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Turnkey Renovated Apartment Building
For Sale
$5,100,000

1217 9th St, Santa Monica, CA 90401

Completely renovated 13-unit studio building with A/C, SPC flooring, recessed lighting, and fire sprinklers.

Property Size4,770 SF
Days on Market192

Property Features for 1217 9th St

General Information

Standard status Active
Size 4,770 SF
Property subtype MULTI_FAMILY

Additional Details

Business Included Yes
Sprinkler System Yes
Multifamily Units 13

Building Details

Building Size 4,770 SF
Year Built 1924
Year Renovated 2022
Tenancy Multi
Listing Agency: Houze Real Estate Management
Listed By: Kelly Morgan · License #01898026
Source: Themalibulife
Added: Apr 12 Changed: Oct 7 Last Checked: Oct 19 at 5:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Houze Real Estate Management

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Investment Insights

Based on property information with market context.

1217 9th Street is a turnkey 13-unit apartment building with all-studio layouts. The property was completely renovated down to the studs in 2022 and features high-end finishes throughout. Updates include a new roof, new plumbing, and new electrical, along with modern unit and life-safety components such as A/C, SPC flooring, recessed lighting, fire sprinklers, and a fire monitoring system. Ten of the units include patios. Retrofit, asbestos, and lead abatement have been completed.

Showings are subject to an accepted offer. Please do not disturb the tenants.

Key Highlights

  • Completely renovated 13‑unit apartment building (all studio units) completed in 2022
  • New roof, new plumbing, and new electrical
  • Studios feature A/C, SPC flooring, and recessed lighting

Property Analytics

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Lease Details

13
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

9,915
Businesses Nearby

Demographics for 90401, CA

8,167
Population
5,782
Households
1.4
Avg Household Size
39
Median Age
76%
College-Educated
97%
High-School Grad
0.8 sq mi
ZIP Area
10,209
Density / Sq Mi
$106,704
Median Household Income
$98,906
Median Earnings
$2,549
Median Rent
$1,129,700
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Completely renovated 13-unit studio building with A/C, SPC flooring, recessed lighting, and fire sprinklers.
Where is this apartment building located?
The property is located at 1217 9th St Santa Monica, CA.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: Completely renovated 13‑unit apartment building (all studio units) completed in 2022; New roof, new plumbing, and new electrical; Studios feature A/C, SPC flooring, and recessed lighting
More about this property
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