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$2,795,000
Est. payment /mo
3 Beds
1,900 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,900 sqft
Price per Sqft $1,471
MLS Listing ID CL26666437
Bedrooms 3
HOA Y/N No
Year Built 1923
Lot Size 7,513 Sqft
Acres 0.17
Property Sub-Type OTHER
Property Description
Live in the heart of Santa Monica's coveted Wilshire Montana neighborhood while generating income from your own property. 1047 9th Street offers a rare owner-user opportunity to occupy one of three beautifully updated bungalows, each with private outdoor space, in-unit laundry, and dedicated parking with EV charging. Enjoy a walkable, Santa Monica lifestyle just steps from the iconic Montana Avenue's premier shopping, dining, and fitness, and a short stroll to the beach, an ideal blend of comfort, charm, and everyday convenience in one of Santa Monica's most desirable neighborhoods. Beyond the lifestyle appeal, this Mills Act-designated property provides significant property tax savings, enhancing cash flow and long-term financial performance. The three-unit compound is well-positioned for strong rental demand and low vacancy, with additional upside through the potential to add one to two two-bedroom units, projecting up to $120,000 in additional annual income. Combining historic character with modern amenities and future development potential, this is a unique opportunity to own a tax-advantaged, income-producing asset with both immediate returns and long-term growth. Drive-by only. Interior access provided with accepted offer. Please do not disturb tenants. Disclaimer: Images have been virtually staged.
Location
State CA
County Los Angeles
Zoning SMR2*
Interior
Flooring Tile, Wood
Fireplace No
Laundry Dryer, Washer
Exterior
Exterior Feature Front Yard
View Y/N true
View Trees/Woods
Total Parking Spaces 6
Building
Lot Description Other, Front Yard, Landscaped
New Construction No
Others
Tax ID 4281029014
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Listed by Donald Heller • Christie's International Real Estate SoCal


