1224 9th Street, Santa Monica, CA 90401
Property
Sold July 2026
Listing Agent: William James (DRE #01734419) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Peter James · Lyon Stahl Investment Real Estate, Inc. · MLS #26672391 · Source: CRMLS
How this sale compares
1224 9th Street sold for $2,650,000 in July 2026, 1.9% over its $2,600,000 list price, after 35 days on the market. That works out to $415 per square foot on 6,380 square feet. Across 5 closed sales in 90401 over the last 12 months, the median sold price is $2,650,000 and the median is $719 per square foot, 73% above this sale's $415.
| Quarter | Closed sales in 90401 | Median sold price |
|---|---|---|
| Q2 2026 | 1 | $2,875,000 |
| Q3 2026 | 3 | $1,180,000 |
| Q4 2026 | 1 | $4,800,000 |
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 90401
Description
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 description from the July 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 1224 9th Street
1317 12th Street 8: Sold $850,000 · 3 bd · 2 ba · 1,183 sqft · Sep 2026 · 0.3 mi
Wetrust Realty | DRE #02068846
Buyer's agent: Sally Forster Jones, Compass | DRE #005589391518 12th Street: Sold $4,800,000 · 32 bd · 24 ba · 14,840 sqft · Oct 2026 · 0.4 mi
1705 Ocean Avenue 306: Sold $1,180,000 · 1 bd · 2 ba · 1,025 sqft · Jul 2026 · 0.6 mi
Compass | DRE #02011949
Buyer's agent: Yolanda Peraza, Rodeo Realty- Brentwood | DRE #012653401755 Ocean Avenue 514: Sold $2,875,000 · 2 bd · 2 ba · 1,570 sqft · Apr 2026 · 0.9 mi
Compass | DRE #01389034
Buyer's agent: Peter Santos, Redfin Corporation | DRE #02078044
Closed sales reported in 90401, nearest first, last 12 months. All recent sales in Santa Monica →