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Renovated 7-Unit Apartment Building
For Sale
Contact for pricing
Pending

1753 9th St, Santa Monica, CA 90404

Two-story rental property with updated interiors, gated parking, in-unit laundry, and private patios or balconies.

Property SizeContact for details
Days on Market150

Property Features for 1753 9th St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Central Realty Advisors
Listed By: Elijah Korobkin · License #CA 02046001
Source: Crexi
Added: Apr 11 Changed: Sep 5 Last Checked: Sep 4 at 11:39AM

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 Central Realty Advisors

Investment Insights

Based on property information with market context.

This two-story apartment property contains seven units, including a four-bedroom-plus-den owner’s residence, one two-bedroom/one-bath apartment, three two-bedroom/two-bath apartments, and two three-bedroom/two-bath apartments. Constructed in 1987, the complex has been fully renovated with new flooring, central A/C, in-unit laundry, stainless steel appliances, updated cabinetry, Quartz countertops, and tiled backsplashes. Each residence includes a patio or balcony, while the property also offers secure entry, landscaped grounds, and 12 gated parking spaces.

The property is located in Santa Monica, one mile from the Santa Monica Pier and a four-minute drive from Santa Monica Place. The surrounding area also includes 3rd Street Promenade. Walk Score and Bike Score are 82 and 86, respectively. Unit 102 is rent restricted. Reported investment metrics include a 4.55% cap rate and 15.5 GRM.

Key Highlights

  • Seven‑unit apartment complex built in 1987
  • Unit mix includes one 4 Bed + Den owner’s unit, four 2 Bed units, and two 3 Bed units
  • Fully renovated interiors with central A/C, in‑unit laundry, and updated kitchens

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Pet Grooming Service Grocery & Convenience Store Butcher (Bike/Boat/Book/etc) Store Clothing & Fashion Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,689
Businesses Nearby

Demographics for 90404, CA

21,995
Population
11,499
Households
1.9
Avg Household Size
39
Median Age
59%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
10,998
Density / Sq Mi
$85,081
Median Household Income
$66,349
Median Earnings
$2,095
Median Rent
$1,159,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story rental property with updated interiors, gated parking, in-unit laundry, and private patios or balconies.
Where is this apartment building located?
The property is located at 1753 9th St Santa Monica, CA.
What are key features of this property?
This property features: Seven‑unit apartment complex built in 1987; Unit mix includes one 4 Bed + Den owner’s unit, four 2 Bed units, and two 3 Bed units; Fully renovated interiors with central A/C, in‑unit laundry, and updated kitchens
More about this property
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