NOT LISTED FOR SALE

1333 9th St Santa Monica, CA 90401

Mid-City Santa Monica Neighborhood
15 Beds
10 Baths
7,660 Sq Ft
7,510 Sq Ft Lot

Last Sold August 30, 2016

Last sale price $3,875,000 $506 Per Sq Ft

111 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Ceramic Countertops
  • Roosevelt Elementary School Rated A+
  • Balcony
  • Attached Carport

About This Home

As of August 2016

Probate sale, Court has been scheduled for July 27th, ALL CASH BIDDERS WELCOME! Prime Santa Monica 10 Unit Apartment Building, Excellent Condition & Amazing Location! This Prize Property is Located 1 Block North of Santa Monica Blvd., 9 Blocks to the Beach, 6 Blocks to the 3rd Street Promenade, 2 Blocks to the New Santa Monica Expo Train Line, 1 Block to the Santa Monica Performing Arts Center, Close to Santa Monica College (SMC), and nearby Trendy Restaurants & Shopping! This Property is a MUST SEE! The building features (3) 2Br 2Ba, (1) 2Br 1Ba, and (6) 1Br 1Ba Units, the units feature open floor plans w/balconies. Each unit has 1 covered parking space w/storage area.Laundry room provides additional monthly income. Recently Painted, and Very Well Maintained. All units are separated metered, some units recently updated. Additional upside in potential future rents.The building is 100% fully occupied earning Over $182,669 in Annual Income W/Laundry Income Included.

Last Agent to Sell the Property

Heather Paul

Expert 1 Realty License #01475055 Listed on: 02/26/2016

Last Buyer's Agent

David Putnam

Berkshire Hathaway HomeServices California Properties License #01036004

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 7,510

Home Design

  • 7,660 Sq Ft Home
  • Traditional Architecture
  • Composition Roof
  • Stucco

Kitchen

  • Oven or Range
  • Ceramic Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 10 Bathrooms

Parking

  • 10 Parking Spaces
  • Attached Carport

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Sewer in Street

Additional Features

  • Balcony
  • 7,510 Sq Ft Lot

Community Details

  • 10 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 4282-011-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1965 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Probate sale, Court has been scheduled for July 27th, ALL CASH BIDDERS WELCOME! Prime Santa Monica 10 Unit Apartment Building, Excellent Condition & Amazing Location! This Prize Property is Located 1 Block North of Santa Monica Blvd., 9 Blocks to the Beach, 6 Blocks to the 3rd Street Promenade, 2 Blocks to the New Santa Monica Expo Train Line, 1 Block to the Santa Monica Performing Arts Center, Close to Santa Monica College (SMC), and nearby Trendy Restaurants & Shopping! This Property is a MUST SEE! The building features (3) 2Br 2Ba, (1) 2Br 1Ba, and (6) 1Br 1Ba Units, the units feature open floor plans w/balconies. Each unit has 1 covered parking space w/storage area.Laundry room provides additional monthly income. Recently Painted, and Very Well Maintained. All units are separated metered, some units recently updated. Additional upside in potential future rents.The building is 100% fully occupied earning Over $182,669 in Annual Income W/Laundry Income Included. Probate sale, court confirmation required.
  • Alley: Yes
  • Entry Location: Main Level
  • Living Area: 7660
  • Probate: Yes
  • Property Condition: Updated/Remodeled
  • Year Built: 1965
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Bedrooms: 15
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Ceramic Counters, Tile Counters
  • Laundry: Community
  • Total Bathrooms: 10.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 505.87

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Patio: Balcony
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Carport Attached
  • Total Parking: 10

Utilities

  • Heating: Wall
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Value: 369534
  • Assessed Land Value: 461925
  • Assessor Parcel Number: 4282-011-021
  • Geocode Override: No
  • Lot Size Area: 7510

Rental Info

  • Court Approve: Yes
  • Total Actual Rent: 182669.00
  • Land Lease Type: Fee
  • Monthly Gross Income: 15154.00
  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 27.00
  • Number Of Units: 10
  • Rent Control: 100
  • Total Annual Expense: 5000
  • Type Of Units: Garden Style
  • Vacancy Allow Percent: 0.00
  • Vacancy Rate: 0

Tax Info

  • Mello Roos: Unknown

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2016 08/30/16 Sold $3,875,000 0.0% $506 / Sq Ft
08/01/2016 08/01/16 Price Changed $3,875,000 -4.8% $506 / Sq Ft
06/16/2016 06/16/16 Pending -- -- --
06/16/2016 06/16/16 Price Changed $4,069,250 +5.0% $531 / Sq Ft
06/07/2016 06/07/16 Price Changed $3,875,000 -1.1% $506 / Sq Ft
05/13/2016 05/13/16 Price Changed $3,917,500 -20.5% $511 / Sq Ft
02/26/2016 02/26/16 For Sale $4,925,000 -- $643 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Heather Paul

    Seller's Agent in 2016

    Heather Paul

    Expert 1 Realty

    (951) 474-6268

    3 Total Sales

    Heather Paul
    Section Image
  • David Putnam

    Buyer's Agent in 2016

    David Putnam

    Berkshire Hathaway HomeServices California Properties

    (310) 890-7438

    15 Total Sales

    David Putnam
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 16-100662

The MLS
California Los Angeles County Santa Monica 90401 Mid-City Santa Monica

1333 9th St, Santa Monica, CA

This home is located at 1333 9th St, Santa Monica, CA 90401 since 26 February 2016. This property was built in 1965. 1333 9th St is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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