1227 21st Street is the impressive and extremely clean, 12-unit apartment building located in Prime Santa Monica. The property consists of all large units with a combined mix of (4) three-bedroom and (8) two-bedroom units. Located just half a block South of Wilshire, it's walking distance from many restaurants, shopping, and cafes. This incredible asset commands higher than average rents in Santa Monica. The property was orignially constructed in 1947, however, it was rebuilt in 1997. Due to the property being reconstructed in 1997, there are three deed-restricted units and Buyer is required to verify and satisfy their investigations with regards to the maximum allowable rents prior to opening escrow. Please do not disturb the tenants. All showings will be subject to an accepted offer. The Seller will be conducting a 1031 tax deferred exchange and all Buyers shall cooperate at no additional delay, cost, or liability to Buyer.