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$3,895,000

Est. payment - /mo

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12 Beds

6 Baths

5,748 SqFt

New

1838 20TH ST Santa Monica, CA 90404

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Gwendolyn Thomas

gwen@gwenthomasrealtor.com +1(702) 265-5005

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,748 sqft

Price per Sqft $677

MLS Listing ID 25605965

Style Contemporary

Bedrooms 12

Construction Status Updated/Remodeled

Year Built 1963

Lot Size 7,595 Sqft

Acres 0.1744

Property Sub-Type Multi-Family

Property Description

1031 Exchange and Passive Income Investors: Park your cash in this turnkey, fully renovated six-unit building with TWO VACANT UNITS in a prime Santa Monica location and a projected 4 - 5% CAP! Offering both stability and flexibility, this property is ideal for investors and owner-users alike - two vacant units are ready to rent at market rates or occupy for the perfect blend of income and coastal living. Fully remodeled from top to bottom, this building is truly turnkey - a dream for those seeking a low-maintenance, high-return investment in one of the Westside's most sought-after rental markets. The unit mix includes (2) 2-bedroom + den units - each with flexible space that can function as a third bedroom, and (4) classic 2-bedroom/1-bath layouts. Five of the six units have been newly updated with split-system A/C, double-paned windows, upgraded electrical, sleek vinyl flooring, and abundant natural light. Tenants will love the modern touches throughout, from recessed lighting and chic wallpaper to designer-tiled bathrooms. The kitchens shine with brand-new stainless-steel appliances, two-toned glossy cabinetry, and quartz countertops. A sunny communal courtyard offers the perfect outdoor hangout for tenants, while the property also features TONS of parking with four covered carport spaces, two private one-car garages, and on-site laundry for additional income. Each unit has its own unique character- an unbeatable combination in one of LA's most desirable coastal markets. Just half a mile from the beach and minutes to Ocean Park's vibrant restaurants, cafes, Whole Foods, the Farmers Market, and the Expo Line. A true Santa Monica gem offering the best of both worlds: effortless income, long-term growth, and the coastal lifestyle everyone wants.

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMR2*

Rooms

Other Rooms None

Dining Room 0

Kitchen Quartz Counters

Interior

Interior Features Turnkey, Common Walls, Recessed Lighting

Heating Wall

Cooling Other, Air Conditioning

Flooring Vinyl

Fireplaces Type None

Equipment Ceiling Fan, Microwave, Freezer, Range/Oven, Refrigerator, Garbage Disposal

Laundry Laundry Area, Community

Exterior

Parking Features Carport Attached, Garage, Side By Side, Garage Is Attached, Covered Parking, On street

Garage Spaces 6.0

Pool None

Waterfront Description None

View Y/N No

View None

Building

Lot Description Fenced, Fenced Yard, Landscaped

Story 2

Sewer In Street

Water Public

Architectural Style Contemporary

Level or Stories Two, Mid Level

Construction Status Updated/Remodeled

Schools

School District Santa Monica-Malibu Unified School District

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

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.

Listed by Pardee Properties

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Gwendolyn Thomas

Agent | RE.S.0186243

+1(702) 265-5005

1838 20TH ST Santa Monica, CA 90404

Gwendolyn Thomas

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1838 20TH ST