938 20th ST Open House Save Request In-Person Tour Request Virtual Tour
Santa Monica,CA 90403
OPEN HOUSE
Sun Aug 17, 2:00pm - 5:00pm Tue Aug 19, 11:00am - 2:00pm
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 9,230 sqft
Price per Sqft $432
MLS Listing ID 25578411
Bedrooms 16
HOA Y/N No
Year Built 1969
Lot Size 7,997 Sqft
Property Description
Rare chance to purchase a pride of ownership multi-family asset in the coveted Franklin School District. Fantastic location in the Wilshire Montana neighborhood on a whimsical tree lined street. This is an ideal opportunity for both savvy investors and discerning owner-users looking to live in a premier neighborhood while generating strong rental income. The crown jewel of this 9,230 sqft building is the expansive 3 bed, 3 bath front "owner's" townhome, offering approximately 2,198 sqft of living space, a private direct access 2-car garage, with laundry, and a charming front patio. Perfectly suited for an owner occupier seeking a single family feel with the added benefit of rental income from six additional units. The well balanced building includes: (1) 3 bed + 3 bath townhome, (2) 3 bed + 3 bath units, (3) 2 bed + 2 bath unit and (1) 1 bed + 1 bath unit. All units are generously sized and updated, with substantial capital improvements throughout, including: copper plumbing, dual-pane windows, new electrical panels, interior renovations and completed soft-story retrofit! Ample parking (11 spaces), and dedicated storage for each unit enhance the property's long-term desirability. Situated on an 7,998 sqft lot in a high demand, rent controlled area, this asset offers both immediate cash flow and strong appreciation potential. Whether you're an investor looking for a stabilized, high quality asset in one of LA's most desirable markets or an owner-user seeking the perfect live and earn situation, this is a rare Santa Monica opportunity not to be missed!
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Interior Features Ceiling Fan(s)
Heating Central,Wall Furnace
Flooring Carpet,Laminate,Wood
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
Exterior
Parking Features Carport,Door-Multi,Garage,Tandem
Total Parking Spaces 11
Building
Story 2
Entry Level Two
Sewer Other
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4277011008
Financing Cash
Special Listing Condition Standard