5 Units on 21st Street

(Sold At)
$1,600,000
Sold
Photo-Coming-Soon-02.06.360

Property Details

0 0 0 Investment

837 21St Street , Santa Monica, California 90403

Description:

PRIME LOCATION, LOCATION, LOCATION! Charming 5 Units North of Wilshire & just South of Montana in Santa Monica. Third generation owners, never before on market, priced to sell. Spacious units with upside potential. Beautiful rose garden and fruit trees. Owner’s unit vacant at close of escrow and vacant single “Granny unit” (Bootleg) which can be enjoyed by owner or rented. Owner controls four of the five 1 car garages which can be rented for additional income. Separate meters. Nice condition with opportunity to add value in the most desirable neighborhood of Santa Monica. Drive by only, please do not disturb tenants. FINANCIAL DETAILS 837 1 Bedroom, 1 Bath $1,500 839 1 Bedroom, 1 Bath $1,534 839-A 1 Bedroom, 1 Bath $1,513 839-B 1 Bedroom, 1 Bath $1,239 839-C 3 Bedroom, 2 Bath $2,600 Single $900 4 Garages $600 Total Expenses: $11,452 Scheduled Monthly Income: $9,886 Scheduled Annual Income: $118,632