2517 20Th Street, Santa Monica, CA 90405
-
Listed Price :
$2,250,000
-
Beds :
7
-
Baths :
5
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Property Size :
3,219 sqft
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Year Built :
1938
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.
Interior Features
| Laundry Information |
| Location(s) |
Common Area |
| Bedroom Information |
| Bedrooms |
7 |
| Bathroom Information |
| Bathrooms |
5 |
| Flooring Information |
| Material |
Wood |
Listing Information
| Address |
2517 20Th Street |
| City |
Santa Monica |
| State |
CA |
| Zip |
90405 |
| County |
Los Angeles |
| Listing Agent |
Julie Lovett DRE #00803205 |
| Courtesy Of |
Coldwell Banker Realty |
| List Price |
$2,250,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
3,219 |
| Lot Size |
6,766 |
| Year Built |
1938 |
Listing information courtesy of: Julie Lovett, Coldwell Banker Realty. *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.
