Santa Monica, CA 90403,938 20th St
Santa Monica, CA 90403,938 20th St
Santa Monica, CA 90403,938 20th St
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$3,995,000
Est. payment /mo
16 Beds
16 Baths
9,230 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,230 sqft

Price per Sqft $432

MLS Listing ID 25578411

Style Low Rise

Bedrooms 16

Year Built 1969

Lot Size 7,998 Sqft

Acres 0.1836

Property Sub-Type Multi-Family

Property Description

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!

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMR2*

Rooms

Other Rooms None

Interior

Heating Central, Wall

Cooling Ceiling Fan

Flooring Hardwood, Carpet, Mixed, Laminate

Fireplaces Type Living Room

Equipment Ceiling Fan, Dishwasher, Garbage Disposal, Microwave, Refrigerator, Dryer, Freezer, Washer

Laundry Laundry Area

Exterior

Parking Features Carport, Garage - 2 Car, Tandem, Garage Is Attached

Garage Spaces 11.0

Building

Story 2

Sewer In Street

Architectural Style Low Rise

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Compass

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agent

Ron Taibi

+1(661) 212-1135

Agent | License ID: 01240158

Agent License ID: 01240158

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