725 9th Street Santa Monica, CA ^$ 4,400,000

725 9th Street

^$ 4,400,000

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725 9th Street

Santa Monica, CA, 90402

^$ 4,400,000

Bedrooms12 Baths11.0 Sq 7,250

Monthly Estimate*

^$ 30,735

Listed by Sullivan-Dituri Co.Realtors

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Multi-Family Home for sale in Santa Monica, CA

for $4,400,000 with 12 bedrooms and 11 full baths. This 7,250 square foot home was built in 1961 on a lot size of 0.1722.

For the first time, this 6-Unit Apartment Building with spacious Owner's Unit is for sale north of Montana 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 townhouses),one 1-bedroom, and one 3-bedroom Owner's unit with private entrance, garage and bonus room in the basement. Feels like home!

Multi-Family Active

Price

^$ 4,400,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1722

Year Built

1961

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

24369815

Days on Market

Features

General

Heating Electric

Cooling None

Appliances Dishwasher Refrigerator

Zoning SMR2*

Garage Spaces 1.0

Year Built 1961

Stories 2

Levels Two

Gross Income 255898.0

County Los Angeles

Net Operating Income 167621.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions North of Montana on 9th Street - Santa Monica.

City Santa Monica

View Y/N N

Senior Community Y/N N

Total Units 6

MLS Area C14 - Santa Monica

Lot Size Square Feet 7502.0

Private Pool N

Waterfront Y/N N

Carport Spaces 5.0

Carport Y/N Y

Street Name 9th

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Year Built Source Assessor

Cap Rate 3.81

Interior

Flooring Carpet Laminate

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Total Bedrooms 12

Electric On Property Y/N N

Total Baths 11

Exterior

Parking Features Carport Garage

Total Parking 6.0

Lot Size Area 7502.0

Number of Buildings 1

Spa N

Building Area Total 7250.0

Lot Size Acres 0.1722

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 725

* Excluded Features

List By

Sullivan-Dituri Co.Realtors

Broker

(310) 453-3341

Phone

Affordability Calculator

$30,735

Per Month

Monthly Principal & Interest: $30,735
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Santa Monica, CA

Average List Price ^$3,783,107

Percent of Sale Price 14%

About Santa Monica, CA

92,541 Population

10% Since 2002

^$89,894 Median Income

42.46 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/18/2024	$4,400,000		Listed Price

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725 9th Street, Santa Monica, CA, 90402 is a Multi-Family Home for sale at $4,400,000 with 7,250 sqft and a lot size of 0.1722. 725 9th Street has 12 bedrooms, 11.0 baths, and was built in 1961. The property's zip code is 90402 which is in Santa Monica, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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725 9th Street

Multi-Family Home for sale in Santa Monica, CA

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