Santa Monica, CA 90405,2332 20th St
Santa Monica, CA 90405,2332 20th St
Santa Monica, CA 90405,2332 20th St
25
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$2,350,000
Est. payment /mo
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7,165 Sqft Lot
Price Dropped by $100K

2332 20th St Santa Monica, CA 90405

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Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25274469

HOA Y/N No

Year Built 1941

Lot Size 7,165 Sqft

Property Sub-Type Mixed Use

Property Description

We are pleased to present 2332 20th Street in Santa Monica. Operating at a 5.52% CAP rate and 12.3 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.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Interior

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 5

Pool None

Community Features Curbs, Golf, Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description Lawn, Landscaped

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4273021014

Energy Description 243.0

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard


CRMLS – RECore
Listed by Larson Harley Lyon Stahl Investment Real Estate, Inc. 949-933-1112

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Edison Language Academy

    Public | PK - 5

  • 10

    Westwood Charter Elementary School

    Public | KG - 5

  • 9

    Canyon Charter Elementary

    Public | KG - 5

  • 9

    Franklin Elementary School

    Public | PK - 5

  • 9

    Grant Elementary School

    Public | PK - 5

  • 9

    Mar Vista Elementary

    Public | KG - 5

  • 9

    Fairburn Avenue Elementary School

    Public | KG - 5

  • 9

    Clover Avenue Elementary School

    Public | KG - 5

  • 8

    Roosevelt Elementary School

    Public | KG - 5

  • 8

    Santa Monica Alternative (K-8)

    Public | KG - 8

  • 8

    McKinley Elementary School

    Public | KG - 5

  • 8

    Will Rogers Learning Community

    Public | KG - 5

  • 8

    Broadway Elementary School

    Public | KG - 5

  • 8

    Coeur d'Alene Avenue School

    Public | KG - 5

  • 8

    Richland Avenue Elementary

    Public | KG - 6

  • 8

    Ocean Charter

    Public | KG - 8

  • 7

    Nora Sterry Elementary School

    Public | KG - 5

  • 6

    Short Avenue Elementary

    Public | KG - 6

  • 6

    Grand View Boulevard Elementary School

    Public | KG - 5

  • 5

    John Muir Elementary School

    Public | PK - 5

Middle Schools 13
  • 9

    Lincoln Middle School

    Public | 6 - 8

  • 8

    Paul Revere Charter School

    Public | 6 - 8

  • 8

    New West Charter

    Public | 6 - 10

  • 7

    John Adams Middle School

    Public | 6 - 8

  • 6

    Emerson Community Charter

    Public | 6 - 8

  • 5

    Mark Twain Middle School

    Public | 6 - 8

  • 5

    Magnolia Science Academy 4

    Public | 6 - 12

  • 4

    Daniel Webster Middle School

    Public | 6 - 8

  • 0

    Fusion Academy - los Angeles

    Private | 6 - 12

  • 0

    City Charter Middle School

    Public | 6 - 8

  • 0

    James J. Mcbride Special Education Center

    Public | 6 - 12

  • 0

    Windward School

    Private | 7 - 12

  • 0

    Westview School

    Private | 7 - 12

High Schools 10
  • 9

    Santa Monica High School

    Public | 9 - 12

  • 7

    Animo Venice Charter High School

    Public | 9 - 12

  • 6

    University High School Charter

    Public | 9 - 12

  • 6

    Venice High School

    Public | 9 - 12

  • 0

    St Monica Catholic High School

    Private | 9 - 12

  • 0

    Pacifica Christian High School

    Private | 9 - 12

  • 0

    Olympic High (Continuation)

    Public | 9 - 12

  • 0

    Lighthouse Christian Academy

    Private | 9 - 12

  • 0

    Arete Preparatory Academy

    Private | 9 - 12

  • 0

    Phoenix Continuation

    Public | 9 - 12

School and business data provided by Attom Data.

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Anthony Arnold

Anthony Arnold

Agent | License ID: 02066557

+1(619) 609-3046

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2332 20th St