2517 20th ST new Save Request In-Person Tour Request Virtual Tour
Santa Monica,CA 90405
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,219 sqft
Price per Sqft $698
MLS Listing ID 25486165
Bedrooms 7
HOA Y/N No
Year Built 1938
Lot Size 6,764 Sqft
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 charm and offers long-term growth potential. The property has been meticulously maintained. Four of the five units have been remodeled and three feature in-unit laundry, original, refinished hardwood floors, split AC units, quartz countertops, and tiled showers. There is secured entry and a new roof. Comprised of 5 units, this property offers both immediate rental income and long-term growth potential. There are three 1 bedroom/1 bathroom units plus two 2 bedroom/1 bathroom units. The three front units on the ground level have individual enclosed garages. The two rear units each have uncovered parking. There is a community laundry room for the two rear units. 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. One 1 bedroom/1 bathroom unit will be available 2/1/2025. This is a fantastic opportunity for investors seeking a steady cash flow in a thriving market.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Heating Wall Furnace
Flooring Wood
Fireplace No
Appliance Refrigerator,Dryer,Washer
Laundry Common Area
Exterior
Parking Features Assigned
Building
Story 2
Entry Level One,Two
Architectural Style Spanish
Level or Stories One,Two
New Construction No
Others
Senior Community No
Tax ID 4273019010
Special Listing Condition Standard