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Image 1 - 9th Court, Santa Monica, CA 90401, USA - House for sale
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Home For Sale In Santa Monica, California
9th Court, Santa Monica, CA 90401, USA

Home For Sale In Santa Monica, California

house for sale
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Listed: 05/07/24

9th Court, Santa Monica, CA 90401, USA

14 Bed:
8 Bath:
6,004 Sq Ft Living Area:
Save
Price
$ 3,5M

About This House

Just reduced by $500k. Large two story, six units Building, well maintained, with tremendous cash flow , 10 blocks from Santa Monica Beachand Pier, 3rd St promenade and Maine street restaurants and shops. The property includes 2( 3bed+2 bath) units and 4 ( 2BED +1BATH ) units. 4 units have inside owner's stackable washer and dryer and A/C- wall units. The building features an additional community laundry room. 9 parking spaces ( 4 tandem spaces + 1 space , including 5 carports spaces). Property is fully tenant occupied. Inside entry with an accepted offer , do not disturb tenants. One unit well below market rent/ major future rent increase potential. Rent roll and estimated financial sheet is in attached MLS documents. Space to Potentially build ADUS and increase the property cash flow in the rear of the property . make an offer or call agent for more info .

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Santa Monica Housing & Living

Average sale prices for houses

2 bed
3 bed
Show as List Show as Graph
In May 2024, the asking price for 2 bed houses for sale in/near Santa Monica, United States averaged $1,722,333, an increase of 0.4% from the previous month.
Median price trends for properties for sale in Santa Monica, United States as of May 2024.

Household Income

Median household income: $86,084
Number of households: 46,358
The average household income in Santa Monica, CA grew from $82,123 to $86,084 in the past year. This data is an estimate based upon 46,358 households in Santa Monica, CA.
The chart below presents how household income is distributed in Santa Monica, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Santa Monica, CA compared to median property taxes around the country. The prevalent amount of property taxes in Santa Monica, CA equals $3k+ , which is more than the national average.