2332 20th St, Santa Monica, CA 90405
Local realty services provided by:CENTURY 21 Masters
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 significant upside in a prime Santa Monica neighborhood....
Contact an agent
Home facts
- Year built:1941
- Listing ID #:SB25274469
- Added:140 day(s) ago
- Updated:May 01, 2026 at 07:32 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
New listings near 2332 20th St
- New
$949,000Active2 beds 2 baths1,014 sq. ft.1101 Lincoln Boulevard #1, Santa Monica, CA 90403
MLS# 26827715Listed by: EXP REALTY OF GREATER LOS ANGELES - New
$1,250,000Active1 beds 2 baths1,153 sq. ft.1705 Ocean Avenue #210, Santa Monica, CA 90401
MLS# WS26070527Listed by: PINNACLE REAL ESTATE GROUP - Open Sun, 2 to 5pmNew
$1,650,000Active3 beds 3 baths1,750 sq. ft.2912 Montana Avenue #2, Santa Monica, CA 90403
MLS# 26817359Listed by: COMPASS - Open Sun, 2 to 5pmNew
$999,000Active4 beds 2 baths1,176 sq. ft.1304 Berkeley Street #3, Santa Monica, CA 90404
MLS# 26823485Listed by: COMPASS - Open Sun, 2 to 5pmNew
$745,000Active2 beds 2 baths888 sq. ft.1447 Franklin Street #5, Santa Monica, CA 90404
MLS# 26770139Listed by: COMPASS - Open Sat, 1 to 4pmNew
$1,035,000Active2 beds 1 baths916 sq. ft.420 Marine Street #3, Santa Monica, CA 90405
MLS# PW26074396Listed by: COLDWELL BANKER REALTY - New
$2,495,000Active2 beds 1 baths1,571 sq. ft.2521 33rd Street, Santa Monica, CA 90405
MLS# 26827769Listed by: COMPASS - Open Sun, 2 to 5pmNew
$1,799,999Active3 beds 3 baths1,717 sq. ft.2920 11th Street #6, Santa Monica, CA 90405
MLS# 26827717Listed by: AMALFI ESTATES - Open Sun, 2 to 5pmNew
$6,595,000Active4 beds 4 baths2,947 sq. ft.719 San Lorenzo Street, Santa Monica, CA 90402
MLS# 26827493Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$4,999,999Active2 beds 3 baths2,100 sq. ft.1755 Ocean Avenue #603, Santa Monica, CA 90401
MLS# 26825197Listed by: DOUGLAS ELLIMAN OF CALIFORNIA, INC.