2332 20th St St, Santa Monica, CA 90405 (MLS # SB25274469)

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PRICE $2,450,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 5,420 sqft
LOT SIZE 7,166 sqft
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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 carport spaces with alley access. Just one block from Santa Monica College and moments from Ocean Park's vibrant retail and dining, the property offers an unbeatable location with easy access to the 10 Freeway. This is a rare chance to acquire a well-maintained, income-producing building with both immediate returns and significant upside in a prime Santa Monica neighborhood.

DAYS ON MARKET 38 LAST UPDATED 1/7/2026
YEAR BUILT 1941 COMMUNITY C14 - Santa Monica
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA C14 - Santa Monica
LOT 7166 sq ft
LOT DESCRIPTION Landscaped
LOT DIMENSIONS 7167
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
WATER Public
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Listed with Lyon Stahl Investment Real Estate, Inc.

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