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1807 9th Street, Santa Monica, CA 90404
5
beds
4
baths
2566
ft2
· 7524
ft2 lot
$1,995,000
$777 / ft2
Listing provided courtesy of J.Woody Stahl, Lyon Stahl Investment Real Estate, Inc..
Source CRMLS.
1807 9th St is a Bungalow Style 4-unit building located north of Pico Blvd just a few blocks from Santa Monica High School. The building was built in 1942 and consists of 2,566 SF of living space situated on a large 7,524 SF lot. The property offers a great unit mix consisting of (1) 2-bed/1-bath unit & (3) 1-bed/1-bath units with private fenced-in backyards. The property also features an on-site laundry facility and (4) single-car garages. Located exactly 1 mile from the Santa Monica pier, 3rd Street Promenade & Muscle Beach, this is an incredible opportunity to acquire a well-maintained asset with significant growth opportunity.
HOA
$—/month
On market
5 months
Year built
1942
Property type
Multi-Family
Parking
4
MLS
SB20236182
Price / Sq.Ft.
$777 / ft2
Status
Active
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Based on a price of $1,995,000
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Common Area
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Interior Size
•   
Building Area Total: 2566.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 4.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: SMR2*
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: Treed Lot
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1727
•   
Lot Size Area: 7524.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 4
Property Features
•   
Common Walls: 1 Common Wall
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 4
•   
Number Of Separate Gas Meters: 4
•   
Number Of Separate Water Meters: 4
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Garage Income: 250.00
•   
Garage Rental Rate: 250.00
•   
Other Expense Description: Utility
•   
Other Expense: 3200.00
•   
Maintenance Expense: 3033.00
•   
Cap Rate: 2.87
•   
Total Actual Rent: 8225.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 26687.00
•   
Insurance Expense: 1026.00
•   
Total Expenses: 35146.00
•   
Gross Scheduled Income: 101100.00
•   
Operating Expense: 35146.00
•   
Gardener Expense: 1200.00
•   
Gross Multiplier: 21.71
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 101100.00
•   
Tax Year: 2019
•   
Taxes: 12323.0
Lease Info
•   
Net Operating Income: 62921.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 1
•   
Unit 3 Actual Rent: 1850.00
•   
Unit 3 Total Units: 1
•   
Has Attached Garage
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 1.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1850.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1600.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Has Attached Garage
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 1.00
•   
Unit 2 Total Rent: 1600.00
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 1
•   
Has Attached Garage
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1875.00
•   
Unit 1 Total Rent: 1875.00
Unit 4 Information
•   
Unit 4 Actual Rent: 2900.00
•   
Unit 4 Total Units: 1
•   
Has Attached Garage
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 2900.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 1.00
•   
Unit 4 Bedrooms: 2
Multi Unit Information
•   
# Of Units: 4
•   
Number Of Units Leased: 4
School Neighborhood & Directions
Location
•   
Community Features: Sidewalks
School Info
•   
Directions: 2nd Parcel from the corner of 9th St and Michigan Ave.
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Calculation
•   
Dom: 94
•   
Cdom: 94
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 20, 2021 4:15am
Neighborhood snapshot
65
Properties for sale
37
Median days on market
$787.65
Median sold price/sqft
98.54%
Sold/List %
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Property History
02/18/2021
02/18/2021
CRMLS #SB20236182
active
CRMLS #SB20236182
$1,995,000
--9.11%
01/11/2021
01/11/2021
CRMLS #SB20236182
active
CRMLS #SB20236182
$2,195,000
--2.44%
11/16/2020
11/16/2020
CRMLS #SB20236182
active
CRMLS #SB20236182
$2,250,000
+200.00%
04/27/2004
04/27/2004
Public Record
sold
Public Record
$750,000
+101.34%
05/27/1999
05/27/1999
Public Record
sold
Public Record
$372,500
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