Santa Monica, CA 90404,2921 Arizona Ave
Santa Monica, CA 90404,2921 Arizona Ave
Santa Monica, CA 90404,2921 Arizona Ave
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$5,750,000
Est. payment /mo
20 Beds
22 Baths
10,671 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,671 sqft

Price per Sqft $538

MLS Listing ID 25586617

Bedrooms 20

Year Built 1961

Lot Size 0.267 Acres

Acres 0.2672

Property Sub-Type Multi-Family

Property Description

***MAY BE PURCHASED INDIVIDUALLY OR AS PART OF A PORTFOLIO WITH 1140 N OGDEN & 8220 NORTON*** We are pleased to present 2921 Arizona Ave. This 12-unit apartment building in Santa Monica offers a rare blend of stability, upside, and location, making it a highly attractive opportunity for investors seeking long-term growth in one of Los Angeles' most coveted rental submarkets. The desirable unit mix includes ten spacious 2-bedroom, 1.5-bath units and two newly constructed studio ADUs, appealing to a broad tenant base and maximizing rental income potential. Situated on the highly sought-after Westside, the property benefits from strong local demand, proximity to major employment centers, beaches, shopping, dining, and public transportation. The building has undergone significant recent capital improvements, offering new ownership a low-maintenance asset with reduced near-term expenses. Upgrades include a comprehensive main electrical system enhancement, plumbing improvements, exterior renovations, and the addition of two conforming ADUs. SB-721 balcony inspections have been completed, adding further peace of mind. Inside, various units have been thoughtfully renovated with modern finishes, featuring wood-inspired flooring, stainless steel appliances, gas ranges, garbage disposals, and refrigerators. Residents enjoy amenities such as garage parking, on-site laundry, patios or balconies, and attractively landscaped grounds. With a strong location, solid unit mix, and major building systems already improved, this offering represents a turnkey opportunity with both stability and upside in one of the most desirable areas of Los Angeles.

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMR2*

Rooms

Other Rooms Accessory Bldgs

Interior

Heating Wall

Cooling Wall/Window

Equipment Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator

Exterior

Parking Features Assigned, Carport Attached

Garage Spaces 20.0

Building

Story 2

Level or Stories One

Others

Special Listing Condition Standard


Read Less Info
TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty

Nearby Locations

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Edison Language Academy

    Public | PK - 5

  • 10

    Warner Avenue Elementary

    Public | KG - 5

  • 10

    Westwood Charter Elementary School

    Public | KG - 5

  • 9

    Canyon Charter Elementary

    Public | KG - 5

  • 9

    Kenter Canyon Charter School

    Public | KG - 5

  • 9

    Franklin Elementary School

    Public | PK - 5

  • 9

    Community Magnet Charter Elementary School

    Public | KG - 5

  • 9

    Grant Elementary School

    Public | PK - 5

  • 9

    Mar Vista Elementary

    Public | KG - 5

  • 9

    Fairburn Avenue Elementary School

    Public | KG - 5

  • 8

    Roosevelt Elementary School

    Public | KG - 5

  • 8

    Santa Monica Alternative (K-8)

    Public | KG - 8

  • 8

    McKinley Elementary School

    Public | KG - 5

  • 8

    Will Rogers Learning Community

    Public | KG - 5

  • 8

    Broadway Elementary School

    Public | KG - 5

  • 8

    Richland Avenue Elementary

    Public | KG - 6

  • 7

    Nora Sterry Elementary School

    Public | KG - 5

  • 6

    Grand View Boulevard Elementary School

    Public | KG - 5

  • 5

    John Muir Elementary School

    Public | PK - 5

  • 5

    Brockton Avenue Elementary

    Public | KG - 5

Middle Schools 12
  • 9

    Lincoln Middle School

    Public | 6 - 8

  • 8

    Paul Revere Charter School

    Public | 6 - 8

  • 8

    New West Charter

    Public | 6 - 10

  • 7

    John Adams Middle School

    Public | 6 - 8

  • 6

    Emerson Community Charter

    Public | 6 - 8

  • 5

    Mark Twain Middle School

    Public | 6 - 8

  • 5

    Magnolia Science Academy 4

    Public | 6 - 12

  • 4

    Daniel Webster Middle School

    Public | 6 - 8

  • 0

    Archer School for Girls

    Private | 6 - 12

  • 0

    Fusion Academy - los Angeles

    Private | 6 - 12

  • 0

    City Charter Middle School

    Public | 6 - 8

  • 0

    James J. Mcbride Special Education Center

    Public | 6 - 12

High Schools 11
  • 9

    Santa Monica High School

    Public | 9 - 12

  • 7

    Animo Venice Charter High School

    Public | 9 - 12

  • 6

    University High School Charter

    Public | 9 - 12

  • 6

    Venice High School

    Public | 9 - 12

  • 0

    St Monica Catholic High School

    Private | 9 - 12

  • 0

    Pacifica Christian High School

    Private | 9 - 12

  • 0

    Olympic High (Continuation)

    Public | 9 - 12

  • 0

    Lighthouse Christian Academy

    Private | 9 - 12

  • 0

    Marymount High School los Angeles

    Private | 9 - 12

  • 0

    Arete Preparatory Academy

    Private | 9 - 12

  • 0

    Phoenix Continuation

    Public | 9 - 12

School and business data provided by Attom Data.

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Brandon Arlington

Brandon Arlington

+1(781) 385-0196

Real Estate Professional | License ID: 01956375

Real Estate Professional License ID: 01956375

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