Residential Income Details
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.
|Number of Units||10|
|Listing Brokerage||RE/MAX Estate Properties|
|Listing Agent||Patrick Hattori|
|Listing Agent BRE #||01267789|
|Co-Listing Agent||Jerry Friedman|
|Co-Listing Agent BRE #||00548228|
Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, August 30, 2018.
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