1041 9th Street, Santa Monica, California 90403, Santa Monica, 90403 - 0 bed, 0 bath
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Santa Monica, California 90403
Analysis of 1041 9th Street, Santa Monica, California 90403 is currently available with a list price of $4,650,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
The property is move-in ready and well-maintained. Interior photos show significant updates including modern wood-look flooring, fresh paint, and updated kitchens with stainless steel appliances and contemporary faucets. While the building was constructed in 1970, the units have been refreshed to meet current rental market standards with minimal signs of wear.
Elementary School: Franklin Elementary School (9/10).
Situated in a highly desirable Santa Monica neighborhood near Montana Avenue and the beach, offering tenants unparalleled access to premium retail, dining, and lifestyle amenities.
The property is served by top-rated public schools, including Franklin Elementary (9/10) and Lincoln Middle (8/10), significantly increasing its appeal to high-quality, long-term tenants.
Built in 1970, the property may require significant capital expenditures for modernizing systems or aesthetic upgrades to remain competitive with newer multifamily developments.
A recent $300,000 price reduction from the original listing price suggests the initial valuation may have been aggressive relative to current market demand or property condition.
Price Improvement!! Trust Sale! Premier multifamily investment opportunity located in the highly sought-after city of Santa Monica, one of Southern California’s most stable and supply-constrained rental markets. The property is ideally positioned in a desirable residential neighborhood, just moments from Montana Avenue, Downtown Santa Monica, and Santa Monica Beach, offering exceptional proximity to employment centers, retail, dining, and lifestyle amenities. Santa Monica continues to demonstrate strong rental demand driven by its coastal location, affluent demographics, limited new housing development, and historically low vacancy rates. These market fundamentals provide investors with durable income stability, long-term appreciation potential, and a defensive investment profile. The property offers an attractive opportunity for both current income and future value enhancement, supported by consistent tenant demand and the long-term strength of the Santa Monica multifamily market. This asset is well-suited for investors seeking a high-quality coastal holding in a premier West Los Angeles submarket.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades PK-5 • 1.2 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1970 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 25, 2026
$4,650,000
$4,950,000
-6% Price Drop
Initial Listing
Mar 5, 2026
$4,950,000
Initial Listing
Dec 1, 1995
$875,000
Public Record