$3,100,000
$3,490,000
11.2%For more information regarding the value of a property, please contact us for a free consultation.
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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