837 21ST Street, Santa Monica, CA 90403
Commercial property · 3 recorded sales since 2013
Sold June 2022
Listing Agent: Brad H. Pieper (DRE #01429859) · Listing Office: Douglas Elliman of California, Inc. · Contact: 424-203-1800 · Bought with: Gloria Park · Estate Finance & Realty · MLS #22128507 · Source: CRMLS
About this commercial property
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.
Listing description from the June 2022 sale, as reported to CRMLS.
Sale history
