34.0146598815918 -118.465026855469

2503 20TH ST SANTA MONICA, CA 90405

262989118 34.0146598815918 -118.465026855469 213 /listing/262989118-150289519/2503-20th-st-santa-monica-ca-90405 False 0 1900000.0000 2855 105 5 4 20553940 False
  • $1,900,000
  • 5 bd
  • 4 ba
  • 2,855 sqft
  • 6,753 lot
  • Est payment $10199.61/mo

Property & Neighborhood Info

Courtesy Of Compass

Multi-Family in Santa Monica

Best CAP rate in Santa Monica. Feel the cool ocean breeze on the warmest summer day from this high ROI property. 2Bed 1 bath detached Spanish detached home with 3-1bedroom 1 bath well maintained with hardwood rentals in the rear of the property. One unit delivered unoccupied. Newer windows in two upstairs units in the back. Short distance to"hip" Ocean Park restaurants, gym, and public library. Buyer to perform own due diligence re Santa Monica rent control, square footage and all financial data. Shared laundry room with laundry hookup in place which could add 1,500 in additional income per year. Great for owner user or as an investment property.

Courtesy Of Compass
  1. 5 Beds
  2. 4 Baths
  3. 2,855 Sq. Ft.
  4. 6,753 Lot

Main Features

  • Listing Status: Off Market
  • Year Built: 1936
  • Garage: 2.0
  • Floors: 2
  • County: LOS ANGELES
  • Units: 4
  • Zoning: SMR2*
  • MLS Number:20553940

Additional Features

  • Appliances:
    • Free Standing Gas
    • Range
    • Refrigerator
  • Cooling:
    • None
  • Faces:
    • Faces West
  • Fireplace Location:
    • Living Room
  • Flooring:
    • Hardwood
  • Heating:
    • Wall Heater
  • Kitchen Description:
    • Tile Counters
  • Levels:
    • Multi Levels
  • Owner Pays:
    • Gardener
    • Water
  • Parking:
    • Driveway
  • Patio:
    • Patio Open
  • Possession:
    • CloseOfEscrow
  • Special Conditions:
    • Standard Sale
  • Tenant Pays:
    • Cable TV
    • Electricity
    • Gas
  • TV Service:
    • Cable TV
  • View:
    • City View
  • Annual Expenses:
    • 34847.00
  • Cap Rate:
    • 4.40
  • Gross Income:
    • 112248.00
  • Insurance Exp:
    • 4470.00
  • Listing Agent License Number:
    • 01947786
  • LP Per SQFT:
    • 665.5
  • Management Exp:
    • 2000.00
  • Net Operating Income:
    • 84400.00
  • Parking Spaces:
    • 7
  • SQFT Source:
    • Public Records
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
34.0146598815918 -118.465026855469

2503 20TH ST SANTA MONICA, CA 90405

262989118 34.0146598815918 -118.465026855469 213 /listing/262989118-150289519/2503-20th-st-santa-monica-ca-90405 False 0 1900000.0000 2855 105 5 4 20553940 False
  • $1,900,000
  • 5 bd
  • 4 ba
  • 2,855 sqft
  • 6,753 lot
  • Est payment $10199.61/mo