1118 9th ST
Santa Monica, CA, 90403
$3,150,000
16 Beds
16 Baths
8,098 SqFt
0.17 Acres
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MLS #25578645 image #0
$350k Price Adjustment. 1118 9th Street is a well-maintained, ten-unit apartment building in an A+ North of Wilshire Santa Monica location, less than a mile from the beach and walking distance to boutique shopping and everyday conveniences. Built in 1967 with a wood-frame and stucco construction, the property features an ideal mix of five one-bedroom/one-bath, one two-bedroom/one-and-a-half-bath, and four two-bedroom/two-bath units, appealing to a wide range of renters. Amenities include gated entry, on-site laundry, and on-premises parking, including a two-car garage plus eight additional spaces. Two units can potentially be delivered vacant, a one-bedroom one-bathroom and a two-bedroom two-bathroom unit, allowing a buyer to renovate to modern standards and achieve premium market rents. With several units rented well below market, the property offers dependable long-term income growth through natural turnover and renovations a rare opportunity to acquire an irreplaceable asset in one of Southern California’s most coveted rental markets. Surrounded by vibrant neighborhood favorites including Father’s Office, Fia, The Courtyard Kitchen, and more- this asset is also a short walk to Montana Avenue’s upscale boutiques and cafes (like La La Land Kind, Primo Passo, and Le Cafe de la Plage) and just steps from the iconic Third Street Promenade, offering an unmatched walkable lifestyle to restaurants, shops, and entertainment. Soft story retrofit still needs to be completed.

Property Details

Price:
$3,150,000
MLS #:
25578645
Status:
Pending
Beds:
16
Baths:
16
Type:
Single Family
Neighborhood:
c14santamonica
Listed Date:
Aug 14, 2025
Finished Sq Ft:
8,098
Total Sq Ft:
8,098
Lot Size:
7,520 sqft / 0.17 acres (approx)
Year Built:
1967
C14 – Santa MonicaC14santamonica

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Schools

Interior

Cooling
NO
Heating
WL
Levels
U

Exterior

Parking Spots
10
Parking Total
10

Financial

Gross Operating Income
$246,933
Net Operating Income
$157,612

Map

Community

Market Summary

Current real estate data for Single Family in Santa Monica as of May 08, 2026
628
Single Family Listed
95
Avg DOM
454
Avg $ / SqFt
$1,729,358
Avg List Price

Property Summary

    1118 9th ST Santa Monica CA is a Single Family for sale in Santa Monica, CA, 90403. It is listed for $3,150,000 and features 16 beds, 16 baths, and has approximately 8,098 square feet of living space, and was originally constructed in 1967. The current price per square foot is $389. The average price per square foot for Single Family listings in Santa Monica is $454. The average listing price for Single Family in Santa Monica is $1,729,358.

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1118 9th ST
Santa Monica, CA