Stacey Alysson Melman

1041 9th ST Santa Monica CA 90403 MLS #SR26048580

1041 9th ST
Santa Monica, CA, 90403
$4,650,000
Beds
0 Baths
0 SqFt
0.17 Acres
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MLS #SR26048580 image #0
Price Improvement!! Trust Sale! Premier multifamily investment opportunity located in the highly sought-after city of Santa Monica, one of Southern California’s most stable and supply-constrained rental markets. The property is ideally positioned in a desirable residential neighborhood, just moments from Montana Avenue, Downtown Santa Monica, and Santa Monica Beach, offering exceptional proximity to employment centers, retail, dining, and lifestyle amenities.
Santa Monica continues to demonstrate strong rental demand driven by its coastal location, affluent demographics, limited new housing development, and historically low vacancy rates. These market fundamentals provide investors with durable income stability, long-term appreciation potential, and a defensive investment profile.
The property offers an attractive opportunity for both current income and future value enhancement, supported by consistent tenant demand and the long-term strength of the Santa Monica multifamily market. This asset is well-suited for investors seeking a high-quality coastal holding in a premier West Los Angeles submarket.
AGENT: Kenneth Marker
LISTING BROKERAGE: Rodeo Realty
1041 9th ST
Santa Monica, CA

Property Details

Price:
$4,650,000
MLS #:
SR26048580
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
c14santamonica
Listed Date:
Mar 5, 2026
Total Sq Ft:
9,962
Lot Size:
7,512 sqft / 0.17 acres (approx)
Year Built:
1970
C14 – Santa MonicaC14santamonica
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Schools

Interior

Laundry Features
CM
Levels
U

Exterior

Common Walls
NCW
Community Features
SDW, CRB
Garage Spaces
20
Parking Spots
20
Parking Total
20

Financial

Gross Operating Income
$371,421
Maintenance Fee
$18,600
Net Operating Income
$245,614

Map

Community

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