1850 9th St, Santa Monica, CA 90404 - View 1
1850 9th St, Santa Monica, CA 90404 - View 2
1850 9th St, Santa Monica, CA 90404 - View 3

1850 9th St, Santa Monica, CA 90404

Sale Price: $1,350,000
Jun 9, 20241,686 sqft3 beds3 baths
Listed by: D. Timothy Byrne
License #: 01186465
Phone #: 310-801-3442
Compass
Source:
CRMLS Logo
MLS #: 24399729

Property Description

Back on the Market - Owner User Opportunity (one unit to be delivered vacant) & A great value-added investment opportunity for an investor to acquire a double lot, 7 unit investment property (1856 9th street to be acquired separately) . This property is located in the Sunset Park neighborhood of Santa Monica, just 9 blocks from the beach. 9th Street is a beautiful tree lined street located one block from many shopping, entertainment and dining amenities. The main attraction of this property is the low density, park-like grounds, not typical in a dense urban area. 1850 9th St. consists of 3, one-bedroom, one-bathroom units and is situated on a large 7,232 sq. ft. lot, zoned R2. One of the one-bedroom units, with laundry, will be delivered vacant. The site has a large vacant area at the rear of the property. The value-add opportunity would be to add additional parking, build an ADU or combination thereof.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,829

TurboHome Estimated Value

$1,381,800

$820 sqft

High Valuation
$1,450,890
$861/sqft
Normal Valuation
$1,381,800
$820/sqft
Low Valuation
$1,312,710
$779/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$820/sqft$1,381,800

Neighborhood

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Comparative Value

$1.19M

$1.35M

$1.55M

$1.65M

$1.73M

821 Bay St A3, Santa Monica, CA 90405

Sale Price: $1,185,000

Selected Comparable

1850 9th St, Santa Monica, CA 90404

Sale Price: $1,350,000

Selected Comparable

1850 9th St, Santa Monica, CA 90404

List Price: $1,375,000

Subject Property

707 Grant St 13, Santa Monica, CA 90405

Sale Price: $1,550,000

Selected Comparable

1753 10th St, Santa Monica, CA 90404

Sale Price: $1,650,000

Selected Comparable

636 Bay St, Santa Monica, CA 90405

Sale Price: $1,730,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1850 9th St, Santa Monica, CA 90404

1850 9th St, Santa Monica, CA 90404

List: $1,375,000

Listed: 6/9/2024

Area:1,686 sqft
Price/sqft:$816
Beds:3
Baths:3
Year Built:
Lot Size:7,232

Comparable Properties

COMPARABLE
Choose comps
1850 9th St, Santa Monica, CA 90404

1850 9th St, Santa Monica, CA 90404

Sale: $1,350,000

2/28/20250.00 mi

Area:1,686 sqft
Price/sqft:$801
Beds:3
Baths:3
Year Built:
Weight:23.6%
707 Grant St 13, Santa Monica, CA 90405

707 Grant St 13, Santa Monica, CA 90405

Sale: $1,550,000

2/25/20250.18 mi

Area:1,500 sqft
Price/sqft:$1,033
Beds:3
Baths:3
Year Built:
Weight:21.4%
636 Bay St, Santa Monica, CA 90405

636 Bay St, Santa Monica, CA 90405

Sale: $1,730,000

2/24/20250.18 mi

Area:1,753 sqft
Price/sqft:$987
Beds:2
Baths:3
Year Built:
Weight:18.7%
821 Bay St A3, Santa Monica, CA 90405

821 Bay St A3, Santa Monica, CA 90405

Sale: $1,185,000

12/13/20240.10 mi

Area:1,480 sqft
Price/sqft:$801
Beds:3
Baths:2
Year Built:
Weight:18.4%
1753 10th St, Santa Monica, CA 90404

1753 10th St, Santa Monica, CA 90404

Sale: $1,650,000

3/21/20250.17 mi

Area:1,360 sqft
Price/sqft:$1,213
Beds:3
Baths:2
Year Built:
Weight:17.8%

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