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About This Home
This 6-bedroom, 5-bathroom residential multi family at 1041 9th Street in Santa Monica, CA is listed for $4,650,000 ($467 per sqft). Built in 1970, the home offers 9,962 sqft of living space on a 0.17 acres lot.
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.
Key Features
- Built in 1970
- 0.17 acre lot
- 2 stories
- 20 parking spaces
Property Details
Monthly Cost Estimate
$24,869/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1041 9th Street
Santa Monica, CA 90403
Features & Amenities
Exterior Features
Property Details
Parking
Questions & Answers
This 6-bedroom, 5-bathroom residential multi family at 1041 9th Street is listed at $4,650,000 ($467/sqft). The estimated monthly payment is $20,150 based on 20% down at 6.5% interest.
Key features include: Built in 1970, 0.17 acre lot, 2 stories, 20 parking spaces. Exterior Features: Community Features Included: Curbs, Sidewalks, Lot 6500-9999.
This property is listed by Kenneth Marker and can be reached at 8184026254 or sold@therealestateguys.com.
