Seller's Agent in 2021
Kyle Mirrafati
Matthews Real Estate Investment Services
(866) 889-0550
1 in this area
24 Total Sales
2702 21st St Santa Monica, CA 90405
Sunset Park NeighborhoodEstimated Value: $1,905,000 - $2,466,000
4
Beds
4
Baths
2,308
Sq Ft
$959/Sq Ft
Est. Value
Highlights
- Corner Lot
- Grant Elementary School Rated A+
- 1-Story Property
About This Home
As of May 20212702 21st Street presents a unique pride of ownership apartment building situated in the Sunset Park District of Santa Monica. Built in 1940, these single-story, walkup style apartments consist of four (4) total units built on two (2) separate buildings with a unit mix of entirely 1-bedroom, 1-bathroom units. The property features four (4) private garages with direct access to the designated unit, in-unit washer and dryer, recently replaced roof, electrical and windows. Two of the units have been upgraded and one (1) unit will be delivered vacant at the close of escrow. The property sits on 7,013 Sq Ft with SMR2* zoning in arguably the most desirable rental market in California. This amazing location on the corner of Oak St and 21st St is less than 10 minutes from all the restaurants, bars, and shops in both Downtown Santa Monica and Abbot Kinney Blvd in Venice Beach. An investor can capitalize on the vacant unit and highly desirable rental market to achieve a healthy rental income year 1 due to low operating expenses, however, this investment offers massive upside potential allowing steady rental increase year-over-year.
Last Agent to Sell the Property
Matthews Real Estate Investment Services License #01911204 Listed on: 03/24/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,199
Year Built
- Built in 1940
Lot Details
- 7,013 Sq Ft Lot
- Corner Lot
Parking
- 4 Car Garage
Interior Spaces
- 2,308 Sq Ft Home
- 1-Story Property
- Oven
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Heating System Mounted To A Wall or Window
Community Details
- 2 Buildings
- 4 Units
Listing and Financial Details
- Tenant pays for gas, electricity
- The owner pays for water
- Assessor Parcel Number 4272-002-020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2021
Closed on
Apr 13, 2021
Sold by
Peters Richard L and Peters Mari Tell
Bought by
Vicnasa Llc
Seller's Agent
Kyle Mirrafati
Matthews Real Estate Investment Services
Buyer's Agent
Adriane Westland
Rodeo Realty- Brentwood
List Price
$1,825,000
Sold Price
$1,800,000
Premium/Discount to List
-$25,000
-1.37%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,060
Avg. Annual Appreciation
4.95%
Purchase Details
Closed on
Jun 22, 2015
Sold by
Peters Richard L and Peters Mariteil D
Bought by
Peters Richard L and Peters Mari Tell D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,000
Interest Rate
3.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 6, 2015
Sold by
Peters Richard L and Peters Maritell D
Bought by
Richard L Peters and Mari Tell D Peters
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,000
Interest Rate
3.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 23, 2004
Sold by
Peters Richard L and Peters Maritell D
Bought by
Peters Richard L and Peters Maritell D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 29, 1997
Sold by
Peters Richard L
Bought by
Peters Richard L and Peters Maritell D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
7.62%
Purchase Details
Closed on
Jan 24, 1997
Sold by
Peters Richard L
Bought by
Peters Richard L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
7.62%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vicnasa Llc | $1,800,000 | North American Title Company | |
| Peters Richard L | -- | First American Title Company | |
| Richard L Peters | -- | None Available | |
| Peters Richard L | -- | First American Title Co | |
| Peters Richard L | -- | American Coast Title | |
| Peters Richard L | $160,000 | American Coast Title | |
| Peters Richard L | -- | American Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Peters Richard L | $730,000 | |
| Previous Owner | Peters Richard L | $541,000 | |
| Previous Owner | Peters Richard L | $571,000 | |
| Previous Owner | Peters Richard L | $574,000 | |
| Previous Owner | Peters Richard L | $260,000 | |
| Previous Owner | Peters Richard L | $70,200 | |
| Previous Owner | Peters Richard L | $177,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/18/2021 05/18/21 | Sold | $1,800,000 | -1.4% | $780 / Sq Ft |
| 03/30/2021 03/30/21 | Pending | -- | -- | -- |
| 03/24/2021 03/24/21 | For Sale | $1,825,000 | -- | $791 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $23,199 | $1,948,377 | $1,623,648 | $324,729 |
| 2024 | $23,199 | $1,910,174 | $1,591,812 | $318,362 |
| 2023 | $22,828 | $1,872,720 | $1,560,600 | $312,120 |
| 2022 | $22,542 | $1,836,000 | $1,530,000 | $306,000 |
| 2021 | $5,608 | $391,193 | $263,306 | $127,887 |
| 2020 | $5,567 | $387,183 | $260,607 | $126,576 |
| 2019 | $5,502 | $379,593 | $255,498 | $124,095 |
| 2018 | $5,131 | $372,151 | $250,489 | $121,662 |
| 2016 | $4,916 | $357,702 | $240,763 | $116,939 |
| 2015 | $4,849 | $352,330 | $237,147 | $115,183 |
| 2014 | $4,818 | $345,429 | $232,502 | $112,927 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Mirrafati
-
Adriane Westland
Buyer's Agent in 2021
Adriane Westland
Rodeo Realty- Brentwood
(310) 403-5535
3 in this area
13 Total Sales
Map
Source: The MLS
MLS Number: 21-710400
APN: 4272-002-020
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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