1856 9th St, Santa Monica, CA 90404 - View 1
1856 9th St, Santa Monica, CA 90404 - View 2
1856 9th St, Santa Monica, CA 90404 - View 3

1856 9th St, Santa Monica, CA 90404

Sale Price: $1,550,000
Jun 10, 20242,568 sqft6 beds4 baths
Listed by: D. Timothy Byrne
License #: 01186465
Phone #: 310-801-3442
Compass
Source:
CRMLS Logo
MLS #: 24399999

Property Description

Back on the Market - One Unit will be Delivered Vacant - 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. This is a great value-added investment opportunity for an owner-user or an investor to acquire a double lot, 7 unit investment property (1850 9th street to be acquired separately) . 1856 9th St. consists of a 4 plex with the following unit mix 2, one-bedroom, one-bathroom units and 2, two bedroom, one bath units there is a two car garage that is attached to the rear unit. These units are situated on a large 7,283 sq. ft. lot, zoned R2. The value-add opportunity would be to acquire the adjacent property 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

$18,207

TurboHome Estimated Value

$1,481,900

$577 sqft

High Valuation
$1,555,995
$606/sqft
Normal Valuation
$1,481,900
$577/sqft
Low Valuation
$1,407,805
$548/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$577/sqft$1,481,900

Neighborhood

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Comparative Value

$1.55M

$1.60M

$1.73M

$1.80M

$2.05M

1856 9th St, Santa Monica, CA 90404

Sale Price: $1,550,000

Selected Comparable

709 Vernon Ave, Venice, CA 90291

Sale Price: $1,600,000

Selected Comparable

2121 Stewart St, Santa Monica, CA 90404

Sale Price: $1,732,500

Selected Comparable

1856 9th St, Santa Monica, CA 90404

List Price: $1,750,000

Subject Property

1246 Chelsea Ave, Santa Monica, CA 90404

Sale Price: $1,800,000

Selected Comparable

1027 12th St, Santa Monica, CA 90403

Sale Price: $2,050,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1856 9th St, Santa Monica, CA 90404

1856 9th St, Santa Monica, CA 90404

List: $1,750,000

Listed: 6/10/2024

Area:2,568 sqft
Price/sqft:$681
Beds:6
Baths:4
Year Built:
Lot Size:7,283

Comparable Properties

COMPARABLE
Choose comps
1856 9th St, Santa Monica, CA 90404

1856 9th St, Santa Monica, CA 90404

Sale: $1,550,000

2/14/20250.00 mi

Area:2,568 sqft
Price/sqft:$604
Beds:6
Baths:4
Year Built:
Weight:28.2%
2121 Stewart St, Santa Monica, CA 90404

2121 Stewart St, Santa Monica, CA 90404

Sale: $1,732,500

4/6/20251.49 mi

Area:2,544 sqft
Price/sqft:$681
Beds:5
Baths:4
Year Built:
Weight:20.3%
1246 Chelsea Ave, Santa Monica, CA 90404

1246 Chelsea Ave, Santa Monica, CA 90404

Sale: $1,800,000

5/22/20251.43 mi

Area:2,566 sqft
Price/sqft:$701
Beds:5
Baths:5
Year Built:
Weight:18.3%
709 Vernon Ave, Venice, CA 90291

709 Vernon Ave, Venice, CA 90291

Sale: $1,600,000

9/4/20241.34 mi

Area:2,300 sqft
Price/sqft:$696
Beds:5
Baths:4
Year Built:
Weight:17.4%
1027 12th St, Santa Monica, CA 90403

1027 12th St, Santa Monica, CA 90403

Sale: $2,050,000

7/9/20251.15 mi

Area:3,095 sqft
Price/sqft:$662
Beds:5
Baths:5
Year Built:
Weight:15.8%

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