2517 20Th Street

Santa Monica, CA 90405

$2,250,000

List Price

7

bed Beds

5

shower Baths

3,219 sqft

straighten / sqft

1938

calendar_month Built

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.

Listing Information

List Price $2,250,000
Status Active
MLS 25486165
Type Residential Income
Year Built 1938
Lot Size 6,766
Structure Size 3,219
Courtesy Of Coldwell Banker Realty
Listing Agent Julie Lovett DRE#00803205

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms 7
Total Bathroom
Bathrooms 5
Flooring Information
Material Wood

Exterior Information

Maps

Listing information courtesy of: Julie Lovett, Coldwell Banker Realty 310-570-7593. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 20th, 2025 at 10:34 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.