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$ 2,250,000
Est. payment /mo
Active
2517 20th Street Santa Monica, CA 90405
3,219 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,219 sqft
Price per Sqft $698
MLS Listing ID CL25486165
HOA Y/N No
Year Built 1938
Lot Size 6,766 Sqft
Acres 0.16
Property Sub-Type Other
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
Zoning SMR2
Interior
Heating Wall Furnace
Flooring Wood
Fireplace No
Appliance Dryer
Laundry Community Facility, Dryer, Washer
Building
New Construction No
Others
Tax ID 4273019010
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Julie Lovett • Coldwell Banker Realty