$2,649,000
-$10,0001018 21st Street, Santa Monica CA 90403
Multi-Family (5 Units)
Property type
17 days
On market
$462
Price per sqft
5 cars
Garage
1956
Year built
6,614 sqft
Lot size
Home highlights
Open Houses
Overview
Ideally situated North of Wilshire on a beautiful tree-lined street just moments from Montana Avenue, 1018 21st Street presents a unique opportunity to acquire a premier 5-unit apartment property in Santa Monica's most coveted neighborhood.The property features an attractive unit mix consisting of one spacious 3-bedroom, 2-bath residence, two remodeled 2-bedroom, 2-bath units...
Listing provided by: James Dutton DRE #00864227 310-670-5119, J. D. Realty Company
Listing updated: Jun 16, 2026 at 02:53am.
Last checked: Jun 16, 2026 at 03:30am
Source: CRMLS #26840203
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | 1 | $1,542 | $1,542 | $6,500 | Unfurnished |
| 1 | 2 | 2 | 1 | $4,595 | $4,595 | $5,500 | Unfurnished |
| 1 | 2 | 2 | 1 | $4,495 | $4,495 | $5,500 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,908 | $1,908 | $4,500 | Unfurnished |
| 1 | 2 | 1 | 1 | $988 | $988 | $4,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 5
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
16.3x
List Price / Annual Gross Rent
Cap Rate
5.88%
NOI / List Price
Net Operating Income: $155,836
Interior
Heating: Wall Furnace, Zoned
Laundry: Common Area
Exterior
Architectural Style: Spanish
Stories Total: 1
Levels: Two
Foundation: Raised
Garage and Parking
Parking: Garage
Garage Spaces: 5
Parking Total: 5
Lot Information
Land Lease: No
Parcel #: 4277024017
Zoning: SMR2*
Community
HOA: No
Senior Community: No