2332 20th St, Santa Monica, CA 90405

Santa Monica
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
2332 20th St,Santa Monica, CA 90405
$2,250,000
  • - Beds
  • - Baths
  • 5,420 sq. ft.
  • Multi-family
  • Pending
Listed by: larson harley
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB25274469
Source:CRMLS

Price summary

  • Price:$2,250,000
  • Price per sq. ft.:$415.13

About this home

We are pleased to present 2332 20th Street in Santa Monica. Operating at a 5.82% CAP rate and 11.76 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...

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Home facts

  • Year built:1941
  • Listing ID #:SB25274469
  • Added:295 day(s) ago
  • Updated:May 31, 2026 at 07:36 AM

Rooms and interior

  • Living area:5,420 sq. ft.

Structure and exterior

  • Year built:1941
  • Building area:5,420 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Landscaped, Lawn

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,250,000
  • Price per sq. ft.:$415.13

Parking

  • Total parking spaces:6
  • Parking description:5 Carport Space(s)
  • Carport spaces:5
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