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1118 9th StreetSanta Monica, CA 90403

For Sale

$3,400,000

Smart Buyer Rebate $34,000

$100k Price Adjustment. 1118 9th Street is a well-maintained, ten-unit apartment building in an A+ North of Wilshire Santa Monica location- less than a mile from the beach and walking distance to boutique shopping and everyday conveniences. Built in 1967 with a wood-frame and stucco construction, the property features an ideal mix of five one-bedroom/one-bath, one two-bedroom/one-and-a-half-bath, and four two-bedroom/two-bath units, appealing to a wide range of renters. Amenities include gated entry, on-site laundry, and on-premises parking, including a two-car garage plus eight additional spaces. With several units rented well below market, the property offers dependable long-term income growth through natural turnover and renovations- a rare opportunity to acquire an irreplaceable asset in one of Southern California's most coveted rental markets. Surrounded by vibrant neighborhood favorites including Father's Office, Fia, The Courtyard Kitchen, and morethis asset is also a short walk to Montana Avenue's upscale boutiques and cafs (like La La Land Kind, Primo Passo, and Le Caf de la Plage) and just steps from the iconic Third Street Promenade, offering an unmatched walkable lifestyle to restaurants, shops, and entertainment. First time on the market in 50 years.

Listed by Benjamin Lewin

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License #02040686

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Marcus & Millichap

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818-212-2659

Last updated January 27, 2026

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Source: CRMLS #25578645

Listing Facts

  • TypeMulti-family
  • NeighborhoodWilshire-Montana
  • Bedrooms16
  • Days on Prevu169
  • Size8,098 sqft
  • Price per sqft$420

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/27/2026
Price Decreased
$3,400,000
10/29/2025
Status changed to Active
$3,500,000
10/21/2025
Status changed to Removed from Feed
$3,500,000
10/18/2025
Status changed to Active
$3,500,000
10/16/2025
Status changed to Removed from Feed
$3,500,000
10/05/2025
Status changed to Active
$3,500,000
10/03/2025
Status changed to Removed from Feed
$3,500,000
09/21/2025
Status changed to Active
$3,500,000
09/19/2025
Status changed to Removed from Feed
$3,500,000
09/18/2025
Status changed to Active
$3,500,000
09/17/2025
Status changed to Removed from Feed
$3,500,000
09/12/2025
Status changed to Active
$3,500,000
09/06/2025
Status changed to Removed from Feed
$3,500,000
09/05/2025
Status changed to Active
$3,500,000
09/04/2025
Status changed to Removed from Feed
$3,500,000
08/14/2025
Listed by Marcus & Millichap
$3,500,000

Property Details for 1118 9th Street

Exterior

Construction

  • Number Of Units Total: 10
  • Stories: 2
  • Year Built: 1967

Measurements

  • Building Area Total: 8,098
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,520
  • Lot Size Square Feet: 7,520
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.5
  • Gross Income: $254,570.00

Taxes

  • Parcel Number: 4281035004

Interior

Measurements

  • Living Area: 8,098

Rooms

  • Bathrooms Total Integer: 16
  • Bedrooms Total: 16

Parking

Parking

  • Parking Features: Covered, Door-Multi, Garage
  • Parking Total: 10

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 16 bedrooms in this multi-family home at 1118 9th Street.

Does this multi-family home have parking?

Yes, there are 10 parking spaces available for 1118 9th Street.

How does 1118 9th Street compare to other multi-family homes in Wilshire-Montana?

This multi-family home is listed 10% below the average price for multi-family homes in Wilshire-Montana and has been on the market for 92 more days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 8,098 sqft.

1118 9th Street is a 16-bedroom multi-family home for sale in Santa Monica CA 90403. Listed on Prevu for 169 days at $3,400,000. This includes a recent price decrease of $100,000. This home features 8,098 square feet of living space, located in Wilshire-Montana. The median listing price for multi-family homes in this area is $1,999,500. Additional amenities include parking. Explore more multi-family home listings in Santa Monica.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.