Seller's Agent in 2020
Chase Simonton
RE/MAX
(310) 383-5927
5 in this area
84 Total Sales
Major Price Reduction! Asking $315,000/unit and 14.60 GRM. 1432 9th Street is located just blocks from the beach in a prime location of Santa Monica. Just South of Santa Monica Blvd and walking distance to local coffee shops and restaurants, the building boasts an incredible unit mix of (9) 1+1 and (1) 2+1 with laundry in the unit. The units have approximately 30% upside potential in rents and four of the units have laundry machines in the unit. The Sellers have replaced most of the plumbing with with copper, many of the windows have been replaced, and all units have hardwood flooring. Three units will be vacant, #5 ,#6, and #7 and the projected income shown is $2,100 for each. We also include $500/month in projected income for the 3 garages that will be vacated. All Offers are subject to interior inspections. PLEASE DO NOT DISTURB THE TENANTS!
Last Buyer's Agent
Chase Simonton
Keller Williams-Santa Monica License #01766871
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2020 11/06/20 | Sold | $2,960,000 | -6.0% | $690 / Sq Ft |
| 08/27/2020 08/27/20 | Pending | -- | -- | -- |
| 08/04/2020 08/04/20 | For Sale | $3,150,000 | 0.0% | $734 / Sq Ft |
| 07/28/2020 07/28/20 | Pending | -- | -- | -- |
| 07/14/2020 07/14/20 | Price Changed | $3,150,000 | -6.0% | $734 / Sq Ft |
| 05/27/2020 05/27/20 | For Sale | $3,350,000 | 0.0% | $781 / Sq Ft |
| 05/21/2020 05/21/20 | Pending | -- | -- | -- |
| 04/27/2020 04/27/20 | For Sale | $3,350,000 | -- | $781 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $38,002 | $3,203,997 | $2,242,798 | $961,199 |
| 2024 | $38,002 | $3,141,174 | $2,198,822 | $942,352 |
| 2023 | $37,404 | $3,079,583 | $2,155,708 | $923,875 |
| 2022 | $36,954 | $3,019,200 | $2,113,440 | $905,760 |
| 2021 | $36,063 | $2,960,000 | $2,072,000 | $888,000 |
| 2019 | $3,306 | $144,299 | $89,642 | $54,657 |
| 2018 | $3,042 | $141,500 | $87,885 | $53,615 |
| 2016 | $2,841 | $134,566 | $84,473 | $50,093 |
| 2015 | $2,805 | $132,546 | $83,205 | $49,341 |
| 2014 | $2,857 | $129,951 | $81,576 | $48,375 |
Seller's Agent in 2020
Chase Simonton
RE/MAX
(310) 383-5927
5 in this area
84 Total Sales
J
Seller Co-Listing Agent in 2020
Jason Flashman
Keller Williams Encino/Sherman Oaks
(310) 974-8033
5 Total Sales
Source: The MLS
MLS Number: 20-573786
Ask me questions while you tour the home.