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1224 9th Street, Santa Monica, CA 90401

$2,600,000

$408 per ft²

10 Bed

10 Bath

6,380 Sq Ft

0.1721 Acres

Listing Office: Lyon Stahl Investment Real Estate, Inc.

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1224 9th St is a newly listed 10 unit multifamily opportunity in the heart of Santa Monica, positioned between Wilshire Blvd and Arizona Ave in one of the city's most walkable and supply-constrained residential corridors. The property consists of (10) 1 Bed/1 Bath units spread across approximately 6,380 square feet, situated on a 7,493 square foot lot zoned SMR3. Current rents average well below market, reflecting approximately 38% upside as units turn. The property is 90% occupied and features nine on-site parking spaces, four covered carport spaces in front and five in the rear accessed from the alley, a highly valuable amenity in a neighborhood where off-street parking is limited and consistently in demand. The property boasts a Walk Score and Rider's Score of 100 out of 100, placing residents within steps of Wilshire Blvd's dining, retail, and everyday conveniences, and just minutes from Downtown Santa Monica and the Pacific Ocean. Beyond rental upside, SB 1211 provides a pathway to organically grow income through ADU development without expanding the existing building footprint, creating a compelling additional value-add component. Together, these attributes position 1224 9th St as a rare opportunity to acquire a stable, income-producing asset in one of the Westside's most enduring coastal markets.

Listing Agent: William James

License Number: 01734419

Offered by: Lyon Stahl Investment Real Estate, Inc.

Office Phone: 310-425-9838

MLS: #26672391

California Regional MLS

Date Added: 04/07/2026 12:00:00 am

Last Update: 04/07/2026 10:42:44 pm

Days on Market: 3

Interior

Appliances: Refrigerator
A/C: true, Wall/Window Unit(s)
Heating: true, Wall Furnace
Fireplace: None

Exterior

General: None
Style: Mid-Century Modern
Other Structures: None
Pool: None
Parking: Attached Carport,Assigned, Parking spaces: 9

Construction

General: Stucco, 2

Location

Originating MLS: CRMLS_CL
County: Los Angeles

Lot

Zoning: SMR3*, 4282009005
View: City Lights, View

Financial

Source: CRMLS_CL

Property

Year Built: 1957
Type: Multi-Family
Style: Mid-Century Modern
Neighborhood: Mid-City
Parcel #: 4282009005

04/07/2026$2,600,000@ 408 per ft²Listed

04/07/2026Active

Listing Broker

Tade Keshishyan

1 @

License #: 02190628

Email: [email protected]

Phone: 8183592303

Location: CA

Last Updated: 04/07/2026 10:42:44 pm

Offered by: William James, 01734419, 310-600-9858 @ Lyon Stahl Investment Real Estate, Inc.

MLS: #26672391

Source: California Regional MLS

<IMG SRC='https://d37ukvrrv3in12.cloudfront.net/mls/logos/IDX_580_large.png' ALT='IDX'> 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.<BR><BR>The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by <A HREF='http://www.realtywatchsolutions.com/' TARGET='_blank'>RealtyWatch Solutions</A>. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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1224 9th Street, Santa Monica, CA 90401 is a 10 Bed, 10 Bath, 6,380 Sq Ft, 0.1721 Acres, Multi-Family built in 1957.

This property is currently available and was listed by California Regional MLS on 04/07/2026 12:00:00 am. The MLS # for the property is MLS #26672391.