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$2,250,000

Beds
7
sq ft
3,219

2517 20th St, Santa Monica, CA 90405

2517 20th St

Santa Monica, CA 90405

  • 34 days on market
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 charm and offers long-term growth potential. The property has been meticulously maintained. Four of the five units have been remodeled and three feature in-unit laundry, the other two have private laundry inside their garage. Original, refinished hardwood floors, two of the units have split AC units, two of the units have quartz and granite countertops, and tiled showers. There is gated entry and a new roof. Comprised of 5 units, this property offers both immediate rental income and long-term growth potential. There are three 1 bedroom/1 bathroom units plus two 2 bedroom/1 bathroom units. Two of the front units on the ground level have individual enclosed garages. The two rear units each have a storage garage. 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. One 1 bedroom/1 bathroom unit will be available 2/1/2025. This is a fantastic opportunity for investors seeking a steady cash flow in a thriving market.

Details

Property type

Lot size

6,766 sq ft

Price per sq ft

$699

Year built

1938

HOA

No

Price History

02/11/2025
CLAW

CLAW #25486165

Listed
$2,250,000
02/03/2025
CLAW

CLAW #25486165

Pending
$2,250,000
01/20/2025
CLAW

CLAW #25486165

Listed
$2,250,000
-5.26%

Schools & Community

Neighborhood: 

Sunset Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 02/23/2025 at 1:55 AM

Listing updated: 02/11/2025 at 9:05 AM

Listed by: Julie Lovett, Coldwell Banker Realty Phone #: (310) 458-0091

MLS: CLAW #25486165

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