3
Baths
1,900 Sq. Ft.
$1,471 / Sq. Ft.
1,900
Sq. Ft.
$1,471
per Sq. Ft.

Description

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 iconic Montana Avenue's premier shopping, dining, and fitness, and a short stroll to the beach, an ideal blend of comfort,...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 iconic Montana Avenue's premier shopping, dining, and fitness, and a short stroll to the beach, an ideal blend of comfort, charm, and everyday convenience in one of Santa Monica's most desirable neighborhoods. Beyond the lifestyle appeal, this Mills Act-designated property provides significant property tax savings, enhancing cash flow and long-term financial performance. The three-unit compound is well-positioned for strong rental demand and low vacancy, with additional upside through the potential to add one to two two-bedroom units, projecting up to $120,000 in additional annual income. Combining historic character with modern amenities and future development potential, this is a unique opportunity to own a tax-advantaged, income-producing asset with both immediate returns and long-term growth. Drive-by only. Interior access provided with accepted offer. Please do not disturb tenants. Disclaimer: Images have been virtually staged.
  1. Listed by Donald Heller • DRE #01198240 • Brokerage DRE #00824452 • Christie's International Real Estate SoCal
  2. Listed by Bjorn Farrugia • DRE #01864250 • Brokerage DRE #01013548 • Carolwood Estates

Property Details for 1047 9th Street

Water Front
None
Zoning
SMR2*
Style
Bungalow
Parcel Number
4281029014
Total Units
3.0
Living Area
1900
Source Living Area
Vendor Enhanced
Area
Santa Monica (C14)
LISTING UPDATED: 04/03/2026 02:46 PM

Property Details for 1047 9th Street

StatusActive
MLS #26666437
Days on Market53
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.17 AC / 7,513 SF
CountyLos Angeles County

Location

Listing Courtesy of Christie's International Real Estate SoCal, Donald Heller, DRE #01198240; Carolwood Estates, Bjorn Farrugia, DRE #01864250
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Building Information for 1047 9th Street

Stories-Residences-Year Built1923Building Size-Lot Size0.17 AC / 7,513 SF

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$15,076 per month

30 year fixed, 6.46% Interest

Principal and Interest

$14,074

Property Taxes

$1,002

HOA Dues

$0

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Property Information for 1047 9th Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
  • Management Company Name: Molloy Management
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 3
  • Type Of Units: 3 Bungalows
  • View: Yes
  • View Description: Trees/Woods
  • View: Trees/Woods
  • Security Features: None
  • Direction Faces: West
  • Property Condition: Updated/Remodeled
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Disclosures: Historical, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $154,476
  • Net Operating Income: $112,967.50
  • Gross Income: $154,476
  • Cap Rate: 4.17%
  • Gross Rent Multiplier: $18.00
  • Total Annual Expense: 37838.23
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1725
  • Lot Size Square Feet: 7513
  • Lot Features: Landscaped, Front Yard, Lawn, Yard
  • Lot Description: Front Yard, Lawn, Landscaped, Sidewalks, Yard
Parking Details
Parking Details
  • Parking Garage: Detached, Uncovered, Private
  • Total Parking: 6
  • Open Other Spaces Total: 6
  • Parking Features: Private, Uncovered
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall Unit(s)
  • Cooling Type: Wall Unit(s)
  • Heating: Floor
  • Heating Type: Floor
  • Flooring: Mixed, Tile, Hardwood
  • Equipment: Refrigerator, Washer, Dryer, Range/Oven
  • Cooking Appliances: Free Standing Gas
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Roof: Composition, Shingle
  • Sprinklers: Sprinkler Timer
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Foundation Details: Raised
  • Other Structural Features: Historical
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-20-2026
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,800.00
  • Unit Actual Rent: $3,800.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $5,273.00
  • Unit Actual Rent: $5,273.00
  • Unit Projected Rent: $5,431.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $174,000.00
  • Assessed Improvement Percent: 15.88
  • Assessed Land Value: $922,000.00
  • Assessed Land Percent: 84.12
  • Assessed Total Value: $1,096,000.00

Property History for 1047 9th Street

DateEvent & SourcePriceAppreciation
Mar 18, 2026

Listed (Active)

CLAW #26666437

$2,795,000
Mar 18, 2026

Listed (Active)

CRMLS #26666437

$2,795,000
Dec 18, 2025

Expired

CRMLS #25582909

DateEvent & SourcePrice
03/18/2026

Listed (Active)

CLAW #26666437

$2,795,000
03/18/2026

Listed (Active)

CRMLS #26666437

$2,795,000
12/18/2025

Expired

CRMLS #25582909

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1047 9th Street

Taxable ValueLand$922,000Additions$174,000Total$1,096,000
Tax Record2025$12,022 ($1,002 / month)
Home Facts
Total Finished SqFt1,900 SqFtAbove Grade Finished SqFt1,900 SqFtLot Size7,510 SqFtStyleTriplexYear Built1923ZoningSMR2*CountyLOS ANGELESAPN4281-029-014

Schools near 1047 9th Street

This home is within Santa Monica-Malibu Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Roosevelt Elementary School
PublicK to 5

Lincoln Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Olympic High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Santa Monica
Santa Monica
The coastal city of Santa Monica is a living postcard. This seaside city is named after Saint Monica, the mother of Saint Augustine, but the reason why remains undetermined. One telling says it was named by explorer Gaspar de Portolà, who camped there in 1769 and named it in honor of the feast day...

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1047 9th Street is a multi-family home for sale in Santa Monica, CA 90403. This property was listed for sale on March 18, 2026 by Christie's International Real Estate SoCal, it's currently listed at $2,795,000. It has been on the market for a total of 53 days and was last sold on November 25, 2013. This listing's school district is Santa Monica-Malibu Unified School District. Nearby schools include Roosevelt Elementary School, Lincoln Middle School and Santa Monica High School. 1047 9th Street is a 4-bed, 3-bath, 1,900 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Christie's International Real Estate SoCal, Donald Heller, DRE #01198240; Carolwood Estates, Bjorn Farrugia, DRE #01864250

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.