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
Baths0.0 Sq 8,098

Monthly Estimate*

$ 21,835

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Studio

Multi-Family Home for sale in Santa Monica, CA

for $3,500,000. This 8,098 square foot home was built in 1967 on a lot size of 0.17.

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

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.17

Year Built

1967

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

0025578645

Features
General
Heating Wall Furnace
Zoning SMR2*
Year Built 1967
Levels Two
County Los Angeles
Net Operating Income 142996.0
New Construction No
Property Type C
HOA No
Status Active
City Santa Monica
Senior Community Y/N No
MLS Area C14 - Santa Monica
Lot Size Units Square Feet
Lot Size Square Feet 7520.0
Standard Status Active
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Exterior
Parking Features Garage - Two Door Garage - Three Door Covered
Lot Size Area 7520.0
Foundation Details None
Building Area Total 8098.0
Lot Size Acres 0.17
Land Lease Type Fee
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Interior
Air Conditioning Y/N No
Heating Y/N Yes
Total Baths 0
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* Excluded Features
List By
Benjamin Lewin

Listing Agent

Marcus & Millichap

Broker

Affordability Calculator

$21,835
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,835
Monthly Property Taxes
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Monthly Home Insurance
--
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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/16/2025$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 0.17. 1118 9th Street is a studio with 0.0 baths and was built in 1967. The property's zip code is 90403 which is in Santa Monica, CA