Fully renovated 13-unit multifamily investment opportunity located in the heart of Downtown Santa Monica, just blocks from the beach, Third Street Promenade, Metro Expo Line, and Silicon Beach employment hubs. The property consists of thirteen studio units and has undergone an extensive top-to-bottom renovation, blending modern coastal design with major system upgrades.Originally built in 1924 and renovated in 2024, the property features a new roof, copper plumbing, upgraded electrical, fiber optic internet, fire sprinkler and monitoring systems, and completed asbestos and lead abatement. Each unit has been redesigned with contemporary finishes including stainless steel appliances, custom cabinetry, SPC flooring, recessed lighting, Title 24 windows, and individual HVAC split systems.Positioned in one of Southern California's strongest rental markets, the property offers investors a stabilized asset with strong in-place income and long-term appreciation potential in a highly walkable coastal location. Residents enjoy immediate access to premier dining, shopping, entertainment, public transit, Santa Monica College, UCLA Medical Center, and major Westside employers.
For sale
$5,100,000
1217 9th St, Santa Monica, CA 90401
--beds
13baths
4,770sqft
Multi Family
Built in 1924
-- sqft lot
$4,841,500 Zestimate®
$1,069/sqft
$-- HOA
What's special
New roofContemporary finishesCustom cabinetryBlending modern coastal designFiber optic internetSpc flooringStainless steel appliances
- 45 days |
- 129 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Kelly Morgan DRE # 01898026 310-836-3638,
Houze Real Estate Management 323-852-1372
Source: CLAW,MLS#: 26837741
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 13
Heating
- Wall
Cooling
- Wall/Window Unit(s)
Interior area
- Total structure area: 4,770
- Total interior livable area: 4,770 sqft
Property
Parking
- Parking features: None
Features
- Levels: One
Lot
- Size: 7,514 Square Feet
Details
- Additional structures: None
- Parcel number: 4282008019
- Zoning: SMR3*
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1924
Community & HOA
Location
- Region: Santa Monica
Financial & listing details
- Price per square foot: $1,069/sqft
- Date on market: 5/22/2026
Estimated market value
$4,841,500
$4.60M - $5.08M
$3,628/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Listed for sale | $5,100,000-12.8%$1,069/sqft |
Source: | ||
| 4/21/2022 | Listing removed | -- |
Source: | ||
| 4/20/2022 | Listed for sale | $5,850,000$1,226/sqft |
Source: | ||
| 4/13/2022 | Contingent | $5,850,000$1,226/sqft |
Source: | ||
| 3/7/2022 | Listed for sale | $5,850,000+108.9%$1,226/sqft |
Source: | ||
| 9/9/2020 | Sold | $2,800,000-20%$587/sqft |
Source: | ||
| 6/22/2020 | Pending sale | $3,499,000$734/sqft |
Source: Residential Agent, Inc. #OC20041648 Report a problem | ||
| 6/22/2020 | Listed for sale | $3,499,000$734/sqft |
Source: Residential Agent, Inc. #OC20041648 Report a problem | ||
| 3/23/2020 | Listing removed | $3,499,000$734/sqft |
Source: Residential Agent, Inc. #OC20041648 Report a problem | ||
| 3/17/2020 | Pending sale | $3,499,000$734/sqft |
Source: California Regional MLS #OC20041648 Report a problem | ||
| 3/17/2020 | Listed for sale | $3,499,000$734/sqft |
Source: California Regional MLS #OC20041648 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Downtown/Third Street Promenade
Nearby schools
GreatSchools rating
- 9/10Roosevelt Elementary SchoolGrades: K-5Distance: 0.7 mi
- 8/10Lincoln Middle SchoolGrades: 6-8Distance: 0.5 mi
- 9/10Santa Monica High SchoolGrades: 9-12Distance: 0.8 mi
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