Water Views
Address
1257 N 9th Street Santa Monica, CA
Price
$ 2,949,000
Property Attributes
  • MLS#20630996
  • TypeIncome
  • CountyLOS ANGELES
  • CitySanta Monica
  • AreaSanta Monica
  • Zip90401
  • StyleContemporary
  • Price$ 2,949,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
Sanda Alcalay with Rodeo Realty - Pacific Palisades.
Property Description

1031 EXCHANGE VALUE-ADD OPPORTUNITY! Located in picture perfect Santa Monica nine blocks to Palisades Park & the best ocean views around, 1257 9th Street is an outstanding Corner 5-Unit Investment Building Opportunity close to world class hospitals and the re-imagined Santa Monica Place with fine dining and amazing shopping experiences. This extraordinary opportunity corner property, with 2 out of 5 units totally remodeled in 2018, and 1-2 Bedroom unit with inside laundry, was brought up-to-date by the present Owners about 2 years ago. At present, this property, fully leased to tenants all current with their leases, is in a unique position because of its location, potential for increased income, to be a significant & unique addition to one's investment portfolio and/or a 1031 Exchange. Please download the Buyer's Brochure in MLS Doc Manager for full details on this outstanding investment property or request a copy by email from Listing Agent 1.

Price History
9/11/2020 Listed $2,995,000
10/14/2020 2% - $2,949,000

General Features

Accessibility None
Appliances Refrigerator, Gas Range
Architectural Style Contemporary
Carport Spaces 3.00
Directions in Santa Monica South of Wilshire Blvd, East of Lincoln Blvd, West of 10th St
Facing Direction West
Garage Spaces 1.00
Heating Baseboard, Wall Furnace
Levels Two
Listagentaor Beverly Hills/Greater LA
Listing Agent Sanda Alcalay - BRE#01007785
Listing Agent State License 01007785
MLS Area C14 - Santa Monica
Number of Units Leased 5
Parking Features Attached Carport
PropertyCondition Updated/Remodeled
Source System CRMLS
Spa Features None
Special Listing Conditions Standard
Total Units 5
View None
Zoning SMR3*

Interior Features

Appliances Y/N Yes
Fireplace Features None
Heating Y/N Yes
Laundry Features Community
Laundry Y/N Yes
Number of Wall ACs 2
Range Count 5
Refrigerator Count 5

Exterior Features

Lot Size Acres 0.1100
Lot Size Area 5002.0000
Lot Size Source Assessor
Lot Size Square Feet 5002.00
Lot Size Units Square Feet
Number of Buildings 1
Numberofrentedgarages 1
Parking Y/N Yes
Total Parking 4.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90401

Price
AVG $5.4M
$2.95M
Visits
AVG 19
52
Year Built
AVG 1967
1960
Walkscore
AVG 90
90
Data Provided by Walkscore ® not using MLS data

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