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$2,399,000

Beds
8
sq ft
4,631

2007 21st St, Santa Monica, CA 90404

2007 21st St

Santa Monica, CA 90404

  • 4 days on market
Unique opportunity to own a unique property. Single family residence with a 2 story triplex, (2 bedrooms each) in the rear of the property--4 units in total with city stamped plans to renovate the front house and add an ADU for a total of 5 doors. Close to SMC, Whole Foods, and adjacent to Virginia Ave Park--just 1.7 miles to the beach. All units are spacious, each around 1100 square feet, and 3 of the 4 will be delivered vacant at close of escrow. This property is ready for its next chapter and its next owner-- this is your chance to make your mark and own something truly special. *Photos have been virtually staged* Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer and agent are advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer is to rely solely on his/her/their own findings.

Details

Property type

Est. home value

$2,141,535

Lot size

7,255 sq ft

Price per sq ft

$519

Year built

1947

HOA

No

Price History

10/31/2024
CLAW

CLAW #24438699

Removed
$2,399,000
10/31/2024
CLAW

CLAW #24458791

Listed
$2,399,000
-3.85%
09/12/2024
CLAW

CLAW #24384779

Removed
$2,495,000
+4%

Schools & Community

Neighborhood: 

Pico District

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,013,036
Asking price
$2,399,000
Closing costs (~8% of asking)
-$191,920
Est. remaining loan balance
-$1,194,044
Cash to seller
$1,013,036

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

May 2022

Original loan amount

$1,244,850

Est. remaining balance

$1,194,044

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Lawrence Poon

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/05/2024 at 1:25 AM

Listing updated: 10/31/2024 at 1:50 PM

Listed by: Jonathan Soldwisch, KHORR Realty Phone #: (424) 512-2883

MLS: CLAW #24458791

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