Santa Monica, CA 90405,2517 20th St
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Kirshner Elkin Properties

Kirshner Elkin Properties

Realtor

+1(424) 214-0133
$2,250,000
Est. payment /mo
7 Beds
5 Baths
3,219 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,219 sqft

Price per Sqft $698

MLS Listing ID 25-486165

Style Spanish

Bedrooms 7

Year Built 1938

Lot Size 6,766 Sqft

Acres 0.1553

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMR2*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s), Air Conditioning

Flooring Hardwood

Fireplaces Type None

Equipment Refrigerator, Range/Oven, Dryer, Washer

Laundry In Unit, Community

Exterior

Parking Features Assigned

Building

Story 2

Architectural Style Spanish

Level or Stories One, Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Coldwell Banker Realty

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Name

Phone*

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Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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