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 Details
Price:
$2,250,000
MLS #:
25486165
Status:
Active Under Contract
Baths:
0
Type:
Residential Income
Neighborhood:
c14santamonica
Listed Date:
Jan 20, 2025
Lot Size:
6,766 sqft / 0.16 acres (approx)
Year Built:
1938
See this Listing
Schools
Interior
Appliances
Refrigerator
Flooring
Wood
Heating
Wall Furnace
Laundry Features
Washer Included, Dryer Included, Community
Exterior
Architectural Style
Spanish
Parking Features
Assigned
Parking Spots
0.00
Financial
Map
Community
- Address2517 20th Street Santa Monica CA
- NeighborhoodC14 – Santa Monica
- CitySanta Monica
- CountyLos Angeles
- Zip Code90405
Subdivisions in Santa Monica
Market Summary
Current real estate data for Residential Income in Santa Monica as of Oct 21, 2025
53
Residential Income Listed
193
Avg DOM
$3,794,656
Avg List Price
Property Summary
- 2517 20th Street Santa Monica CA is a Residential Income for sale in Santa Monica, CA, 90405. It is listed for $2,250,000
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