Santa Monica, CA 90401 1437 9th Street
$5,495,000
4 more
Presented By: Ryan Dawson with Sullivan-Dituri Co.Realtors;
Beds • 18
Baths • 16
SQFT • 3,416
Home Details
Price Improvement! First time to market in over 60 years! Beautiful, income generating 16-unit apartment complex spanning two lots in Santa Monica. The apartments in the complex open up to a large grass courtyard bathed in California sunshine. The spacious property also lends itself to a potential for development in the heart of Santa Monica. On the boarder of Downtown and Midcity Santa Monica, this complex is surrounded by restaurants and shops, and just minutes from the beach and 10 Freeway. Two parcels totaling: approximately ~14,990 square feet of land and ~6,480 square feet of building per the assessor.
Presented By: Ryan Dawson with Sullivan-Dituri Co.Realtors;
Interior Features for 1437 9th Street
Bedrooms
Total Bedrooms18
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths16
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesLaundryRoom
Total Stories2
General for 1437 9th Street
Additional Parcels Y/NNo
AppliancesRefrigerator
Architectural StyleTraditional
Attached Garage No
Cap Rate4.69
Carport Y/NNo
CitySanta Monica
CoolingNone
CountyLos Angeles
Days on Market34
DirectionsNorth of Broadway on 9th Street.
Full Baths
Garage Y/NNo
Gross Income408365.0
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7479.0
Lot Size UnitsSquareFeet
MLS AreaC14 - Santa Monica
MobileHomeRemainsYNNo
Net Operating Income257921.0
New ConstructionNo
NumberOfUnitsTotal16
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
View Y/NNo
Waterfront Y/NNo
Year Built1956
Year Built SourceAssessor
ZoningSMR3*
Exterior for 1437 9th Street
Building Area Total3416.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1717
Lot Size Area7479.0
Lot Size SourceAssessor
Number of Buildings3
Open Parking Y/NNo
Parking FeaturesDriveway
SpaNo
Total Parking9.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480