Santa Monica, CA 90403,837 21ST ST
Santa Monica, CA 90403,837 21ST ST
Santa Monica, CA 90403,837 21ST ST
Santa Monica, CA 90403,837 21ST ST
Santa Monica, CA 90403,837 21ST ST
Santa Monica, CA 90403,837 21ST ST
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$3,100,000

$3,490,000

11.2%
Est.Price: ?

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Est. payment /mo

8,015 Sqft Lot


SOLD DATE : 06/09/2022

Key Details

Sold Price $3,100,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 22128507

Sold Date 06/09/22

HOA Y/N No

Year Built 1939

Lot Size 8,015 Sqft

Property Description

We are proud to present the well-appointed 5-unit apartment complex at 837 21St Street, Santa Monica, California. Located in one of the most premium neighborhoods in Los Angeles county, this property is comprised of four 1-bed/1-bath units & one fully remodeled 3-bed/2-bath unit (with en-suite laundry). There is also a 6th un-permitted studio space that can be used as storage or potentially permitted to accommodate additional income opportunities. Together, the units (most with patios) come to a generous 4,478 square feet of rentable space on 8,013 square feet of land. 4 of the units are occupied and one is being held vacant to accommodate a new owners interests. The property, which features access to laundry facilities and a total of 5 garage parking spaces, has been very well maintained from the day it was built. The building is separately metered for gas and electricity. Furthermore, the property has a beautiful facade, superior to many buildings in the area, and can be easily managed independently or through a management company. Located on an A+ street just south of Montana Avenue this complex is close to a myriad of shops, restaurants and schools offered in the City of Santa Monica. The property's prime location, coupled with clear upside potential, make it a fantastic investment opportunity.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Fireplace No

Others

Tax ID 4277004017

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Special Listing Condition Standard

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CRMLS – RECore
Listed by Brad H. Pieper Douglas Elliman of California, Inc.
Bought with Gloria Park Estate Finance & Realty

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"REAL" Barkley-Romero
"REAL" Barkley-Romero

Founder of REALgratitude™ | DRE# SA695240000 | DRE# 02100184

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