1217 9th Street, Santa Monica

$3,700,000

0 Beds
0 Baths
3,600 Sqft
5 Garages

This classic 1924 courtyard style property is located on 9th and Wilshire, a PRIME area of Santa
Monica. Residents can easily walk, bike, or take a Bird around town. Just 9 blocks from the
beach, 6 blocks from Third Street Promenade, and steps away from local restaurants, shops and
entertainment. Tech giants, such as, Google, Amazon, Yahoo!, YouTube, Facebook, BuzzFeed
and so many more have made, or are in the process of making a home for themselves in and
around Santa Monica. These major technology companies, as well as, over 500 tech startup
companies, has made Santa Monica and west LA known as “Silicon Beach,” in comparison to
Silicon Valley.
The seismic soft floor retrofitting was completed on the back unit in the 90’s. The building is in
very good condition. This is an investor’s dream in that the investor can purchase and hold it
as is; OR they have enormous potential to add value to the property. Current annual income is
$193,557.00. Pro-Forma without any rehab is $264,300.00. Pro-Forma with a complete rehab,
could be over $350,000.00, depending on type of construction. This property also has the potential for condo conversion.

Essential Information
MLS® #OC19192983
Price$3,700,000
Square Footage3,600
Acres0.17
Year Built1924
TypeResidential Income
StatusActive
Community Information
Address1217 9th Street
AreaSanta Monica (C14)
CitySanta Monica
CountyLos Angeles
StateCA
Zip Code90401
Amenities
Parking Spaces5
# of Garages5
Lot Description

Landscaped, Lawn, Lot Shape-Rectangular, 11-15 Units/Acre, Lot 6500-9999, Park Nearby, Near Public Transit, Up Slope from Street

Additional Information
Date ListedAugust 12th, 2019
Days on Market8
Listing Details
AgentElizabeth Altuna(02036658)
OfficeResidential Agent, Inc.
LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of March 6th, 2019 at 5:36pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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