2517 20th St Santa Monica, CA 90405
Listing Courtesy of: Combined L.A. Westside (CLAW) / Coldwell Banker Realty / Julie Lovett

  2517 20th St Santa Monica, CA 90405

Active
$2,250,000
7
BED
3,219
SQFT

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.

MLS #:
25-486165
Lot Size
6,766 SQFT
Type
Multifamily
Year Built
1938
Style
Spanish
County
Los Angeles County

Listed By

Julie Lovett, DRE #00803205 CA, Coldwell Banker Realty
Source
Combined L.A. Westside (CLAW)
Last checked Apr 24 2025 at 4:34 PM GMT+0000
Bathroom Details
Property Features
  • Fireplace: None
Heating and Cooling
  • Wall
  • Wall Unit(s)
  • Air Conditioning
Flooring
  • Hardwood
Parking
  • Assigned
Stories
  • 2
Living Area
  • 3,219 sqft
Location
   
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Disclaimer: Copyright 2025 CLAW MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/24/25 09:34