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1747 9TH Street

Santa Monica, CA 90404
  • $1,849,000
  • STATUS: Active
  • ON SITE: 118 Days
  • ID#: 22142493
Price Reduced
UPDATED: 39 min ago
$1,849,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Listing Agent(s): Mark Gallandt of Jesse Weinberg (800-804-9132)


Description

Rare opportunity to invest or develop multi unit residential property in Santa Monica prime location. This 7505 sq foot lot encompasses 3 separate income producing dwellings consisting of a main house, and 2 attached rear units with ample off street parking and garages, all to be delivered vacant. Huge yard resembles a small park. R2 zoning near Lincoln Blvd with quick access to the 10 Freeway makes this is an incredible opportunity for both the rental investor or multi unit Development Company looking to build luxury condos or apartments. Currently the main house is (2 bdr 1 bth) and 2 attached rear units (1 bdr 1 bth each) encompassing a total combined 1460 sq feet. Historical Santa Monica property values continue to increase making this an exceptional opportunity. Amazing walking and transit scores (86 & 78) enhance this prime location with Metro Access just blocks away. Don't miss this opportunity to acquire an amazing location in Santa Monica coveted neighborhood.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-09T08:25:00.243. 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 Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
www.canerealestate.com/homes/127637257
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1747 9TH Street Santa Monica, CA 90404

  • Price: $1,849,000
  • Status: Active
  • On Site: 118 Days
  • Updated: 39 min ago
  • ID#: 22142493
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1925
Built
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - Santa Monica
Property Description
Rare opportunity to invest or develop multi unit residential property in Santa Monica prime location. This 7505 sq foot lot encompasses 3 separate income producing dwellings consisting of a main house, and 2 attached rear units with ample off street parking and garages, all to be delivered vacant. Huge yard resembles a small park. R2 zoning near Lincoln Blvd with quick access to the 10 Freeway makes this is an incredible opportunity for both the rental investor or multi unit Development Company looking to build luxury condos or apartments. Currently the main house is (2 bdr 1 bth) and 2 attached rear units (1 bdr 1 bth each) encompassing a total combined 1460 sq feet. Historical Santa Monica property values continue to increase making this an exceptional opportunity. Amazing walking and transit scores (86 & 78) enhance this prime location with Metro Access just blocks away. Don't miss this opportunity to acquire an amazing location in Santa Monica coveted neighborhood.
Exterior Features

Architectural Style Bungalow Carport Spaces 0 Construction Materials Wood Siding Direction Faces West Entry Location Ground Level W/Steps Foundation Details Raised Lot Features Front Yard Number Of Separate Electric Meters 3 Parking Features ConcreteCoveredDoor-SingleGarageShared DrivewaySide By Side Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features None Appliances Gas RangeRefrigerator Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Garage YN Yes Gross Income 86400 Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Net Operating Income 84900 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 2 Property Condition Repairs Cosmetic Rent Control YN Yes Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays ElectricityGas Utilities Overhead Utilities Vacancy Allowance Rate 1 Zoning Smr2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-09T08:25:00.243. 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 Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
 
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Cane Real Estate | Keller Williams La Jolla
7817 Ivanhoe Avenue #101
La Jolla CA, 92037
Listing Agent(s): Mark Gallandt of Jesse Weinberg (800-804-9132)