$2,795,000
About this home
Live in the heart of Santa Monica's coveted Wilshire Montana neighborhood while generating income from your own property. 1047 9th Street offers a rare owner-user opportunity to occupy one of three beautifully updated bungalows, each with private outdoor space, in-unit laundry, and dedicated parking with EV charging. Enjoy a walkable, Santa Monica lifestyle just steps from the iconic Montana Avenue's premier shopping, dining, and fitness, and a short stroll to the beach, an ideal blend of comfort, charm, and everyday convenience in one of Santa Monica's most desirable neighborhoods. Beyond the lifestyle appeal, this Mills Act-designated property provides significant property tax savings, enhancing cash flow and long-term financial performance. The three-unit compound is well-positioned for strong rental demand and low vacancy, with additional upside through the potential to add one to two two-bedroom units, projecting up to $120,000 in additional annual income. Combining historic character with modern amenities and future development potential, this is a unique opportunity to own a tax-advantaged, income-producing asset with both immediate returns and long-term growth. Drive-by only. Interior access provided with accepted offer. Please do not disturb tenants. Disclaimer: Images have been virtually staged.
Facts & features
- Bedrooms
- 4
- Bathrooms
- 0 full, 0 half
- Living area
- 1,900 sq ft
- Appliances
- Refrigerator, Dryer, Washer
- Flooring
- Tile, Wood
- Fireplace
- None
- Levels
- One
- Spa
- None
- Lot size
- 0.173 acres (7,513 sq ft)
- Pool
- None
- View
- Trees Woods
- Architectural style
- Bungalow
- Year built
- 1923
- Parking
- Private, Uncovered
- Parking spaces
- 6
- Area
- C 14 - Santa Monica
- County
- Los Angeles
- Status
- Active
- Property type
- Residential Income
- Days on market
- 55
- Listed
- 2026-03-18
- Parcel #
- 4281029014
- MLS #
- 26666437
