9th Street is a wonderful 10 unit apartment building located in the highly desirable Wilshire - Montana neighborhood of Santa Monica just north of Wilshire Blvd. An excellent unit mix of (80%) two bedrooms and large building foot print of over 10,300 SF (for 10 units) positions 9th Street to be able to potentially achieve excellent market rents post renovation. The strong in place income (17.52 GRM / 3.82% CAP on Current), future potential upside (12.61 GRM / 5.98% CAP at Market), and prime location surrounded by (restaurants, shops, landmarks, parks, schools, beaches, and hospitals) makes this stand out as a truly special offering. Santa Monica is a beachfront city in western Los Angeles County, California, United States. Situated bordered on three sides by the city of Pacific Palisades to the north, Brentwood on the northeast, West Los Angeles on the east, Mar Vista on the southeast, and Venice on the south. Due in part to an agreeable climate, Santa Monica became a famed resort town by the early 20th century. The city has experienced a boom since the late 1980s through the revitalization of its downtown core, significant job growth, and increased tourism. 3rd Street Promenade - .7 Miles away | St. John's Hospital - 1.4 Miles | Santa Monica College - 1.7 Miles | Silcon Beach / Expo Line
|Last Updated||4/23/2019||Year Built||1969|
|Community||C14 - Santa Monica||County||Los Angeles|
|AREA||C14 - Santa Monica|
|LOT||7475 sq ft|
|LOT DESCRIPTION||Park Nearby|
Contact us about this Property
|We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Keith Kyle to contact you even if your name is on a Federal or State "Do not call List".|
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from CARETS as of 5/26/19 2:31 PM PDT. The information being provided by CRMLS & CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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. Properties may or may not be listed by the office/agent presenting the information.
This IDX solution is (c) Diverse Solutions 2019.