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1834 9th Street, 5, Santa Monica, CA 90404

$499K1bd · 1ba · 620 sqft
Lot 7,286 sqft•HOA $275/mo•Condominium•
Active
•78d on market•MLS# 00-26864333

Property Description

PRIME SANTA MONICA INVESTMENT OPPORTUNITY! Situated on a picturesque, tree-lined street just minutes from the sands of Santa Monica Beach, the iconic Pier, and 3rd Street Promenade, this light-filled 1BD/1BA top-value condo offers incredible potential as a lucrative short-term rental or coastal retreat. West-facing windows capture maximum natural sunlight and refreshing ocean breezes throughout the day. Step outside to your own expansive, private patio spacea rare outdoor sanctuary perfect for morning coffee, alfresco dining, or entertaining. The unit is in good, solid overall condition while providing a perfect canvas for your custom upgrades and light TLC to unlock instant equity and maximize rental returns. Additional highlights include one secured parking space in an area where parking is a premium, along with a peaceful, shaded neighborhood ambiance. Don't miss this rare chance to secure high-upside Santa Monica real estate with unbeatable coastal proximity!

Features & Amenities

FeeBuilt 1960

Property Details

Land Type
Fee
Year Built
1960
Property Type
Residential
Property Subtype
Condominium
Heating
Wall Furnace
Flooring
Tile, Wood
City
Santa Monica
Zip Code
90404
County
Los Angeles
Listed byUnknown Office, Reza Marashi

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,523.22
Principal & Interest
Loan Amount
$399,200
Total Interest
$509,158
Total Payment Over 30 Years
$908,358
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1834 9th Street, 5, Santa Monica, CA 90404

Santa Monica · Condominium

$499K
Affordable Tier
Beds
1
Baths
1
Sqft
620
Lot
7,286 sqft
Year
1960
$/Sqft
$805
Pool: No✓

Listed 16.1% below the median closed sale of $595,000. Price per sqft ($805) is a 17% discount to closed comps ($974).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $499K· $805/sqft
Total list price
Closed comps
vs closed median $595K
−$96K (−16.1%)
Active comps
vs active median $650K
−$151K (−23.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $972
−$167 (−17.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
937 5th StreetSanta Monica1960116317,511$1,030$650,0001796
515 San VicenteSanta Monica1948116790$1,171$795,000989
717 Raymond AvenueSanta Monica1958216687,729$897$599,0006589
2325 Kansas AvenueSanta Monica19581165039,951$762$495,0003188
944 11th StreetSanta Monica1968117507,481$1,000$750,0008586
Total: 5 · Average1.21.0675.615,668$972$657,80041.4
Median668$650,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
828 5th StreetSanta Monica196809/18/2026116197,480$579,000$579,000$9351.009994
2702 11th StreetSanta Monica196406/16/2026116577,737$599,000$637,500$9701.066092
1517 Harvard StreetSanta Monica195706/22/2026116009,373$555,000$552,500$9210.992992
1234 Franklin StreetSanta Monica195107/21/2026115848,130$599,000$595,000$1,0190.993591
818 20th StreetSanta Monica194709/09/2026116388,010$695,000$655,000$1,0270.949691
Total: 5 · Average1.01.0619.68,146$603,800$603,800$974.4—63.8
Median619$595,000$595,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.