2517 20th STSanta Monica, CA 90405
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.
- Property Type:
Residential Income
- Architectural Style:
Spanish
- Bedrooms:
7
- Bathrooms:
5
- Dwelling Size:
3,219 SqFt
- Lot Size:
0.16 Acres
- Lot Description:
- Stories:
- Year Built:
1938
- Interior Features:
- Exterior Features:
- Parking:
Garage or Parking Spaces:
Features: Assigned
- Area:
C14 - Santa Monica
- Views:
- Schools:
- HOA:
- Senior Community:
False
- Heating:
Wall Furnace
- Cooling:
- Appliances:
Refrigerator
- Fireplace:
Fireplace(s):
Features: None
- Accessibility:
- Security Features:
- Foundation:
- Roof: