Do Real Estate on the Go!
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Listed by: David Miller (323) 948-7507 DRE #02105346 | Miller & Desatnik Realty Co. (310) 202-9166
$2,350,000
6 Beds
- 6 Baths
3,008sqft
2122 20Th St, Santa Monica, CA 90405
$2,350,000
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Multi Family
Built in 1929
$-- HOA
7,940 sqft lot
$781/sq.ft
Description
4% assumable interest rate until November 2026! Exceptional six-unit investment opportunity in a prime Santa Monica location, just moments from Santa Monica College. This well-positioned multifamily property features six spacious 1-bedroom, 1-bathroom units, offering strong rental appeal in one of the Westside's most desirable and supply-constrained rental markets.With two vacant units, investors benefit from immediate upside potential through lease-up at market rents or the flexibility for an owner-user strategy. The property currently generates $179,604 in gross annual income, reflecting a 13.64 GRM and a 5% cap rate making it a compelling addition to any multifamily po...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1929
HOA Fees
-
Finished Area
3,008 sqft
Lot Size
7,940 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26653771
MLS Status
Active
Days on Market
101
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