1236 21st ST, Santa Monica, CA 90404

$2,805,000

Est. payment /mo

$2,800,000

0.2%
Est.Price: ?

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1236 21st ST Santa Monica, CA 90404

11 Beds

10 Baths

5,016 SqFt

SOLD DATE : 04/15/2026

Key Details

Sold Price $2,805,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 5,016 sqft

Price per Sqft $559

MLS Listing ID 26638599

Sold Date 04/15/26

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

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Listed by David Miller Miller & Desatnik Realty Co. #02105346
Bought with Glenn Brander Miller & Desatnik Realty Co.

Nearby Locations

Anne Marie Reggie
Anne Marie Reggie

Agent | License ID: 01416507

+1(562) 972-2079 | annemarie@reggieregroup.com

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