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1118 9th Street Santa Monica, CA $ 3,500,000
1118 9th Street
$ 3,500,000
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1118 9th Street

Santa Monica, CA, 90403
$ 3,500,000
Bedrooms16 Baths5.0 Sq 8,098

Monthly Estimate*

$ 21,835

Listed by Marcus & Millichap
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Multi-Family Home for sale in Santa Monica, CA

for $3,500,000 with 16 bedrooms and 5 full baths. This 8,098 square foot home was built in 1967 on a lot size of 0.1726.

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 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.

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Multi-Family Active

Price

$ 3,500,000

Bedrooms

16

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1726

Year Built

1967

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

25578645

Days on Market

127

Features
General
Living Area 8098
Heating Wall Furnace
Cooling None
Zoning SMR2*
Year Built 1967
Stories Count 2
Levels Two
Gross Income 238401
County Los Angeles
Net Operating Income 142996
New Construction 0
Property Type Residential Income
HOA 0
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions North of Wilshire Blvd on 9th St.
City Santa Monica
Senior Community Y/N 0
Number Of Units Total 10
MLS Area C14 - Santa Monica
Lot Size Units Square Feet
Lot Size Square Feet 7520
Standard Status Active
Cap Rate 4.09
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Interior
Total Stories 0
Air Conditioning Y/N 0
Heating Y/N 1
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 16
Total Baths 16
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Exterior
Parking Features Covered Door-Multi Garage
Total Parking 10
Lot Size Area 7520
Number of Buildings 1
Building Area Total 8098
Lot Size Acres 0.1726
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* Excluded Features
List By
Marcus & Millichap

Broker

Benjamin.Lewin@marcusmillichap.com

Email

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$21,835
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Monthly Principal & Interest
$21,835
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$3,500,000 Listed Price

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1118 9th Street, Santa Monica, CA, 90403 is a Multi-Family Home for sale at $3,500,000 with 8,098 sqft and a lot size of 0.1726. 1118 9th Street has 16 bedrooms, 5.0 baths, and was built in 1967. The property's zip code is 90403 which is in Santa Monica, CA