1041 9th Street, Santa Monica, CA 90403
Property
Sold June 2026
Listing Agent: Kenneth Marker (DRE #00977263) · Listing Office: Rodeo Realty · Contact: 818-402-6254 · Bought with: Robert Sillman · Lyon Stahl Investment Real Estate, Inc. · MLS #SR26048580 · Source: CRMLS
How this sale compares
1041 9th Street sold for $3,900,000 in June 2026, 16% under its $4,650,000 list price, after 57 days on the market. It was first listed at $4,950,000. Across 97 closed sales in 90403 over the last 12 months, the median sold price is $1,755,100 and the median is $1,019 per square foot.
| Quarter | Closed sales in 90403 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $1,552,500 |
| Q2 2026 | 50 | $1,575,000 |
| Q3 2026 | 37 | $1,865,000 |
| Q4 2026 | 6 | $2,084,918 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Santa Monica · Homes for sale in 90403
Description
Price Improvement!! Trust Sale! Premier multifamily investment opportunity located in the highly sought-after city of Santa Monica, one of Southern California’s most stable and supply-constrained rental markets. The property is ideally positioned in a desirable residential neighborhood, just moments from Montana Avenue, Downtown Santa Monica, and Santa Monica Beach, offering exceptional proximity to employment centers, retail, dining, and lifestyle amenities. Santa Monica continues to demonstrate strong rental demand driven by its coastal location, affluent demographics, limited new housing development, and historically low vacancy rates. These market fundamentals provide investors with durable income stability, long-term appreciation potential, and a defensive investment profile. The property offers an attractive opportunity for both current income and future value enhancement, supported by consistent tenant demand and the long-term strength of the Santa Monica multifamily market. This asset is well-suited for investors seeking a high-quality coastal holding in a premier West Los Angeles submarket.
Listing description from the June 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 1041 9th Street
1014 9th Street 1: Sold $1,625,000 · 3 bd · 3 ba · 1,594 sqft · Jun 2026 · 0.1 mi
Compass | DRE #01975821
Buyer's agent: Molly Swing, Compass | DRE #02191478930 California Avenue 301: Sold $1,695,000 · 2 bd · 3 ba · 1,636 sqft · Oct 2026 · 0.1 mi
930 California Avenue 201: Sold $1,410,000 · 2 bd · 2 ba · 1,476 sqft · Aug 2026 · 0.1 mi
The Agency | DRE #01943147
Buyer's agent: Lindsay Guttman, The Agency | DRE #01901278806 Washington Avenue: Sold $1,485,000 · 2 bd · 3 ba · 1,568 sqft · Jun 2026 · 0.1 mi
The Condo Experts | DRE #01965604
Buyer's agent: Kathryn Conner, Pardee Properties | DRE #022218771043 11th Street 3: Sold $1,725,000 · 2 bd · 3 ba · 1,777 sqft · Oct 2026 · 0.2 mi
928 11th Street 2: Sold $1,865,000 · 3 bd · 3 ba · 1,719 sqft · Jul 2026 · 0.2 mi
Compass | DRE #01389034
Buyer's agent: David Gaeta, Nourmand & Associates-BW | DRE #02010436922 Lincoln Boulevard 2: Sold $1,250,000 · 2 bd · 3 ba · 1,224 sqft · Jun 2026 · 0.2 mi
Compass | DRE #02064070
Buyer's agent: Christine Markow, Coldwell Banker Realty | DRE #01955592914 Lincoln Boulevard 301: Sold $1,050,000 · 3 bd · 2 ba · 1,395 sqft · Jun 2026 · 0.2 mi
American Dream Realty, Inc. | DRE #01334233
Buyer's agent: Limor Carey, American Dream Realty, Inc. | DRE #01334233
Closed sales reported in 90403, nearest first, last 12 months. All recent sales in Santa Monica →