Listed by Neema Ahadian, Marcus & Millichap,

1847 21ST Street

Santa Monica, CA, 90404

$1,800,000

$511 per ft²
$1,800,000
$511 per ft²
Active Under Contract
Active Under Contract
 - For Sale
beds
3 Beds
baths
2 Baths
carpenters-square
3,522 ft²
property_type
Multi-family
calendar
Built 1923
1847 21st St, a 5-unit investment opportunity located in the prime location of Santa Monica just east of the intersection of Olympic Blvd and 20th St by the Santa Monica Freeway. The unit mix consists of one single family three-bedroom residence and two duplexes with a single, two one-bedroom units, and a two-bedroom unit. The majority of the units are leased at below market rents, providing an investor the opportunity to capture49% rental upside through interior unit renovations as units turn. High Bike Score of 91, proximity to schools, employment, and transit options, this location makes it convenient for residents to commute throughout the city.Santa Monica is one of the best locations in Los Angeles. Located just below Brentwood, this booming area is home to young professionals and families alike. Companies such as Activision Blizzard,Universal Music Group, Snap, and Lions gate attract top talent to this area. Third Street Promenade provides residents with great dining and shopping experiences, while the beach and Santa Monica Pier allow residents to enjoy stunning views.
MLS® ID:
22166749
Listed:
5/31/22
Updated:
11/27/22

Interior Features

Kitchen Appliances
Dryer, Washer
Total Bedrooms
3
Total Bathrooms
2
Interior Features
Ceiling Fan(s)
Heating
Natural Gas

Exterior/Building Features

Lot Size
6,011 ft² lot

Other Property Details

Area Name
C14 - Santa Monica
Garage
Yes
Parking
Door-Multi, Garage
View
N
County
Los Angeles
Pool
No
Zoning
SMR2*

Property History

Date
Event
Price
Value
11/22/22
Active Under Contract
-
-
8/2/22
Price Change
$1,800,000
-9%

Courtesy of Marcus & Millichap, Neema Ahadian,
Listing Contact:  

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Data last updated 4:11 AM UTC, 11/27/22

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