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For SaleLuxury

$2,595,000

1,900 sqft$1,366/sqft235 days on market

1047 9th Street

Santa Monica, CA 90403

· 8% down, 7% APR, 30yr fixed

4

Beds

3

Baths

1,900

Square feet

1923

Built

Listing narrative

Description

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 agent (MLS): Donald Heller · Listing brokerage (MLS): Christie's International Real Estate SoCal

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,595,000

Beds

4 bd

Type

House

Home Size

1,900 sqft

Baths

3

Lot Size

0.17 acres

Year

1923

Status

For Sale

Days on Market

235

$ / Sqft

$1,366

· 8% down, 7% APR, 30yr fixed
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Courtesy of Christie's International Real Estate SoCal