2332 20th St, Santa Monica, CA 90405

Santa Monica
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
2332 20th St,Santa Monica, CA 90405
$2,275,000
  • - Beds
  • - Baths
  • 5,420 sq. ft.
  • Multi-family
  • Active
Listed by: larson harley
Office: lyon stahl investment real estate, inc.
MLS#:SB25274469
Source:CRMLS

Price summary

  • Price:$2,275,000
  • Price per sq. ft.:$419.74

About this home

We are pleased to present 2332 20th Street in Santa Monica. Operating at a 5.74% CAP rate and 11.89 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:107 day(s) ago
  • Updated:March 28, 2026 at 01:23 PM

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:$2,275,000
  • Price per sq. ft.:$419.74

Features and amenities

  • Laundry features:Common Area

Parking

  • Total parking spaces:6
  • Parking description:5 Carport Space(s)
  • Carport spaces:5
Based on information from California Regional Multiple Listing Service, Inc. as of March 29, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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