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Edie Israel

[email protected] +1(714) 623-3543

$ 2,800,000

Est. payment -/mo

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Open Sun 1PM-2PM

1236 21st ST Santa Monica, CA 90404

11 Beds

10 Baths

5,016 SqFt

Open House

Sat Jan 24, 1:00pm - 2:00pm

Sun Jan 25, 1:00pm - 2:00pm

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,016 sqft

Price per Sqft $558

MLS Listing ID 26638599

Bedrooms 11

HOA Y/N No

Year Built 1986

Lot Size 6,547 Sqft

Property Description

***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.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Heating Floor Furnace

Fireplace No

Appliance Dishwasher

Exterior

Parking Features Garage, Tandem

Total Parking Spaces 9

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4276014008

Special Listing Condition Standard

Listed by David Miller Miller & Desatnik Realty Co.

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

10

Palisades Charter Elementary

Public | KG - 5
10

Edison Language Academy

Public | PK - 5
9

Canyon Charter Elementary

Public | KG - 5
9

Kenter Canyon Charter School

Public | KG - 5
9

Franklin Elementary School

Public | PK - 5
9

Grant Elementary School

Public | PK - 5
8

Roosevelt Elementary School

Public | KG - 5
8

Santa Monica Alternative (K-8)

Public | KG - 8
8

McKinley Elementary School

Public | KG - 5
8

Will Rogers Learning Community

Public | KG - 5
8

Broadway Elementary School

Public | KG - 5
8

Coeur d'Alene Avenue School

Public | KG - 5
8

Richland Avenue Elementary

Public | KG - 6
7

Nora Sterry Elementary School

Public | KG - 5
5

John Muir Elementary School

Public | PK - 5
5

Westminster Avenue Elementary

Public | KG - 5
5

Brockton Avenue Elementary

Public | KG - 5
5

Beethoven Street Elementary School

Public | KG - 5
4

Brentwood Science Magnet

Public | KG - 5
4

Walgrove Avenue Elementary

Public | KG - 5

Middle Schools 8

9

Lincoln Middle School

Public | 6 - 8
8

Paul Revere Charter School

Public | 6 - 8
8

New West Charter

Public | 6 - 10
7

John Adams Middle School

Public | 6 - 8
5

Mark Twain Middle School

Public | 6 - 8
0

Archer School for Girls

Private | 6 - 12
0

Fusion Academy - los Angeles

Private | 6 - 12
0

City Charter Middle School

Public | 6 - 8

High Schools 11

9

Santa Monica High School

Public | 9 - 12
7

Animo Venice Charter High School

Public | 9 - 12
6

University High School Charter

Public | 9 - 12
6

Venice High School

Public | 9 - 12
0

St Monica Catholic High School

Private | 9 - 12
0

Pacifica Christian High School

Private | 9 - 12
0

Olympic High (Continuation)

Public | 9 - 12
0

Lighthouse Christian Academy

Private | 9 - 12
0

Marymount High School los Angeles

Private | 9 - 12
0

Arete Preparatory Academy

Private | 9 - 12
0

Phoenix Continuation

Public | 9 - 12

School and business data provided by Attom Data.

Edie Israel

Agent | License ID: 01399225

+1(714) 623-3543

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Yorba Linda, CA

Edie Israel

1236 21st ST Santa Monica, CA 90404

Open House

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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1236 21st ST