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1860 9th St
Santa Monica, CA 90404
Multifamily Property For Sale
·
15 Units
Investment Highlights
- Prime Santa Monica Location
- Assumable Interest Only $1.785m Loan at a Very Attractive 3.08% Interest Rate with Seven (7) Years Remaining - Seller May Carry
- Just One (1) Mile from Santa Monica Pier
- Rare, Mid-Size Asset | 15-Unit Building With No Resident Property Manager Requirement
- Eight (8) Garage Parking Spots Available | Three (3) Covered Carports with Storage Spaces Above | Seven (7) Uncovered Interior Parking Spaces
- Will Be Delivered with Two (2) Vacant Units
Property Facts
| No. Units | 15 | Building Size | 11,456 SF |
| Property Type | Multifamily | Average Occupancy | 87% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1955 |
| Building Class | C | Parking Ratio | 1.07/1,000 SF |
| Lot Size | 0.33 AC | ||
| Zoning | R2A-R2, Santa Monica | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 11,456 SF |
| Average Occupancy | 87% |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 1.07/1,000 SF |
| Zoning | R2A-R2, Santa Monica |
Amenities
Unit Amenities
- Balcony
- Storage Space
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,416 | 764 |
| 2+1.5 | 14 | $2,714 | 764 |
Property Taxes
| Parcel Number | 4283-020-040 | Improvements Assessment | $1,393,912 |
| Land Assessment | $3,066,612 | Total Assessment | $4,460,524 |
Property Taxes
Parcel Number
4283-020-040
Land Assessment
$3,066,612
Improvements Assessment
$1,393,912
Total Assessment
$4,460,524
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