847 21st Street

Santa Monica, CA 90403

$2,950,000
Price
5
Beds
4
Baths
2,817 Sq. Ft.
$1,047 / Sq. Ft.
2,817
Sq. Ft.
$1,047
per Sq. Ft.

Description

This charming 4-Unit apartment building hasn't been on the market in over 49 years! Situated in the 800 block on a premiere street in Santa Monica on a 8,038 SF lot. Perfect for an investor or owner/user who wants to renovate and make it their own and have an asset that appreciates with fairly low maintenance. The three back units comprise of two 1BR, 1BA units and one studio. All three back units will be delivered vacant at the close of escrow. The Front 2BR, 1BA unit has loads of charm and original...This charming 4-Unit apartment building hasn't been on the market in over 49 years! Situated in the 800 block on a premiere street in Santa Monica on a 8,038 SF lot. Perfect for an investor or owner/user who wants to renovate and make it their own and have an asset that appreciates with fairly low maintenance. The three back units comprise of two 1BR, 1BA units and one studio. All three back units will be delivered vacant at the close of escrow. The Front 2BR, 1BA unit has loads of charm and original details from 1933 from the ceiling moldings to the hardwood floors and decorative fireplace in the living room. There is a cozy nook off the kitchen which can be used as a breakfast area or library, beautiful Spanish style tiles in the bathroom plus room for laundry in the mudroom. Lush spacious courtyard in-between the buildings! Two car garage in the driveway and 4 single car garages in the alley, plus an extra room which could be made into a laundry room for the building. Close to restaurants and shopping on the famous Montana Avenue! Franklin School District.

Property Details for 847 21st Street

Zoning
SMR2*
Style
Spanish
Parcel Number
4277004019
Total Units
4.0
Living Area
2817
Source Living Area
Vendor Enhanced
Area
Santa Monica (C14)
Vacancy Rate
3

Location

Listing Courtesy of Compass, Susan Kastner, DRE #01237053
Add your commute
LISTING UPDATED: 05/19/2024 09:57 AM

Property Details for 847 21st Street

StatusActive
MLS #24-386163
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1933
Lot Size0.18 AC / 8,040 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Susan Kastner, DRE #01237053
Add your commute

Building Information for 847 21st Street

Stories2Residences-Year Built1933Building Size-Lot Size0.18 AC / 8,040 SF

Payment Calculator

$16,395 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,099

Property Taxes

$296

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 847 21st Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: 4
  • View: No
  • View Description: None
  • View: None
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $219,600
  • Gross Rent Multiplier: $13.50
  • Total Annual Expense: 12000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1846
  • Lot Size Square Feet: 8040
Parking Details
Parking Details
  • Parking Garage: Driveway, Private Garage, Community Garage
  • Total Parking: 6
  • Covered Parking: 6
  • Garage Spaces Total: 5
  • Parking Features: Driveway, Private, Community Structure
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven, Refrigerator
  • Common Walls: Attached
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-07-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,668.00
  • Unit Actual Rent: $3,668.00
  • Unit Projected Rent: $5,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,800.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $46,640.00
  • Assessed Improvement Percent: 23.76
  • Assessed Land Value: $149,686.00
  • Assessed Land Percent: 76.24
  • Assessed Total Value: $196,326.00

Property History for 847 21st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 847 21st Street

Taxable ValueLand$149,686Additions$46,880Total$196,566
Tax Record2023$3,550 ($296 / month)
Home Facts
Total Finished SqFt2,817 SqFtAbove Grade Finished SqFt2,817 SqFtLot Size8,038 SqFtStyleQuadraplexYear Built1933ZoningSMR2*CountyLOS ANGELESAPN4277-004-019

Schools near 847 21st Street

This home is within Santa Monica-Malibu Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Franklin Elementary School
PublicK to 5

Lincoln Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Olympic High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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847 21st Street is a multi-family home for sale in Santa Monica, CA 90403. This property was listed for sale on May 7, 2024 by Compass, it's currently listed at $2,950,000. This listing's school district is Santa Monica-Malibu Unified School District. Nearby schools include Franklin Elementary School, Lincoln Middle School and Santa Monica High School. 847 21st Street is a 5-bed, 4-bath, 2,817 sqft multi-family home built in 1933.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Susan Kastner, DRE #01237053

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.