1041 9th Street, Santa Monica, CA 90403
- $3,900,000
- Sold Price
- $3,900,000
- List Price
- $4,650,000
- Closing Date
- Jun 29, 2026
- Status
- CLOSED
- MLS#
- SR26048580
- Year Built
- 1970
- Lot Size
- 7,512
- Acres
- 0.17
- Days on Market
- 57
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- Two Levels
Property Description
Price Improvement!! Trust Sale! 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.
Additional Information
- Pool Description
- None
- Garage Spaces Total
- 20
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 10
- Gross Scheduled Income
- $382,909
- Operating Expense
- 125807
Listing courtesy of Listing Agent: Kenneth Marker (sold@therealestateguys.com) from Listing Office: Rodeo Realty.
Listing sold by Robert Sillman from Lyon Stahl Investment Real Estate, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.