2517 20th Street
Santa Monica, CA 90405
- – beds
- – baths
- – sqft
- 6,766 sqft lot
- 1938 build
- – on site
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.
Last checked:
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Last updated Apr 29, 2025
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MLS# 25486165 —
The Building
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Year Built:1938
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New Construction:No
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Building Area Total:3219.00
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Total Number Of Units:5
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# of Buildings:2
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Architectural Style:Spanish
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Stories Total:2
Interior
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Levels:One, Two
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Flooring:Wood
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Fireplace:No
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Fireplace:None
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Laundry:Washer Included, Dryer Included, Community
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Laundry:1
Location
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Directions:South of Pico, North of Ocean Park Blvd.
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Latitude:34.01432900
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Longitude:-118.46475300
The Property
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Property Type:Residential Income
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Zoning:SMR2*
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Lot Size Area:6766.0000
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Lot Size Dimensions:50x135
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Lot Size Acres:0.1553
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Lot Size SqFt:6766.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4273019010
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Appliances
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Appliances:Refrigerator
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/11/25
Feb 11, 2025
|
Listed / Active | CRMLS_CA | $2,250,000 | |
|
2/3/25
Feb 3, 2025
|
Sold Subject To Contingencies | CRMLS_CA | $2,250,000 | |
|
1/21/25
Jan 21, 2025
|
Listed / Active | CRMLS_CA | $2,250,000 |
