1047 9th Street, Santa Monica, CA 90403

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1047 9th Street,Santa Monica, CA 90403
$2,900,000
  • 4 Beds
  • 3 Baths
  • 1,900 sq. ft.
  • Multi-family
  • Active
Listed by:donald heller
Office:christie's international real estate socal
MLS#:25582909
Source:CRMLS

Price summary

  • Price:$2,900,000
  • Price per sq. ft.:$1,526.32

About this home

A rare opportunity for investors: 1047 9th Street is a Mills Act property, offering significant property tax savings that directly improve net operating income, making this a uniquely attractive turnkey investment in Santa Monica's coveted Wilshire Montana neighborhood. This historic compound consists of three fully updated bungalows on a single lot, each with private outdoor space, in-unit laundry, and two parking spaces with EV-charging capability. These modern amenities, paired with classic architectural charm, ensure strong tenant appeal and low vacancy. The location boasts an A+ walkability score, just steps from Montana Avenue's premier shopping, dining, fitness studios, and a short stroll to the beach, offering lifestyle convenience that commands premium rental rates. Beyond its current stability, the property also presents clear value-add potential: entitlements allow for the addition of one to two two-bedroom units, with projected rental upside of up to $120,000 annually,

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Home facts

  • Year built:1923
  • Listing ID #:25582909
  • Added:432 day(s) ago
  • Updated:September 16, 2025 at 01:22 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Living area:1,900 sq. ft.

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1923
  • Building area:1,900 sq. ft.
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$2,900,000
  • Price per sq. ft.:$1,526.32
Based on information from California Regional Multiple Listing Service, Inc. as of September 16, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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