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2332 20th St, Santa Monica, CA 90405

Santa Monica
Local realty services provided by:CENTURY 21 Epic
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:277 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
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Epic is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Epic, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Mike Southwick

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