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$2,725,000
Est. payment /mo
5,203 SqFt
Active
1829 20th ST Santa Monica, CA 90404
UPDATED:
09/30/2024 06:26 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,203 sqft
Price per Sqft $523
MLS Listing ID 24418677
HOA Y/N No
Year Built 1962
Lot Size 6,795 Sqft
Property Description
INCREDIBLE ASSUMABLE FINANCING. This high-quality multifamily asset in prime Santa Monica was built in 1962 and features 6 units with a gross square footage of 5,203. These spacious floor plans feature 1, 2 and 3-bedroom options. Most of the units have been highly upgraded to include kitchens with quartz counters, bathrooms with floor to ceiling subway tile, and living areas with modern plank flooring and recessed lighting. 1829 20th Street is ideally located just south of the 10 Freeway with easy access to both the beach and the greater Westside. Downtown Santa Monica is 2 miles to the west while West LA and the 405 freeway lie only 1.5 miles east. 20th Street is also walking distance to many neighborhood attractions including outstanding restaurants, bars, and retail along Santa Monica Blvd, Broadway, and Wilshire Boulevard just to the north. For the savvy investor, 1829 20th Street provides a well-managed and highly sought after property with significant future upside potential in one of the most desirable locations Los Angeles has to offer.1829 20th St's assumable loan has an approximate balance of $946K with fully amortized payments and a fixed rate of 2.97% until 12/1/2026.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Heating Central
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Dryer
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4274010024
Special Listing Condition Standard
Listed by Jacob Plewa • REMAX COMMERCIAL & INVESTMENT REALTY