USACASanta Monica2122 20Th St
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New
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$2,450,000

For Sale

A day ago

2122 20 Th St, Santa Monica, CA

MLS® 26653771

6 Bed

6 Bath

3008 sqft

6 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 3008 sqft
Garage Yes
HOA Fees 
Taxes 
Days Active 1
Approx. Age 1929
Avg. Price Per Sqft $814
MLS® Number 26653771

Property Address: 2122 20th St, Santa Monica, CA, 90405-1736

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional six-unit investment opportunity in a prime Santa Monica location, just moments from Santa Monica College. This well-positioned multifamily property features six spacious 1-bedroom, 1-bathroom units, offering strong rental appeal in one of the Westside's most desirable and supply-constrained rental markets.With two vacant units, investors benefit from immediate upside potential through lease-up at market rents or the flexibility for an owner-user strategy. The property currently generates $179, 604 in gross annual income, reflecting a 13.64 GRM and a 5% cap rate making it a compelling addition to any multifamily portfolio.Value-add opportunity: The rear storage area and existing garages present excellent potential for ADU conversion (buyer to verify), creating a meaningful opportunity to increase unit count and substantially enhance long-term cash flow and asset value.Tenants enjoy close proximity to world-class beaches, premier shopping and dining, and convenient access to major employment hubs throughout the Westside and Greater Los Angeles area. This is a rare opportunity to acquire a stable coastal asset with built-in upside in one of Southern California's most sought-after communities.
MLS® Number26653771
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1929
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 24, 2026List Date
$2,450,000List Price
  • Commute

Commute

Starting Address
Destination Address
2122 20 Th St, Santa Monica, CA

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