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807-811 21st St
Santa Monica, CA 90403
21st Street Townhomes · Multifamily Property For Sale · 11 Units

Investment Highlights

  • Platinum 21st & Montana Santa Monica Location.
  • Side by Side Two Car Private Garages with Direct Access to Each Residence.
  • Separate APN's for Each Residence.
  • Eleven (11) Spacious, Townhome Style Condominiums, Featuring High Ceilings, Lofts, Central HVAC, Meaningful Outdoor Spaces.
  • Located in the desirable Franklin School District.
  • Steps from Montana Avenue Shops & Restaurants.

Executive Summary

An exceptional investment opportunity awaits in a platinum Santa Monica location. The 21st Street Townhome Residences feature a community of eleven (11) well-appointed townhome style condominiums, built in 1992, situated in one of the finest, most coveted Westside locations. Just steps from the vibrant shops and restaurants of Montana Avenue, and within one of finest public school districts in Los Angeles County.
Each townhome features spacious, well appointed interiors, with central HVAC, high ceilings & bonus loft spaces (not included in the square footage) . Residents will appreciate the convenience of direct residence entry two-car side by side garages, as well as private outdoor patios and decks, perfect for enjoying the world’s best climate.
The 21st Street Townhome Residences offer significant investment benefits, as each residence has its own APN and is separately metered for water, sewer, gas & electric.
Don’t miss the opportunity to own this platinum real estate in an ultra prime Santa Monica location.
Seller will consider carrying back the first trust deed. Terms of the loan subject to negotiation.

Property Facts

Price Per Unit $1,770,809 CAD
Sale Type Investment
Cap Rate 3.75%
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.18 AC
Building Size 50,000 SF
No. Stories 3
Year Built 1992
Parking Ratio 0.44/1,000 SF
Zoning SMR2 - Residential

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Fireplace
  • Washer/Dryer
  • Heating
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Deck
  • Loft Layout
  • Patio

Site Amenities

  • Wheelchair Accessible

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2.5 11 $7,547 CAD 1,455 - 1,646

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 4277-004-034
  • 4277-004-040
Land Assessment
$491,843 CAD
Improvements Assessment
$816,928 CAD
Total Assessment
$1,308,771 CAD
  • Listing ID: 33463714

  • Date on Market: 2024-10-09

  • Last Updated:

  • Address: 807-811 21st St, Santa Monica, CA 90403

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