We are pleased to present a fifteen (15) unit apartment building located at 1860 9th Street in Santa Monica, California. The subject property is located in a prime Santa Monica location just north of Lincoln Boulevard and west of Pico Boulevard. Built in 1955, this property contains an excellent unit mix of one (1) studio / one-bathroom unit and fourteen (14) two-bedroom / one and a half-bathroom units. The property consists of a double-lot with one being zoned commercial. All units face the well-maintained inner courtyard. The units boast a ton of character with lovely tile and wood flooring, tile counters, French doors, antique light fixtures, and other built-in decorative elements. There is shared laundry on-site with newer Maytag high efficiency appliances. This rare, mid-size asset goes street-to-street with eight (8) garage parking spaces off of Lincoln Court, three (3) covered carports with storage spaces above, and seven (7) uncovered interior parking spaces. Most of the storage can be rented for additional income, and there is a private storage room attached to the southern garage. There is great potential to convert the garage spaces into multiple ADU units. Tenants will love living only one (1) mile to Santa Monica Pier, with easy access to major transportation and some of the strongest employment hubs available throughout Los Angeles County. Situated in a prime Santa Monica location, this offering presents an excellent opportunity for any investor to capitalize on the strong initial cash flow coupled with the opportunity to build out multiple ADU(s) with a very favorable loan assumption.
This property is $4.2M more than the Median Sold Price and $586/SqFt less than other homes in Santa Monica, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24371213
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Jason Tuvia
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/27/2024, 12:55:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
May 18, 2005
May 18, 2005Home Sold
$3,200,000
Nov 30, 1999
Nov 30, 1999Home Sold
$1,300,000
Nov 15, 1996
Nov 15, 1996Home Sold
$1,150,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$50,498
$4,123,639
2020
$49,670
$4,078,586
2019
$46,625
$3,998,615
2018
$46,393
$3,920,212
2017
$46,393
$3,843,346
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
John Muir Elementary School
2526 6th St
Distance between this listing and this school0.52 miles
Public District Grades KG-5
Middle School
7
/10
John Adams Middle School
2425 16th St
Distance between this listing and this school0.74 miles
Public District Grades 6-8
High School
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school0.19 miles
Public District Grades 9-12
Assigned Schools
6
/10
John Muir Elementary School
2526 6th St
Distance between this listing and this school0.52 miles
Public District Grades KG-5
Nearby Schools
6
/10
Will Rogers Elementary School
2401 14th St
Distance between this listing and this school0.64 miles
Public District Grades KG-5
9
/10
Grant Elementary School
2368 Pearl St
Distance between this listing and this school1.25 miles
Public District Grades KG-5
Assigned Schools
7
/10
John Adams Middle School
2425 16th St
Distance between this listing and this school0.74 miles
Public District Grades 6-8
Nearby Schools
9
/10
Lincoln Middle School
1501 California Ave
Distance between this listing and this school1.19 miles
Public District Grades 6-8
6
/10
Mark Twain Middle School
2224 Walgrove Ave
Distance between this listing and this school2.26 miles
Public Magnet Grades 6-8
Assigned Schools
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school0.19 miles
Public District Grades 9-12
Nearby Schools
3
/10
Animo Venice Charter High School
820 Broadway St
Distance between this listing and this school1.59 miles
Public Charter Grades 9-12
8
/10
New West Charter
1905 Armacost Ave
Distance between this listing and this school2.21 miles
The neighbors living near this home have an average income of $65,064. Residents of Santa Monica, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1860 9th St
What is the listing price of this property?
The listing price of 1860 9th St property is $5,999,000.
What type of property is this?
The property 1860 9th St is a house located in Santa Monica, California, 90404.
Is this property for sale now?
Active Listing: 1860 9th St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1860 9th St are: John Muir Elementary School: GreatSchools Rating 6/10John Adams Middle School: GreatSchools Rating 7/10Santa Monica High School: GreatSchools Rating 9/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $50,498 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 18, 2005 for $3,200,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1860 9th St has 28 bedrooms and 22 bathrooms.
What is the square footage of this property?
The property 1860 9th St is 11,456 SqFt (source: MLS/tax record).
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This home is located at 1860 9th St in Santa Monica, CA and zip code 90404 in the Pico neighborhood. This 11,456 square foot home, which was built in 1955, sits on a 0.33 acre lot. Features: 28 bedrooms, 22 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $5,999,000.
Santa Monica, CA housing market in March 2024 saw over 13 listings sold above listed price, more than 3 sold at listed price and over 19 sold below. Between February 2024 and March 2024, Santa Monica, CA real estate market has seen increase in the number of listings by 22.3%. While the average time on the market in March 2024 was 45 days, the median list price was $1,790,666.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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