1813 9th St | Santa Monica, CA 90404
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- LoopNet Team
1813 9th St
Santa Monica, CA 90404
Santa Monica Location | 6 Units · Multifamily Property For Sale · 6 Units
INVESTMENT HIGHLIGHTS
- Excellent Unit Mix of 2 (2+1.5’s) and 4 (3+2’s)
- Significant Capital Improvements including a Newer Roof, Copper Plumbing, Electrical Upgrades, and a Newer Water Heater
- True Value-Add Opportunity with Current Rents ±49% Under Market
- Half of the Units are Townhouse-Style Units
- Select Units have been Extensively Upgraded with Designer Finishes
- Exceptional Market Fundamentals 2024 Average Home Value of $1,703,436 and 2024 Average Household Income of $174,679
PROPERTY FACTS
| No. Units | 6 | Building Size | 7,763 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 0.77/1,000 SF |
| Lot Size | 0.17 AC |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,763 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 0.77/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Stainless Steel Appliances
- Range
- Double Pane Windows
- Patio
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 2 | $1,944 | 1,080 |
| 3+2 | 4 | $3,049 | 1,400 |
PROPERTY TAXES
| Parcel Number | 4283-021-004 | Improvements Assessment | $343,920 |
| Land Assessment | $99,794 | Total Assessment | $443,714 |
PROPERTY TAXES
Parcel Number
4283-021-004
Land Assessment
$99,794
Improvements Assessment
$343,920
Total Assessment
$443,714
ZONING
| Zoning Code | SMR2* (to be verified by Buyer) |
| SMR2* (to be verified by Buyer) |
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