1041 9th Street Santa Monica, CA $ 4,950,000
1041 9th Street
$ 4,950,000
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1041 9th Street

Santa Monica, CA, 90403
$ 4,950,000
Baths2.0 Sq 9,962

Monthly Estimate*

$ 30,478

Listed by Rodeo Realty
1041 9th Street, Santa Monica, CA 90403 - Image 1
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1041 9th Street, Santa Monica, CA 90403 - Image 9
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1041 9th Street, Santa Monica, CA 90403 - Image 13
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Studio

Multi-Family Home for sale in Santa Monica, CA

for $4,950,000 with 2 full baths. This 9,962 square foot home was built in 1970 on a lot size of 0.1725.

Premier multifamily investment opportunity located in the highly sought-after city of Santa Monica, one of Southern California’s most stable and supply-constrained rental markets. The property is ideally positioned in a desirable residential neighborhood, just moments from Montana Avenue, Downtown Santa Monica, and Santa Monica Beach, offering exceptional proximity to employment centers, retail, dining, and lifestyle amenities. Santa Monica continues to demonstrate strong rental demand driven by its coastal location, affluent demographics, limited new housing development, and historically low vacancy rates. These market fundamentals provide investors with durable income stability, long-term appreciation potential, and a defensive investment profile. The property offers an attractive opportunity for both current income and future value enhancement, supported by consistent tenant demand and the long-term strength of the Santa Monica multifamily market. This asset is well-suited for investors seeking a high-quality coastal holding in a premier West Los Angeles submarket.

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Multi-Family Active

Price

$ 4,950,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1725

Year Built

1970

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

SR26028402

Days on Market

18

Features
General
Sewer Public Sewer
Garage Spaces 10
Pool Features None
Year Built 1970
Stories Count 2
Levels Two
Property Subtype Mixed Use
Gross Income 331032
Community Features Curbs Sidewalks
County Los Angeles
Net Operating Income 215825
Operating Expense 115807
Insurance Expense 7276
New Construction false
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Trust
Status Active
Directions Montana or Wilshire Blvd. to 9th St.
City Santa Monica
Entry Location Front
Senior Community Y/N false
Number Of Units Total 10
MLS Area C14 - Santa Monica
Lot Size Units Square Feet
Lot Size Square Feet 7512
Listing Terms Cash
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 3802
Water Sewer Expense 10800
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot P
Property Sub Type Additional Mixed Use
Taxes 61875
Cap Rate 4.4
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Interior
Total Stories 2
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Parking Features Underground
Water Source Public
Total Parking 10
Lot Size Area 7512
Number of Buildings 1
Building Area Total 9962
Lot Size Acres 0.1725
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 10
Number of Separate Electric Meters 10
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* Excluded Features
List By
Rodeo Realty

Broker

sold@therealestateguys.com

Email

Affordability Calculator

$30,478
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Monthly Principal & Interest
$30,478
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Default based on a 30-year fixed rate of 6.25% 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
2/9/2026$4,950,000 Listed Price

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1041 9th Street, Santa Monica, CA, 90403 is a Multi-Family Home for sale at $4,950,000 with 9,962 sqft and a lot size of 0.1725. 1041 9th Street is a studio with 2.0 baths and was built in 1970. The property's zip code is 90403 which is in Santa Monica, CA