1025 9th Street St Santa Monica, CA 90403

$4,350,000
Santa Monica, CA   90403
0 Beds, 0.0 Baths, 0 sq ft, 7,510 sq ft lot, Built in 1968
1025 9th Street St, Santa Monica, CA 90403 Photo 0
1025 9th Street St, Santa Monica, CA 90403 Photo 1
1025 9th Street St, Santa Monica, CA 90403 Photo 2
1025 9th Street St, Santa Monica, CA 90403 Photo 3
1025 9th Street St, Santa Monica, CA 90403 Photo 4
0 Beds,
0.0 Baths,
0 sq ft,
7,510 sq ft lot
Built in 1968

Description

MLS# SB18024657

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. One of the units is recently empty. The rent for this unit is at proforma rate. Listed by Patrick Hattori, The Realestate Group.

Description

MLS# SB18024657

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. One of the units is recently empty. The rent for this unit is at proforma rate. Listed by Patrick Hattori, The Realestate Group.

Area
AREA: C14 - Santa Monica
COUNTY: LA
Building Info
STORIES: 2
COMMON WALLS: 2+ Common Walls
POOL: None
LAUNDRY: In Carport
Exterior Features
LOT: 6-10 Units/Acre
Garage & Parking
PARKING SPACES: 14.00
GARAGE SPACES: 4.00
CARPORT SPACES: 10.00
Community
COMMUNITY: Curbs, Sidewalks, Street Lighting
UNITS TOTAL: 10
STORIES TOTAL: 2
Land
WATER: Public
LOT NUMBER: 17
TRACT NUMBER: 51303
ZONE: SMR2*
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