1118 9th Street is a well-maintained, ten-unit apartment building in an A+ North of Wilshire Santa Monica location- less than a mile from the beach and walking distance to boutique shopping and everyday conveniences. Built in 1967 with a wood-frame and stucco construction, the property features an ideal mix of… Read More five one-bedroom/one-bath, one two-bedroom/one-and-a-half-bath, and four two-bedroom/two-bath units, appealing to a wide range of renters. Amenities include gated entry, on-site laundry, and on-premises parking, including a two-car garage plus eight additional spaces. With several units rented well below market, the property offers dependable long-term income growth through natural turnover and renovations- a rare opportunity to acquire an irreplaceable asset in one of Southern California's most coveted rental markets. Surrounded by vibrant neighborhood favorites including Father's Office, Fia, The Courtyard Kitchen, and morethis asset is also a short walk to Montana Avenue's upscale boutiques and cafs (like La La Land Kind, Primo Passo, and Le Caf de la Plage) and just steps from the iconic Third Street Promenade, offering an unmatched walkable lifestyle to restaurants, shops, and entertainment. First time on the market in 50 years. Read Less
Courtesy of Marcus & Millichap 818-212-2700
Listing Snapshot
Days Online
103
Last Updated
Property Type
Other
Beds
16
Square Ft.
8,098
Lot Size
0.17 Acres
Year Built
1967
MLS Number
25578645
30 Days Snapshot Of 90403
$1.62M
-24%
(avg) sold price
9
0%
homes sold
56
-21%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
8,098 sq ft, Built in 1967, Levels: Two
Cooling
None
Disclosures
As Is
Garage
Covered Parking, Garage - 2 Car
Heating
Wall
Lot
LotAcreage: 0.1726, LotSizeArea: 7,520
Parking
TotalParking: 10
Property
NumberOfUnits: 10, Zoning: SMR2*
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