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2517 20th Street Santa Monica, CA 90405
$2,250,000 7 beds, 5 baths
3, 219 sqft
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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25486165
List price is $2,250,000
Beds: 7
Baths: 5
None fireplaces
Built in 1938
3,219 sqft
1 story
0.16 acres
Lot size: 0.1553
County: Los Angeles
Property style: Spanish
Zoning: SMR2*
Appliances: Refrigerator,Dryer,Washer
Parking description: Assigned
Heating description: Wall Furnace
MLS area: C14 - Santa Monica

Last Updated: 4/29/2025

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This listing belongs to the C14 - Santa Monica MLS area

The style of this listing is Spanish.
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Lat/Long: 34.014329, -118.464753.
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Listing Agent: Julie Lovett
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Population by Gender

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Compared to National:

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Lic#: 01317331

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