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10-Unit Apartment Building
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1427-33 21st Street, Santa Monica, CA 90404

Improved Santa Monica property with MUBL zoning supporting residential and commercial uses.

Property SizeContact for details
Lot Size0.33 Acres
Days on Market145

Property Features for 1427-33 21st Street

General Information

Standard status Active
Lot size 0.33 Acres
Property subtype Land, Multifamily
Zoning MUBL

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 10

Building Details

Buildings 1
Listing Agency: KW Commercial Calabasas
Listed By: Jared Levine · License #CA 01804008
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 8:28AM

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 KW Commercial Calabasas

Investment Insights

Based on property information with market context.

This 14,512-square-foot improved lot includes a 10-unit apartment building, with four units currently vacant. The property is zoned MUBL, allowing both residential and commercial uses, and is positioned as a development site with flexible use potential supported by the existing improvements.

Located in Santa Monica’s Mid-City neighborhood, the property is near Providence St. John’s Hospital and surrounding businesses and amenities. Access to the 10 FWY and Expo Lines adds regional connectivity, while the site’s setting supports walkable access to nearby destinations.

Key Highlights

  • 14,512‑square‑foot improved lot
  • Existing 10‑unit apartment building
  • 4 units currently vacant

Property Analytics

Current Use

Commercial land

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

10
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Improved Santa Monica property with MUBL zoning supporting residential and commercial uses.
Where is this apartment building located?
The property is located at 1427-33 21st Street Santa Monica, CA.
What are key features of this property?
This property features: 14,512‑square‑foot improved lot; Existing 10‑unit apartment building; 4 units currently vacant
(818) 657-6500 Call to check price and availability
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