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5353 Horizon DR Malibu CA 90265 MLS #26655063

1047 9th ST Santa Monica CA 90403 MLS #26666437

MLS #26666437 image #0
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.
Current real estate data for Single Family in Santa Monica as of Apr 17, 2026
518
Single Family Listed
90
Avg DOM
454
Avg $ / SqFt
$1,766,386
Avg List Price

Property Details

Price:
$2,795,000
MLS #:
26666437
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Neighborhood:
c14santamonica
Listed Date:
Mar 20, 2026
Finished Sq Ft:
1,900
Total Sq Ft:
1,900
Lot Size:
7,513 sqft / 0.17 acres (approx)
Year Built:
1923
BungalowC14 – Santa MonicaC14santamonicaTrees/woods

Schools

Interior

Appliances
RF
Flooring
TILE, WOOD
Laundry Features
DINC, WINC
Levels
A

Exterior

Architectural Style
BNG
Construction Materials
STC
Direction Faces
W
Parking Spots
6
Parking Total
6
Roof
CMP, SHN
Spa Features
NO
View
TW

Financial

Gross Operating Income
$154,476
Net Operating Income
$112,968

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Property Summary

    1047 9th ST Santa Monica CA is a Single Family for sale in Santa Monica, CA, 90403. It is listed for $2,795,000 and features 4 beds, 3 baths, and has approximately 1,900 square feet of living space, and was originally constructed in 1923. The current price per square foot is $1,471. The average price per square foot for Single Family listings in Santa Monica is $454. The average listing price for Single Family in Santa Monica is $1,766,386. To schedule a showing of MLS#26666437 at 1047 9th ST in Santa Monica, CA, contact your agent at 8189391841.

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1047 9th ST
Santa Monica, CA