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Five-Unit Apartment Building
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1427 21st St, Santa Monica, CA 90404

Charming five-unit apartment complex with five 1 bed/1 bath units and four private garages.

Property SizeContact for details
Days on Market141

Property Features for 1427 21st St

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 5
Listing Agency: Paloma Realty Partners
Listed By: Adam Kanizo · License #CA 02008361
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 1:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Paloma Realty Partners

Investment Insights

Based on property information with market context.

1427 21st is a five-unit apartment complex offering five 1 bed/1 bath residences. The property includes four private garages, and the seller has recently installed a new roof on a portion of the building as well as new gas wall units. The units are currently tenant occupied, and prospective parties are asked not to disturb tenants.

The property is located in Santa Monica’s Mid-City area, surrounded by Providence St. John’s Hospital and within reach of local amenities and businesses. Convenient access is noted to the 10 FWY and the Expo Lines.

This is a tenant-occupied asset being sold separately from its sister building at 1433 21st.

Key Highlights

  • Five‑unit apartment complex in Santa Monica with five 1 bed/1 bath units
  • Four private garages on‑site, available to rent for additional income
  • New roof installed on a portion of the property

Property Analytics

Current Use

Patricia L. Wisne, ... Physician Robets John E ... Physician

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Barber Shop Pet Grooming Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

7,719
Businesses Nearby

Demographics for 90404, CA

21,995
Population
11,499
Households
1.9
Avg Household Size
39
Median Age
59%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
10,998
Density / Sq Mi
$85,081
Median Household Income
$66,349
Median Earnings
$2,095
Median Rent
$1,159,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Charming five-unit apartment complex with five 1 bed/1 bath units and four private garages.
Where is this apartment building located?
The property is located at 1427 21st St Santa Monica, CA.
What are key features of this property?
This property features: Five‑unit apartment complex in Santa Monica with five 1 bed/1 bath units; Four private garages on‑site, available to rent for additional income; New roof installed on a portion of the property
(818) 292-1346 Call to check price and availability
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