1025 9TH STREET STREET, SANTA MONICA CA 90403

  • 8,124 sq.ft.
  • 7,510 sq.ft. lot
offered at $4,350,000
MLS#:SB20061877
Status: Active // Property Type:
County: Los Angeles // Year Built: 1968

Property Description

3 units have been recently VACATED. On the market for the first time in over 30 years in one of the best rental markets in Santa Monica! 1025 9th Street (street address is 1027 9th Street) is a 10 unit multifamily building that is 8,124 sq. ft. on a 7,510 sq. ft. lot. This building is rent controlled, therefore there is approximately a 45% rental income upside if one were to bring up the rents to market rates. Their is on-site laundry (leased) and the units are separately metered for electricity and gas. One of the units is recently empty. The rent for this unit is at proforma rate.

Listing Courtesy of Patrick Hattori, The Realestate Group

Exterior Features

Exterior Features: Curbs, Sidewalks, Street Lights
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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