854 9th Street, Santa Monica, CA 90403 - Berkshire Hathaway HomeServices California Properties

854 9th Street, Santa Monica, CA 90403

$4,125,000 Approx. USD 18 beds, 18 baths
10,356 sqft

Listing Agent


Jonathan Taksa | jon@taksainvestment.com
Lic#: 01366169
Broker: Courtesy of Remax Commercial and Investment Realty

Agent Remarks

We are pleased to offer for sale an incredible multifamily asset located at 854 9th Street in the heart of LA's famed beach city of Santa Monica. Originally built in 1968, the building boasts an incredible unit mix consisting of all very large 2-bedroom and 1-bedroom floor plans. Each of these units is spacious, has a terrific layout, and offers an abundance of natural light. Perfect for a long-term investor, the property has incredible rental upside, a secured entrance, ample on-site parking, as well as an on-site laundry facility. The unit mix includes (8) 2-bed, 2-bath units and (2) 1-bed, 1-bath units. Many of the interiors have been upgraded with hardwood flooring, stainless steel appliances, and granite countertops. Additionally, units feature charming built-ins and balconies. This is a fantastic trophy asset in an undeniably attractive location that will be a perfect addition to an investor's portfolio. A quick stroll to Montana Avenue, downtown Santa Monica, and the beach, this property is situated close to all Santa Monica has to offer. With incredible in-place income, enormous rental upside potential, and a secured tenant base, 854 9th Street gives buyers the unique opportunity to own a generational asset in one ofLA's most prized and coveted locations.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 25491077
Price: $4,125,000
Beds: 18
Baths: 18
Built in 1968
10,356 sqft
1 story
0.17 acres
Lot size: 0.1727
County: Los Angeles
Zoning: SMR2*
Appliances: Dishwasher,Microwave
Parking description: Assigned
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: C14 - Santa Monica

Last Updated: 3/6/2025

 Days On Market (DOM): 35

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This listing belongs to the C14 - Santa Monica MLS area

Lat/Long: 34.027027, -118.498879.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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