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Stacey Alysson Melman

1047 9th ST
Santa Monica, CA, 90403
$2,595,000
4 Beds
3 Baths
1,900 SqFt
0.17 Acres
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MLS #26666437 image #0
Live in the heart of Santa Monica’s coveted Wilshire Montana neighborhood while generating income from your own property. 1047 9th Street offers a rare owner-user opportunity to occupy one of three beautifully updated bungalows, each with private outdoor space, in-unit laundry, and dedicated parking with EV charging. Enjoy a walkable, Santa Monica lifestyle just steps from the iconic Montana Avenue’s premier shopping, dining, and fitness, and a short stroll to the beach, an ideal blend of comfort, charm, and everyday convenience in one of Santa Monica’s most desirable neighborhoods. Beyond the lifestyle appeal, this Mills Act-designated property provides significant property tax savings, enhancing cash flow and long-term financial performance. The three-unit compound is well-positioned for strong rental demand and low vacancy, with additional upside through the potential to add one to two two-bedroom units, projecting up to $120,000 in additional annual income. Combining historic character with modern amenities and future development potential, this is a unique opportunity to own a tax-advantaged, income-producing asset with both immediate returns and long-term growth. Drive-by only. Interior access provided with accepted offer. Please do not disturb tenants. Disclaimer: Images have been virtually staged.
AGENT: Donald Heller
LISTING BROKERAGE: Christie’s International Real Estate SoCal
1047 9th ST
Santa Monica, CA

Property Details

Price:
$2,595,000
MLS #:
26666437
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Neighborhood:
c14santamonica
Listed Date:
Mar 20, 2026
Finished Sq Ft:
1,900
Total Sq Ft:
1,900
Lot Size:
7,513 sqft / 0.17 acres (approx)
Year Built:
1923
BungalowC14 – Santa MonicaC14santamonicaTrees/woods
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Schools

Interior

Appliances
Refrigerator
Flooring
Tile, Wood
Laundry Features
Washer Included, Dryer Included
Levels
One

Exterior

Architectural Style
Bungalow
Construction Materials
Stucco
Direction Faces
West
Lot Features
Landscaped, Front Yard, Lawn, Yard
Open Parking Spaces
6
Open Parking YN
1
Parking Features
Private, Open
Parking Spots
6
Parking Total
6
Roof
Composition, Shingle
Spa Features
None
View
Trees/Woods

Financial

Gross Operating Income
$154,476
Net Operating Income
$112,968

Map

Community

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