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$ 3,995,000
Est. payment /mo
New
938 20th ST Santa Monica, CA 90403
16 Beds
16 Baths
9,230 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 9,230 sqft
Price per Sqft $432
MLS Listing ID 25578411
Bedrooms 16
HOA Y/N No
Year Built 1969
Lot Size 7,997 Sqft
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 C14 - Santa Monica
Zoning SMR2*
Interior
Interior Features Ceiling Fan(s)
Heating Central, Wall Furnace
Flooring Carpet, Laminate, Wood
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Exterior
Parking Features Carport, Door-Multi, Garage, Tandem
Total Parking Spaces 11
Building
Story 2
Entry Level Two
Sewer Other
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4277011008
Financing Cash
Special Listing Condition Standard
Listed by Rosanna Eusebio Compass
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