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Closed
- Listed price
- $3,499,000
- Listed Feb 24, 2020
- Sold price
- $2,800,000
- Sold Sep 9, 2020
7,514 sqft lot|1924 Built|28 MLS days on market
1217 9th St, Santa Monica, CA 90401
Property Description
LOWEST price per door, and HIGHEST cap rate, currently on the market in Santa Monica! This classic 1924 courtyard style property is located on 9th and Wilshire, a PRIME area of Santa Monica. Residents can easily walk, bike, or take a Bird around town. Just 9 blocks from the beach, 6 blocks from Third Street Promenade, and steps away from local restaurants, shops and entertainment. Tech giants, such as, Google, Amazon, Yahoo!, YouTube, Facebook, BuzzFeed and so many more have made, or are in the process of making a home for themselves in and around this Santa Monica area. These major technology companies, as well as, over 500 tech startup companies, has made Santa Monica and west side of LA known as “Silicon Beach.” The building is in very good condition. This is an investor’s dream in that the investor can purchase and hold it as is; OR they have great potential to add value to the property. Current annual income is $203,500. Pro-Forma, with slight improvements to each unit, is $309,600. Pro-Forma with a complete rehab would be even higher. This property also has the potential of ADU (2-3 units) or condo conversion. Email me for OM and rent roll.
Listing agent: Elizabeth AltunaDRE #02036658ElizabethAltunaRealty@gmail.com, Listing office: Residential Agent, Inc.
MLS data updated 10/31/2026, 12:05:37 PM PT
Source: CRMLSMLS #: OC20041648
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,800,000
Sep 9, 2020
Available records22020
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90401 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90401 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.