$2,795,000
1047 9th Street, Santa Monica CA 90403
Multi-Family (3 Units)
Property type
77 days
On market
$1,471
Price per sqft
N/A
Garage
1923
Year built
7,513 sqft
Lot size
Home highlights
Open Houses
Overview
Live in the heart of Santa Monica's coveted Wilshire Montana neighborhood while generating income from your own property. 1047 9th Street offers a rare owner-user opportunity to occupy one of three beautifully updated bungalows, each with private outdoor space, in-unit laundry, and dedicated parking with EV charging. Enjoy a walkable, Santa Monica lifestyle just steps from the...
Listing provided by: Donald Heller DRE #01198240 424-655-3867, Christie's International Real Estate SoCal, Bjorn Farrugia DRE #01864250 310-998-7175, Carolwood Estates
Listing updated: May 12, 2026 at 07:58pm.
Last checked: Jun 4, 2026 at 07:00am
Source: CRMLS #26666437
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 1 | 1 | — | $3,800 | $3,800 | $4,000 | Unfurnished |
| 1 | 2 | 1 | — | $5,273 | $5,273 | $5,431 | Unfurnished |
# of Buildings: 3
# of Units Total: 3
Refrigerator: 3
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
18.1x
List Price / Annual Gross Rent
Cap Rate
4.17%
NOI / List Price
Net Operating Income: $112,968
Interior
Flooring: Tile, Wood
Appliances: Refrigerator, Dryer, Washer
Fireplace: None
Laundry: Dryer Included, Washer Included
Exterior
Architectural Style: Bungalow
Stories Total: 0
Levels: One
Roof: Composition, Shingle
Foundation: Raised
Construction Materials: Stucco
Property Condition: Updated Remodeled
Direction Faces: West
Lot Features: Front Yard, Lawn, Landscaped, Yard
Pool: None
Spa: None
Sewer: Other
View: Trees Woods
Garage and Parking
Parking: Private, Uncovered
Garage: Detached
Uncovered Spaces: 6
Parking Total: 6
Lot Information
Land Lease: No
Parcel #: 4281029014
Zoning: SMR2*
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1047 9th Street, Santa Monica, CA 90403. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,236,000
Total Interest
$2,851,895
Total Payment
$5,087,895
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$17,194
per month
Property History for 1047 9th Street
Santa Monica Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90403.
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