1047 9th Street, Santa Monica, CA 90403
List Price: $2.79M
Listing Status: Active
0Days on Market: 55
4 Bedrooms · 3 Bathrooms · 1,900 sq ft
Property Type: ResidentialIncome
Year Built: 1923
Lot Size: 7,513 sq ft
Private Pool: Yes
MLS Number: 26666437
About This Property
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. Disclaimer: Images have been virtually staged.
Listing provided by: Donald Heller DRE #01198240 424-249-7162 don@donhellergroup.com, Christie's International Real Estate SoCal
Source: CRMLS