1025 9Th Street Street

  • Santa Monica

  • $4,750,000
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Residential Income Details

Description
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.
Essential
MLS #SB18024657
Price$4,750,000
Number of Units10
Sale TypeStandard
StatusActive
Listing BrokerageRE/MAX Estate Properties
Listing AgentPatrick Hattori
Listing Agent BRE #01267789
Co-Listing AgentJerry Friedman
Co-Listing Agent BRE #00548228
Interior
Exterior
Garage Spaces4
PoolNone
Community
AreaC14 - Santa Monica
CommunityCurbs,Sidewalks,Street Lighting
Address1025 9Th Street Street
CitySanta Monica
CountyLos Angeles
StateCA
ZipCode90403
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, August 30, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.