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$4,200,000   Price Analysis
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725 9th St
Santa Monica, CA 90402
12 bed 11 bath 7,250 SqFt ($579/SqFt)
7,502SqFt lot. Built 1961
Listed 2024-03-18, Taxes $5,270
Ⓧ USDA Ineligible
due to price & location

near Santa Monica

PRICE IMPROVEMENT!

For the first time, this 6-Unit Apartment Building with vast Owner's Unit is for sale north of Mntana Avenue in Santa Monica. This well-maintained property is in a desirable neighborhood steps away from the shops and restaurants on Montana Avenue and minutes from the beach.

The unit mix consists of four 2-bedrooms (three of which are town houses), one 1-bedroom and one 3-bedroom Owner's unit with private entrance, garage and bonus room in the basement. Feels like home!


Presented by Bill Dawson at
Sullivan-Dituri Co.Realtors.
Listing Agent Photo

Property MLS #24-369815 from TheMLSCLAW

Bedrooms: 12

Total Bathrooms: 11
Full Bathrooms: 11

Heating Features: Electric

Flooring: Laminate, Carpet

Carport Spaces: 5
Garage Spaces: 1
Garage Description: Carport, Garage
Parking Total: 6

Lot Size Acres: 0.1722222
Lot Size Source: Assessor
Lot Size Square Feet: 7502

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 6
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 1.75, 1 SquareFeet: 6000, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2600, 3 BedsTotal: 2, 3 BathsTotal: 1.5, 3 SquareFeet: 12000, 4 BedsTotal: 2, 4 BathsTotal: 1.5, 4 SquareFeet: 3400

Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.05
Directions: North of Montana on 9th Street - Santa Monica.
Source Property Type: Residential Income
Area: Santa Monica
Source Neighborhood: Santa Monica
Parcel Number: 4280-023-029
Postal Code Plus 4: 2855
Zoning: SMR2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$199,586 + $134,207
$333,793
$5,270
2021$195,673 + $131,576
$327,249
$5,104
2020$193,667 + $130,227
$323,894
$5,066
2019$189,870 + $127,674
$317,544
$5,021
2018$186,148 + $125,171
$311,319
$4,640
2017$182,499 + $122,717
$305,216
$4,573
2016$178,921 + $120,311
$299,232
$4,351
2015$176,234 + $118,504
$294,738
$4,301
2014$172,782 + $116,183
$288,965
$4,295
2013$172,002 + $115,658
$287,660
$4,258
2012$168,630 + $113,391
$282,021
$4,178
2010$165,324 + $111,168
$276,492
$3,984
2009$164,479 + $110,601
$275,080
$3,887
2009$164,089 + $110,338
$274,427
$3,887
2008$161,254 + $108,433
$269,687
$3,815
2007$158,093 + $106,307
$264,400
$3,844

Relisted 2024-07-02
$4,200,000
TheMLSCLAW
Listing removed 2024-07-01
$0
TheMLSCLAW
Price Changed 2024-05-14
$4,200,000
TheMLSCLAW
Listed 2024-03-18
$4,400,000
TheMLSCLAW
Sold 1968-01-05
$121,000
Public Record

Net Operating Income: 167621

Total Square Feet Living: 7250
Year Built: 1961
Levels: Two Level
Living Area Source: Assessor
Property Age: 63
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Assessor

Other Equipment: Refrigerator, Range/Oven, Dishwasher, Built-Ins

Roosevelt Elementary School is a public elementary school located approximately 0.1 miles away.
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Lincoln Middle School is a public middle school located approximately 0.6 miles away.
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Santa Monica High School is a public high school located approximately 1.5 miles away.
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Saint Monica Catholic High School is a private high school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.