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1827 9Th St

Santa Monica, CA 90404
  • $4,750,000
  • STATUS: Active
  • ON SITE: 21 days
  • MLS #: 21-736144
UPDATED: 58 min ago
$4,750,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,093
    SQFT
  • $1,161
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1948
County:
Area:

School Ratings & Info

Description

This rare, trophy property is located in one of the most exclusive beach areas of Los Angeles. Live in one and rent the others: (2) two-bedroom/three-bath townhomes, (1) three-bedroom/one bath unit and (1) one-bedroom/one-bath unit. The two immaculate and gorgeous townhomes (BOTH VACANT at closing) were built only in 2012 and no expense was spared. The design and layout of the townhomes are airy and bright with private yards & spacious 2nd floor terraces with room for dining, seating & grilling. Both have open kitchens with expansive seating at an island. The tilework, stainless steel appliances and fixtures were designer selected. High ceilings throughout with vaulted ceilings upstairs, the townhomes are perfect for an owner to live in (they have their pick!). The back units have upside potential although current rents are strong. The townhomes are metered for water, gas &electric while the back units pay gas & electric. The street is extremely quiet and peaceful, and its only 0.8 miles to Santa Monica Beach. The area is spectacular with shopping, dining, entertainment & transportation. Just a stones throw away from Urth Cafe, Shutters on the Beach & Santa Monica Place: an outdoor mall with every dining & shopping option imaginable. Spend an evening at the beach, pier or watch the sun set from the famous Lobster Restaurant. Beach life at its finest!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-18T12:43:08.167. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.markwiseproperties.com/homes/117662990
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1827 9Th St Santa Monica, CA 90404

  • Price: $4,750,000
  • Status: Active
  • Updated: 58 min ago
  • MLS #: 21-736144
8
Beds
0
Baths
0
½ Baths
0.17
Acres
4,093
SQFT
$1,161
$/SQFT
1948
Built
Neighborhood:
Santa Monica
County:
Los Angeles
Area:
Santa Monica
Property Description
This rare, trophy property is located in one of the most exclusive beach areas of Los Angeles. Live in one and rent the others: (2) two-bedroom/three-bath townhomes, (1) three-bedroom/one bath unit and (1) one-bedroom/one-bath unit. The two immaculate and gorgeous townhomes (BOTH VACANT at closing) were built only in 2012 and no expense was spared. The design and layout of the townhomes are airy and bright with private yards & spacious 2nd floor terraces with room for dining, seating & grilling. Both have open kitchens with expansive seating at an island. The tilework, stainless steel appliances and fixtures were designer selected. High ceilings throughout with vaulted ceilings upstairs, the townhomes are perfect for an owner to live in (they have their pick!). The back units have upside potential although current rents are strong. The townhomes are metered for water, gas &electric while the back units pay gas & electric. The street is extremely quiet and peaceful, and its only 0.8 miles to Santa Monica Beach. The area is spectacular with shopping, dining, entertainment & transportation. Just a stones throw away from Urth Cafe, Shutters on the Beach & Santa Monica Place: an outdoor mall with every dining & shopping option imaginable. Spend an evening at the beach, pier or watch the sun set from the famous Lobster Restaurant. Beach life at its finest!
Exterior Features

Covered Parking 2 Lot Size Area 7330 Other Structures None Parking Garage Assigned Total Parking 6

Interior Features

Baths Total 8.00 Cooling Air Conditioning Equipment DishwasherMicrowaveRefrigeratorRange/OvenGarbage DisposalStackable W/D Hookup Heating Central

Property Features

Assessed Total Value 1160858 Gardener Expense 2725.00 Gross Income 228840 Gross Operating Income 225339 Insurance Expense 2718.00 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 158021.00 Number Of Buildings 2 Number Of Units 4 Sale Type Standard Source Living Area Title Company Source Lot Size Area Vendor Enhanced Total Annual Expense 67318 Type Of Units Multifamily Water Expense 2500.00 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Smr2*

Listing provided courtesy of Alyse Livingston DRE#01968030 of Corcoran Global Living.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-18T12:43:08.167. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Mark Wise | Bennion Deville Homes
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