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Rental Market Comparable Report

2124 Delaware Avenue – Apartment C
Santa Monica, CA 90404

Subject Property

  • Address: 2124 Delaware Ave, Unit C
  • Layout: 2 Bed / 1 Bath
  • Condition: Renovated
  • Laundry: Hook-ups
  • Parking: None
  • Neighborhood: Pico District

Renovated two-bedroom apartment located in the Pico District of Santa Monica. The unit features updated interiors and laundry hook-ups. Lack of on-site parking slightly moderates pricing relative to comparable units with parking.

Comparable Rentals

2032 Delaware Ave #2032A

2 Bed / 1 Bath · 900 SF
$2,788 / month
13 Days on Market

Same street comparable with larger square footage and parking availability.

1959 20th St

1 Bed / 1 Bath · 500 SF
$2,500 / month
4 Days on Market

Detached guesthouse with in-unit laundry and private patio.

2021 Cloverfield Blvd #8

2 Bed / 1 Bath · 660 SF
$2,600 / month
12 Days on Market

Renovated two-bedroom including parking which supports its pricing.

Broker Pricing Recommendation

$2,495 – $2,595

Pricing slightly below parking-supported two-bedroom units while reflecting the subject's renovated condition and layout should generate strong inquiry volume in the first one to two weeks of marketing.

Melanie Reynard
Broker – Keybox Properties
Santa Monica Leasing Analysis

KEYBOX

DRE ​02086236

Licensed California Real Estate Broker, DRE License #02086236
Stanford University Graduate (B.A. & M.A.)
California Real Estate Broker Exam — Perfect Score
Keybox operates with professional standards, regulatory awareness, and direct Broker oversight on every managed property.
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