2702 21St Street

Santa Monica, CA
$ 1,825,000 Beds 4 Baths 4
Monthly Estimate* How much can I afford?

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.

Contingent

  • Price
  • $ 1,825,000
  • Lot Size
  • 6,970 SqFt
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • Year Built
  • 1940
  • Half Bathrooms
  • 0
  • City, Zip
  • Santa Monica
  • County
  • LOS ANGELES
  • Style
  • Area
  • Santa Monica
  • MLS#
  • 21710400
  • Zip
  • 90405
Listing Provided by: Kamfar Kyle Mirrafati with Matthews Real Estate Investment Services.
Data Source: CRMLS

Features

General

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

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Beverly Hills, CA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/25/2021 Listed $1,825,000

Property vs Zip Code Average in 90405

Price
AVG $1.42M
$1.83M
Visits
AVG 23
22
Year Built
AVG 1967
1940
Walkscore
AVG 89
78
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

2702 21St Street Santa Monica, CA is a Single Family Home for sale at $1825000 and a lot size of 6,970 SqFt Acre(s). 2702 21St Street Santa Monica has 4 bedrooms, 4 baths and was built in 1940. The property's zip code is 90405 which is in Santa Monica, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.