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.
159 days
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613
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51
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Zillow last checked:
Listing updated:
Listed by:
Donald HellerDRE # 01198240424-655-3867,
Christie's International Real Estate SoCal424-249-7162,
Bjorn FarrugiaDRE # 01864250310-998-7175,
Carolwood Estates
Source: CLAW,MLS#: 26666437
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Heating
Has Heating (Unspecified Type)
Cooling
Wall Unit(s)
Appliances
Included: Free Standing Gas, Refrigerator, Washer, Dryer, Range/Oven, Gas Water Heater
Laundry: In Unit
Features
Flooring: Mixed, Tile, Hardwood
Has fireplace: No
Fireplace features: None
Interior area
Total structure area: 1,900
Total interior livable area: 1,900 sqft
Property
Parking
Total spaces: 6
Parking features: Detached, Open, Private
Has garage: Yes
Uncovered spaces: 6
Features
Levels: One
Pool features: None
Spa features: None
Has view: Yes
View description: Trees/Woods
Waterfront features: None
Lot
Size: 7,514 Square Feet
Features: Front Yard, Lawn, Landscaped, Sidewalks, Yard