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2517 20th Street

Santa Monica, CA 90405
  • $2,499,000
  • STATUS: Active
  • ON SITE: 48 Days
  • ID#: SB24045129
UPDATED: 192 min ago
$2,499,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1938
County:

School Ratings & Info

Listing Agent(s): Anthony Kelly of Coldwell Banker Realty (310 802-5700)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-23T14:44:47.85. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.
www.socalrealtyexpert.com/homes/148307297
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2517 20th Street Santa Monica, CA 90405

  • Price: $2,499,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 192 min ago
  • ID#: SB24045129
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1938
Built
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - Santa Monica
Property Description
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.
Exterior Features

Carport Spaces 4 Carport YN Yes Entry Level 1 Entry Location level Lot Features Sprinklers In FrontLandscapedNear ParkNear Public TransitSprinklers TimerYard Number Of Separate Electric Meters 5 Parking Features Assigned Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features BikingCurbsGolfStreet LightsSidewalksUrbanPark Current Financing Conventional Garage YN Yes Gross Income 0 Gross Scheduled Income 181080 Insurance Expense 4175 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 131515 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 49565 Possession Close Of Escrow Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Tenant Pays Cable TVElectricityGas Total Actual Rent 11090 Trash Expense 1 Water Sewer Expense 1 Water Source Private Zoning SMR2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-23T14:44:47.85. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.
 
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Robin McCann | EXIT Alliance Realty
43521 Rige Park Drive, Suite 201
Temecula CA, 92590
Listing Agent(s): Anthony Kelly of Coldwell Banker Realty (310 802-5700)