Back on the Market! Just 9 Blocks from the Beach!
An exceptional investment opportunity awaits with this value-added property in Santa Monica’s desirable Sunset Park neighborhood. Located on a double lot totaling 14,515 sq. ft., this 7-unit complex offers flexibility for both investors and owner-users. The two properties—1850 9th Street with 3 units and 1856 9th Street with 4 units—are available for acquisition separately, with two units delivered vacant for immediate use.
The location is ideal, on a charming, tree-lined street just one block from an array of shopping, dining, and entertainment options, and a mere 9 blocks from the beach. The grounds feature lush, park-like landscaping that is rare to find in this urban area, providing a peaceful retreat for residents.
Property Highlights:
1850 9th Street: Situated on a 7,232 sq. ft. lot, this building includes three 1-bedroom, 1-bathroom units. Zoned R2.
Value Add Opportunity - Owner Occupied Exemption (triplex)
1856 9th Street: Located on a 7,283 sq. ft. lot, this 4-plex includes two 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units, with the rear 2-bedroom unit featuring an attached garage.
Immediate Occupancy: One 1-bedroom unit from each property will be delivered vacant, allowing for owner-occupancy or lease-up flexibility.
Expansion Potential: Large, open area at the rear of the property provides ample room for additional parking, ADU construction, or other enhancements.
This property offers a rare combination of beachside proximity, low-density, and expansion potential in one of Santa Monica’s most desirable neighborhoods. Don’t miss out on this unique investment opportunity!