1738 9th St | Santa Monica, CA 90404
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- LoopNet Team
1738 9th St
Santa Monica, CA 90404
6.5% CAP RATE · Build-to-Rent Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- 6.52% CAP RATE and 11 GRM
- Premiere Westside Location
- Extensively Renovated Interior & Exterior
- Two Brand New ADU’s (Townhomes)
- 88 Walk Score (Very Walkable)
PROPERTY FACTS
| No. Units | 5 | Total Plot Size | 0.19 ac |
| Property Type | Build-to-Rent | Property Size | 4,516 sq ft |
| Property Subtype | Apartment | No. Floors | 1 |
| Costar Property Class | B | Year Built | 2024 |
| Use Class | SMR2* | ||
| No. Units | 5 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Costar Property Class | B |
| Total Plot Size | 0.19 ac |
| Property Size | 4,516 sq ft |
| No. Floors | 1 |
| Year Built | 2024 |
| Use Class | SMR2* |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 3+2.5 | 2 | £6,750 | 903 |
| 1+1.5 | 1 | £3,725 | 903 |
| 1+1 | 1 | £3,248 | 903 |
| Studios | 1 | £3,123 | 903 |
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