Address
2702 21St Street Santa Monica, CA
Price
$ 1,825,000
Property Attributes
- MLS#21710400
- TypeContingent
- CountyLOS ANGELES
- CitySanta Monica
- AreaSanta Monica
- Zip90405
- Style
- Price$ 1,825,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Lot Size6,970 SqFt
Listing Provided Courtesy Of:
Kamfar Kyle Mirrafati with Matthews Real Estate Investment Services.
Data Source:
CRMLS
Property Description
2702 21st Street presents a unique pride of ownership apartment building situated in the Sunset Park District of Santa Monica. Built in 1940, these single-story, walkup style apartments consist of four (4) total units built on two (2) separate buildings with a unit mix of entirely 1-bedroom, 1-bathroom units. The property features four (4) private garages with direct access to the designated unit, in-unit washer and dryer, recently replaced roof, electrical and windows. Two of the units have been upgraded and one (1) unit will be delivered vacant at the close of escrow. The property sits on 7,013 Sq Ft with SMR2* zoning in arguably the most desirable rental market in California. This amazing location on the corner of Oak St and 21st St is less than 10 minutes from all the restaurants, bars, and shops in both Downtown Santa Monica and Abbot Kinney Blvd in Venice Beach. An investor can capitalize on the vacant unit and highly desirable rental market to achieve a healthy rental income year 1 due to low operating expenses, however, this investment offers massive upside potential allowing steady rental increase year-over-year.
| Price History | |
|---|---|
| 3/25/2021 | Listed $1,825,000 |
General Features
| Appliances | Oven, Refrigerator |
|---|---|
| Cooling | None |
| Garage Spaces | 4 |
| Garage Y/N | Yes |
| MLS Area | C14 - Santa Monica |
| Parking Features | Door-Single, Garage |
| Property Type | Residential Income |
| Total Units | 4 |
| Zoning | SMR2* |
Exterior Features
| Lot Size Acres | 0.16 |
|---|---|
| Lot Size Area | 7013 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 7013 |
| Lot Size Units | Square Feet |
| Number of Buildings | 2 |
| Number of Separate Electric Meters | 4 |
| Number of Separate Gas Meters | 4 |
| Total Parking | 4 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 90405
Price
Visits
Year Built
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of April 22, 2021 6:14 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
