1224 9th St, Santa Monica, CA 90401

$2,650,000
10
BD
10
BA
6,380
SqFt

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Sold Price
$2,650,000
List Price
$2,600,000
Closing Date
Jul 08, 2026
MLS#
26672391
Year Built
1957
Bedrooms
10
Bathrooms
10
Living Sq. Ft
6,380
Lot Size
7,495
Lot Location
City
Days on Market
35
Property Type
Multifamily
Style
Mid-Century
Stories
2

Property Description

1224 9th St is a newly listed 10 unit multifamily opportunity in the heart of Santa Monica, positioned between Wilshire Blvd and Arizona Ave in one of the city's most walkable and supply-constrained residential corridors. The property consists of (10) 1 Bed/1 Bath units spread across approximately 6,380 square feet, situated on a 7,493 square foot lot zoned SMR3. Current rents average well below market, reflecting approximately 38% upside as units turn. The property is 90% occupied and features nine on-site parking spaces, four covered carport spaces in front and five in the rear accessed from the alley, a highly valuable amenity in a neighborhood where off-street parking is limited and consistently in demand. The property boasts a Walk Score and Rider's Score of 100 out of 100, placing residents within steps of Wilshire Blvd's dining, retail, and everyday conveniences, and just minutes from Downtown Santa Monica and the Pacific Ocean. Beyond rental upside, SB 1211 provides a pathway to organically grow income through ADU development without expanding the existing building footprint, creating a compelling additional value-add component. Together, these attributes position 1224 9th St as a rare opportunity to acquire a stable, income-producing asset in one of the Westside's most enduring coastal markets.

Additional Information

Lot Description
Single Lot
Other Buildings
None
Pool Description
None
Heat
Wall
Cooling
Wall/Window
View
City
Exterior Construction
Stucco
Number of Cars in Garage
Assigned, Carport Attached
Water
Public

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Calculator source: Real Geeks

Courtesy of Lyon Stahl Investment Real Estate, Inc., William James - CA DRE#01734419 Selling Office: .

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