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Santa Monica, CA 90405 2517 20th Street

$2,375,000

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Presented By: Anthony Kelly with Coldwell Banker Realty; 310-980-4813
  • MLS# SB24045129
  • 03/05/2024
  • Request Tour
  • Request Info
  • BedBeds • 7
  • BathBaths • 4
  • FootageSQFT • 3,219
  • GarageGarage • 4

Home Details

Welcome to 2517 20th St. One of the most sought-after locations in all of Santa Monica. This rare, 5-unit building features a mix of two, two bed/1 bath units and three, 1 bed/1 bath units. This is the perfect investment property that offers strong demand from tenants looking to live in the heart of Santa Monica. Located just blocks from Santa Monica College and all major transportation options, your residents will love their private garages that are ideal for additional storage. Four of the five units have been remodeled and feature their own laundry, original refinished hardwood floors, quartz countertops, tiled showers, and so much more. Our tenants are all professionals and do a wonderful job of maintaining their homes. This property has been meticulously maintained and the owner has spared no expense. This truly is a “Pride of Ownership” property. Check out the income this property produces. This one can't be missed, so get there quick. One two-bedroom unit can be shown now.
Presented By: Anthony Kelly with Coldwell Banker Realty; 310-980-4813

Interior Features for 2517 20th Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 2517 20th Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces4.0
Carport Y/NYes
CitySanta Monica
Community FeaturesBiking, Curbs, Golf, StreetLights, Sidewalks, Urban, Park
CountyLos Angeles
Current FinancingConventional
Days on Market53
DirectionsN. of Ocean Park, S of Pico.
Entry Locationlevel
Garage Spaces4.0
Garage Y/NYes
Gross Income0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense4175.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashtoNewLoan
Lot Size Square Feet6766.0
MLS AreaC14 - Santa Monica
MobileHomeRemainsYNNo
Net Operating Income131515.0
New ConstructionNo
Number of Units Leased4
Operating Expense49565.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Stories2
Street Name20th
Tax Lot280
Tenant PaysCableTV, Electricity, Gas
Total Actual Rent11090.0
Total Units5
Trash Expense1.0
View Y/NNo
Water Sewer Expense1.0
Waterfront Y/NNo
Year Built1938
Year Built SourcePublicRecords
ZoningSMR2*

Exterior for 2517 20th Street

Building Area Total3219.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSprinklersInFront, Landscaped, NearPark, NearPublicTransit, SprinklersTimer, Yard
Lot Size Acres0.1553
Lot Size Area6766.0
Lot Size SourcePublicRecords
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned
SpaNo
Total Parking8.0
Water SourcePrivate

Additional Details

Price History

1527188455

First Team Client Services

Price $2,375,000
MLS#SB24045129
List Date 03/05/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors