854 9th ST, Santa Monica, CA 90403
854 9th ST, Santa Monica, CA 90403
854 9th ST, Santa Monica, CA 90403
854 9th ST, Santa Monica, CA 90403
854 9th ST, Santa Monica, CA 90403
854 9th ST, Santa Monica, CA 90403
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 4,125,000
Est. payment | /mo

18 Beds

18 Baths

10,356 SqFt

Save
$ 4,125,000
Est. payment | /mo
Save

18 Beds

18 Baths

10,356 SqFt

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 10,356 sqft

Price per Sqft $398

MLS Listing ID 25491077

Bedrooms 18

HOA Y/N No

Year Built 1968

Lot Size 7,522 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dishwasher, Microwave

Exterior

Parking Features Assigned

Total Parking Spaces 16

Building

Story 2

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4281032011

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Jonathan Taksa Remax Commercial and Investment Realty #01366169

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.