Skip To Content

1743 9Th Street

Santa Monica, CA 90404
  • $3,495,000
  • STATUS: Active
  • ON SITE: 42 Days
  • ID#: 21797734
$3,495,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1970
County:

School Ratings & Info

Listing Agent: Marc Chorin of Rodeo Realty - Pacific Palisades


Description

Extra Large 8 UNITS Cash flow investment property with tremendous rent upside potential near Santa Monica beaches, at the end of Cul-de-sac. Two story building, freshly painted including 7 TWO BEDROOMS UNITS with 4 townhouses ( 2bed+1.5 bath), 2 one level( 2bed+1.5bath), 1x ( 2bed+2bath), 1x (1bed+1.5bath). Approximately 41% rent increase potential and $437k / per door. Rent roll and estimated financial sheet attached in MLS docs. 12 parking spaces include 8 garages with 4 currently vacant ( projected rent $1000) and 4 carports. One ( 2+2 ) unit with inside laundry and A/C shall be delivered vacant at COE . BUILDING SOFT STORY ALREADY RETROFITTED AND CITY REQUIREMENTS RETROFITTED . Tenant occupied, showings with an accepted offer, do not disturb tenants. UNIT #4 AVAILABLE TO BE SHOWN .call agent for more info.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T00:27:26.463. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/122669142
Print Image

1743 9Th Street Santa Monica, CA 90404

  • Price: $3,495,000
  • Status: Active
  • On Site: 42 Days
  • ID#: 21797734
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1970
Built
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - Santa Monica
Property Description
Extra Large 8 UNITS Cash flow investment property with tremendous rent upside potential near Santa Monica beaches, at the end of Cul-de-sac. Two story building, freshly painted including 7 TWO BEDROOMS UNITS with 4 townhouses ( 2bed+1.5 bath), 2 one level( 2bed+1.5bath), 1x ( 2bed+2bath), 1x (1bed+1.5bath). Approximately 41% rent increase potential and $437k / per door. Rent roll and estimated financial sheet attached in MLS docs. 12 parking spaces include 8 garages with 4 currently vacant ( projected rent $1000) and 4 carports. One ( 2+2 ) unit with inside laundry and A/C shall be delivered vacant at COE . BUILDING SOFT STORY ALREADY RETROFITTED AND CITY REQUIREMENTS RETROFITTED . Tenant occupied, showings with an accepted offer, do not disturb tenants. UNIT #4 AVAILABLE TO BE SHOWN .call agent for more info.
Exterior Features

Architectural Style Contemporary Carport YN Yes Parking Features Attached CarportAssignedDriveway Down Slope From Street Parking Total 12 View City LightsMountain(S) View YN Yes

Interior Features

Appliances Disposal Cooling Gas Cooling YN Yes

Property Features

Association Fee 0 Disclosures Rent Control Garage YN Yes Gross Income 189792 Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 132854 New Construction YN No Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Zoning Smr2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T00:27:26.463. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367462314-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367462314-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367462314-1.jpg
Logo
The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing Agent: Marc Chorin of Rodeo Realty - Pacific Palisades