Sold

1847 21ST Street

Santa Monica CA, 90404

$1,600,000


$454.29 per sqft

Sold

3 Beds

2 Baths

3,522 sqft

Residential

Built in 1923

Listed by Neema Ahadian with Marcus & Millichap 213-943-1800

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.

22166749

MLS ID

June 1, 2022

Listed

March 23, 2024

Updated

Map

1847 21ST Street
Santa Monica CA, 90404

Interior Features

Total Stories

0


Bedrooms

3 Beds


Bathrooms

2 Baths


Interior Features

Ceiling Fan(s)


Appliances

Dryer, Washer


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.14 Acres

Other Property Details

Area Name

C14 - Santa Monica


Days on Market

171


Garage

Yes


Parking

Door-Multi, Garage


Parking Total

0


View

No


County

Los Angeles


Pool

No


Zoning

SMR2*


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

5/18/2023

Sold

$1,600,000

Listing Contact: 213-943-1800 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:28 AM UTC

 

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