1047 9th Street, Santa Monica, CA 90403

Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1047 9th Street,Santa Monica, CA 90403
$2,900,000
  • 4 Beds
  • - Baths
  • 1,900 sq. ft.
  • Multi-family
  • Active
Listed by: donald heller, bjorn farrugia
Office: christie's international real estate socal
MLS#:CL25582909
Source:CA_BRIDGEMLS

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,

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1923
  • Listing ID #:CL25582909
  • Added:525 day(s) ago
  • Updated:December 18, 2025 at 03:46 PM

Rooms and interior

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

Structure and exterior

  • 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

New listings near 1047 9th Street