Homes for sale - 2517 20th ST, Santa Monica, CA 90405

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CJ Chacon

cj@charleschacon.com +1(951) 283-7008

$ 2,250,000

Est. payment | -/mo

7 Beds

5 Baths

3,219 SqFt

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$ 2,250,000

Est. payment | -/mo

Save

7 Beds

5 Baths

3,219 SqFt

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 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

Area C14 - Santa Monica

Zoning SMR2*

Interior

Heating Wall Furnace

Flooring Wood

Fireplaces Type None

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

Listed by Julie Lovett • Coldwell Banker Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(951) 283-7008

cj@charleschacon.com

765 N Main St, Corona, California, 92880, USA

2517 20th ST Santa Monica, CA 90405