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$2,650,000
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Property Description
1224 9th St is a newly listed 10 unit multifamily opportunity in the heart of Santa Monica, positioned between Wilshire Blvd and Arizona Ave in one of the city's most walkable and supply-constrained residential corridors. The property consists of (10) 1 Bed/1 Bath units spread across approximately 6,380 square feet, situated on a 7,493 square foot lot zoned SMR3. Current rents average well below market, reflecting approximately 38% upside as units turn. The property is 90% occupied and features nine on-site parking spaces, four covered carport spaces in front and five in the rear accessed from the alley, a highly valuable amenity in a neighborhood where off-street parking is limited and consistently in demand. The property boasts a Walk Score and Rider's Score of 100 out of 100, placing residents within steps of Wilshire Blvd's dining, retail, and everyday conveniences, and just minutes from Downtown Santa Monica and the Pacific Ocean. Beyond rental upside, SB 1211 provides a pathway to organically grow income through ADU development without expanding the existing building footprint, creating a compelling additional value-add component. Together, these attributes position 1224 9th St as a rare opportunity to acquire a stable, income-producing asset in one of the Westside's most enduring coastal markets.
Full Property Details
Full Property Details for 1224 9th St
General
- Sold For: $2,650,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26672391
- Added to Site: 98 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 10
Bedrooms
- Total Bedrooms: 10
Additional Information
- Pool Description: None
- Spa Description: None
- Security/Safety: Smoke Detector, Exterior Security Lights, Carbon Monoxide Detector(s)
- Other Features: None
Exterior
- Deck/Patio: None
Parking
- Covered Spaces: 4
- Garage Description: Assigned, Carport Attached
Location
- Area: Santa Monica
- County: Los Angeles
- Cross Streets: Wilshire Blvd & 9th Ave
- Driving Directions: Heading East on Wilshire Blvd, turn South on 9th Ave. The subject property is on the Westside of the street.
- Direction Faces: East
Heating & Cooling
- Cooling Type: Wall/Window
- Heating Type: Wall
Utilities
- Water: Public
Structural Information
- # Buildings: 1
- Architectural Style: Mid-Century
- Exterior Const.: Stucco
- Common Walls: Attached
- Entry Location: Ground Level w/steps
- Stories/Levels: 2
- Square Feet: 6,380
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1957
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 10
- Unit Type: 2106
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Property View: City
- Lot Size (Acres): 0.1721
- Lot Size: 7495
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 50 x 150
- Alley: Yes
- Lot Features: City
- Zoning: SMR3*
- Lot Description: Single Lot
Financial Considerations
- Price Per Sq. Ft.: $407.52
- Price Per Unit: 260000
- Assessment Year: 1957
- Owner Pays: Water, Gardener
- Tenant Pays: Gas, Electricity
Disclosures and Reports
- Disclosures/Reports: None
- APN: 4282-009-005
Listed and Sold by Lyon Stahl Investment Real Estate, Inc., William James and Lyon Stahl Investment Real Estate, Inc., Peter James
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Schools
Schools serving 1224 9th St
School District:Santa Monica-Malibu Unified School District
| Name | Grades | Distance |
|---|---|---|
Roosevelt Elementary School, Santa Monica, CA 801 Montana Ave., Santa Monica, CA 90403 | K-5 | 0.6 mi |
Lincoln Middle School, Santa Monica, CA 1501 CA Ave., Santa Monica, CA 90403 | 6-8 | 0.5 mi |
Santa Monica High School 601 Pico Boulevard, Santa Monica, CA 90405 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1224 9th St
Date
Details
Price
Change
Source
7/08/2026
Sold
$2,650,000
1.92%
MLS
4/07/2026
Listed
$2,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1224 9th St, Santa Monica, CA 90401 (MLS# 26672391) is a Multi-Family property that was sold at $2,650,000 on July 08, 2026. Want to learn more about 1224 9th St? Do you have questions about finding other Multi-Family real estate for sale in Santa Monica? You can browse all Santa Monica real estate or contact a Coldwell Banker agent to request more information.

