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Multifamily

1738 9th St

1738 9th St, Santa Monica, CA 90404

Listing Price: $3,700,000

Cap Rate
5.04%
Number of Units
5
GRM
13.65
Occupancy
100.0%
Price/Unit
$740,000
Price/Gross SF
$819.31
Gross SF
4,516

Investment 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.

Investment Highlights

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

Exclusively Listed By

Multifamily

1738 9th St

Listing Price: $3,700,000

Cap Rate
5.04%
Number of Units
5
GRM
13.65
Occupancy
100.0%
Price/Unit
$740,000
Price/Gross SF
$819.31
Gross SF
4,516

Investment Highlights

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

Investment 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.

Exclusively Listed By

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