$5,100,000
1217 9th Street, Santa Monica CA 90401
Multi-Family (13 Units)
Property type
25 days
On market
$1,069
Price per sqft
N/A
Garage
1924
Year built
7,514 sqft
Lot size
Open Houses
Overview
Fully renovated 13-unit multifamily investment opportunity located in the heart of Downtown Santa Monica, just blocks from the beach, Third Street Promenade, Metro Expo Line, and Silicon Beach employment hubs. The property consists of thirteen studio units and has undergone an extensive top-to-bottom renovation, blending modern coastal design with major system...
Listing provided by: Kelly Morgan DRE #01898026 310-836-3638, Houze Real Estate Management
Listing updated: May 30, 2026 at 07:18am.
Last checked: Jun 14, 2026 at 01:30pm
Source: CRMLS #26837741
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 12 | 0 | 1 | — | $2,265 | $27,176 | $28,800 | Unfurnished |
| 1 | 0 | 1 | — | $2,545 | $2,545 | $2,600 | Unfurnished |
# of Buildings: 1
# of Units Total: 13
Financial Snapshot
Gross Rent Multiplier
14.2x
List Price / Annual Gross Rent
Cap Rate
4.78%
NOI / List Price
Net Operating Income: $243,651
Interior
Cooling: Wall Window Units
Heating: Wall Furnace
Exterior
Stories Total: 0
Levels: One
Garage and Parking
Parking: None
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 4282008019
Zoning: SMR3*
Community
HOA: No
Senior Community: No