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Listed by: Larson Harley (949) 933-1112 DRE #02045736 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$2,450,000
10 Beds
- 6 Baths
--sqft
2332 20Th, Santa Monica, CA 90405
$2,450,000
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Mixed Use
Built in 1941
$-- HOA
7,167 sqft lot
--/sqft
Description
We are pleased to present 2332 20th Street in Santa Monica. Operating at a 5.25% CAP rate and 12.8 GRM, this high-yield asset generates nearly $200,000 in gross annual income with over 30% in rental upside. The property features an ideal unit mix of (3) 2-bed/1-bath units, (2) 1-bed/1-bath units, and a fully remodeled 2-bed/1-bath detached front house (1,288 sq ft), offering excellent owner-user potential.
Major capital improvements—including the renovated front house, upgraded unit interiors, main sewer line replacement, and completed seismic retrofit—provide low future maintenance and strong long-term stability. Additional amenities include on-site laundry and five ca...
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1941
HOA Fees
-
Finished Area
- sqft
Lot Size
7,167 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB25274469
MLS Status
Active
Days on Market
4
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