1738 9th St - Apartments FOR SALE


Santa Monica, CA 90404
$3,700,000 USD
707-225-2402
1738 9th St, Santa Monica, CA for Sale
$3,700,000 USD
Apartments - FOR SALE
1/8
null | 5.04% Cap Rate

1738 9th St
Santa Monica, CA 90404


HIGHLIGHTS

  • Extensively Renovated Interior & Exterior
  • Two Brand New ADU’s (Townhomes)
  • Premiere Westside Location
  • 88 Walk Score (Very Walkable)

OVERVIEW

The Weir Group is pleased to present our newest exclusive listing in Santa Monica. This 5 unit property is EXTENSIVELY renovated both on the interiors and exterior. The three charming units in the front have been extensively renovated with new quartz and custom tile kitchens, stainless steel appliances, tiled bathrooms, and new flooring throughout. The back two XXL Townhomes are brand new construction boasting large three bedroom floorplans. The building is solar powered, includes private patios and private balconies with mountain views, and has washer and dryer hookups. Additionally there are a total 11 parking spots which consist of 4 garage spots, 4 partially covered parking spots, and 3 spots in front of the garages. Tenants in the front three units have access to their own private fenced backyards. The property is located on a quite cul de sac boasting an 88 WalkScore and is minutes from Santa Monica Pier and all that the vibrant city has to offer. The property is located just north of Lincoln Blvd and the 10 Freeway giving tenants easy access for commutes and maneuvering around the city. For an investor looking to clip coupons and enjoy a cash flowing asset in a growing area, look no further. For more information, please reach out to the listing agent.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$1,233 USD /SF

# OF UNITS

5

PRICE/UNIT

$740,000

CAP RATE

5.04%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

-

APN/PARCEL ID

4283-019-025

ASK ABOUT THIS PROPERTY

Jonathan WeirWeir Group with Marcus and Millichap.More Info
707-225-2402

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Jonathan WeirWeir Group with Marcus and Millichap.More Info
707-225-2402

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.