938 20th Street
Santa Monica, CA, 90403
$3,995,000
Beds
0 Baths
SqFt
0.18 Acres
Add
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Rare chance to purchase a pride of ownership multi-family asset in the coveted Franklin School District. Fantastic location in the Wilshire Montana neighborhood on a whimsical tree lined street. This is an ideal opportunity for both savvy investors and discerning owner-users looking to live in a premier neighborhood while generating strong rental income. The crown jewel of this 9,230 sqft building is the expansive 3 bed, 3 bath front "owner’s" townhome, offering approximately 2,198 sqft of living space, a private direct access 2-car garage, with laundry, and a charming front patio. Perfectly suited for an owner occupier seeking a single family feel with the added benefit of rental income from six additional units. The well balanced building includes: (1) 3 bed + 3 bath townhome, (2) 3 bed + 3 bath units, (3) 2 bed + 2 bath unit and (1) 1 bed + 1 bath unit. All units are generously sized and updated, with substantial capital improvements throughout, including: copper plumbing, dual-pane windows, new electrical panels, interior renovations and completed soft-story retrofit! Ample parking (11 spaces), and dedicated storage for each unit enhance the property’s long-term desirability. Situated on an 7,998 sqft lot in a high demand, rent controlled area, this asset offers both immediate cash flow and strong appreciation potential. Whether you’re an investor looking for a stabilized, high quality asset in one of LA’s most desirable markets or an owner-user seeking the perfect live and earn situation, this is a rare Santa Monica opportunity not to be missed!

Property Details

Price:
$3,995,000
MLS #:
25578411
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
c14santamonica
Listed Date:
Aug 15, 2025
Lot Size:
7,998 sqft / 0.18 acres (approx)
Year Built:
1969
C14santamonica

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Schools

Interior

Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Flooring
Wood, Carpet, Laminate
Heating
Central, Wall Furnace
Laundry Features
Washer Included, Dryer Included

Exterior

Parking Features
Carport, Garage – Two Door, Tandem Garage
Parking Spots
11.00

Financial

Map

Community

Market Summary

Current real estate data for Residential Income in Santa Monica as of Oct 24, 2025
52
Residential Income Listed
197
Avg DOM
$3,827,341
Avg List Price

Property Summary

    938 20th Street Santa Monica CA is a Residential Income for sale in Santa Monica, CA, 90403. It is listed for $3,995,000

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