$ 2,795,000
-
$2,795,000
Price -
4
Bed -
3
Bath -
1,900
SqFt
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About the Listing X8339101 - X11281
Live in the heart of Santa Monica's coveted Wilshire Montana neighborhood while generating income from your own property. 1047 9th Street offers a rare owner-user opportunity to occupy one of three beautifully updated bungalows, each with private outdoor space, in-unit laundry, and dedicated parking with EV charging. Enjoy a walkable, Santa Monica lifestyle just steps from the iconic Montana Avenue's premier shopping, dining, and fitness, and a short stroll to the beach, an ideal blend of comfort, charm, and everyday convenience in one of Santa Monica's most desirable neighborhoods. Beyond the lifestyle appeal, this Mills Act-designated property provides significant property tax savings, enhancing cash flow and long-term financial performance. The three-unit compound is well-positioned for strong rental demand and low vacancy, with additional upside through the potential to add one to two two-bedroom units, projecting up to $120,000 in additional annual income. Combining historic character with modern amenities and future development potential, this is a unique opportunity to own a tax-advantaged, income-producing asset with both immediate returns and long-term growth. Drive-by only. Interior access provided with accepted offer. Please do not disturb tenants.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
26666437
Year Built
1923
Total Square Footage
1,900
Lot/Acreage
0.17
County
Los Angeles
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances: Free Standing Gas
- Air Cond: Wall Unit(s)
- Heating: Floor
- Fireplaces:
- Floor: Mixed,Tile,Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Front Yard,Lawn,Landscaped,Sidewalks,Yard
- Garage Capacity: N/A
- Parking Spaces: 6
- Zoning: SMR2*
- Roof: Composition,Shingle
- Others: Updated/Remodeled
- Sewer: In Street
- Parking Features: Detached,Uncovered,Private
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
1047 9th St Santa Monica, CA 90403
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