Property
Listing Agent: David Miller (DRE #02105346) · Listing Office: Miller & Desatnik Realty Co. · Contact: 310-202-9166 · Bought with: Glenn Brander · Miller & Desatnik Realty Co. · MLS #26638599 · Source: CRMLS
1236 21st Street sold for $2,805,000 in April 2026, 0.2% over its $2,800,000 list price, after 21 days on the market. That works out to $559 per square foot on 5,016 square feet. Across 49 closed sales in 90404 over the last 12 months, the median sold price is $1,125,000 and the median is $819 per square foot, 47% above this sale's $559.
| Quarter | Closed sales in 90404 | Median sold price |
|---|---|---|
| Q1 2026 | 6 | $1,025,000 |
| Q2 2026 | 25 | $1,345,000 |
| Q3 2026 | 16 | $1,100,000 |
| Q4 2026 | 2 | $4,100,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Santa Monica · Homes for sale in 90404
***OFFER DEADLINE MONDAY 1/26 3PM*** BUYERS THAT SUBMIT OFFERS WILL BE INVITED TO A SELLER SPONSORED INSPECTION WED 1/28 12PM TO HAVE AN OPPORTUNITY TO COME BACK WITH A BEST AND FINAL OFFER AFTER ALL OF THE DUE DILIGENCE ITEMS AND INSPECTION REPORTS HAVE BEEN REVIEWED***. Rare Santa Monica Value-Add Opportunity 5 Units with Major Vacancy Located on a prime stretch of 21st Street between Wilshire Boulevard and Arizona Avenue, just steps from St. John's Hospital, this exceptional 5-unit multifamily property presents a rare opportunity for investors and owner-users alike. 4 out of the 5 units DELIVERED VACANT! Opportunities like this are extremely rare in Santa Monica, making this asset ideal for a value-add investor or an owner-user seeking flexibility, upside, and long-term appreciation in one of the Westside's most desirable rental markets.Unit Mix*(1) Spacious 3 Bedroom / 2 Bathroom townhouse-style unit Delivered vacant and ready for a full remodel, offering significant upside.*(4) Well-laid-out 2 Bedroom / 2 Bathroom units Rent-ready in their current condition.*All units feature dishwashersProperty Features*On-site laundry room*Dedicated storage areas*Separately metered units*Ample on-site parking located at the rear of the property Affordable Unit*(1) unit is designated "Affordable"*Previous tenant (recently vacated) was paying $3,080/month, providing strong baseline income with vacancy flexibility.Investment Highlights*Exceptional vacancy upside in a tightly controlled rent market*Prime Santa Monica location near medical, retail, dining, and transit*Ideal for value-add investors or owner-users*Rare chance to acquire a Santa Monica property with this level of immediate control This is a unique opportunity to reposition a multifamily asset in one of the most sought-after rental markets in Southern California.Properties with this many vacant units in Santa Monica are nearly unheard of this will not last.
Listing description from the April 2026 sale, as reported to CRMLS.
Closed sales reported in 90404, nearest first, last 12 months. All recent sales in Santa Monica →