1025 9th Street Street, Santa Monica

$4,350,000

0 Beds
0 Baths
8,124 Sqft
4 Garages

On the market for the first time in over 30 years in one of the best rental markets in Santa Monica! 1025 9th Street (street address is 1027 9th Street) is a 10 unit multifamily building that is 8,124 sq. ft. on a 7,510 sq. ft. lot. This building is rent controlled, therefore there is approximately a 45% rental income upside if one were to bring up the rents to market rates. Their is on-site laundry (leased) and the units are separately metered for electricity and gas. One of the units is recently empty. The rent for this unit is at proforma rate.

Essential Information
MLS® #SB18024657
Price$4,350,000
Square Footage8,124
Acres0.17
Year Built1968
TypeResidential Income
StatusPending
Community Information
Address1025 9th Street Street
AreaSanta Monica (C14)
CitySanta Monica
CountyLos Angeles
StateCA
Zip Code90403
Amenities
Parking Spaces14
# of Garages4
Interior
# of Stories2
StoriesTwo
Exterior
Lot Description6-10 Units/Acre
Additional Information
Date ListedFebruary 5th, 2018
Days on Market477
ZoningSMR2*
Listing Details
AgentPatrick Hattori(01267789)
OfficeThe Realestate Group
Property History
Status Changed from Active to Pending
Price Reduced from $4,750,000 to $4,350,000
Price Reduced from $5,000,000 to $4,750,000
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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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