2517 20th St Active Save Request In-Person Tour Request Virtual Tour
Santa Monica,CA 90405
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,219 sqft
Price per Sqft $698
MLS Listing ID 25-486165
Style Spanish
Bedrooms 7
Year Built 1938
Lot Size 6,766 Sqft
Property Sub-Type Multi-Family
Property Description
This exceptionally charming 5-unit residential property presents an incredible investment opportunity in a prime Santa Monica location. Built in 1938 this updated property has immense appeal and offers long-term growth potential. The property has been meticulously maintained. There are three 1 bedroom/1 bathroom units plus two 2 bedroom/1 bathroom units. Four of the five units have been remodeled; three feature in-unit laundry, the other two units have private laundry inside their garage. There are refinished hardwood floors, two of the three front units have split AC units, quartz/granite countertops and tiled showers. In January 2025 a new roof was installed on the rear building, and in late 2024 the front building was recoated. Two of the front units have individual enclosed garages; three units have assigned parking. This property offers both immediate rental income and long-term growth potential. Centrally located near transportation, schools, shopping, parks, and the best Santa Monica has to offer. The current tenants are professionals and the units are well maintained. This a fantastic opportunity for investors seeking a steady cash flow in a thriving market. There is an excellent property management company in place.
Location
State CA
County Los Angeles
Area Santa Monica
Zoning SMR2*
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall Unit(s), Air Conditioning
Flooring Hardwood
Fireplaces Type None
Equipment Refrigerator, Range/Oven, Dryer, Washer
Laundry In Unit, Community
Exterior
Parking Features Assigned
Building
Story 2
Others
Special Listing Condition Standard