Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

6

Building size

6,982 sqft

Lot size

6,770 sqft

Year built

1968

Stories

2

Status

Active

Days on market

0

MLS #

248793304

About this property

2331 20th Street is a beautiful six-unit apartment building located in a prime Sunset Park location, close to Santa Monica's restaurants, shopping and parks. The centerpiece is a spectacular three-bedroom, two-and-one-half-bath townhome owner's unit. This spacious two-level residence features generous living and dining areas, a fireplace, a beautifully appointed kitchen and abundant storage, combining the comfort of a private home with the benefits of an income-producing property.The remaining residences include three two-bedroom, two-bath apartments and two one-bedroom, one-bath apartments. Some of the additional units have stylish laminate flooring, bright and spacious living rooms, separate dining areas and kitchens with ample cabinetry, electric stoves, dishwashers and refrigerators. Other appealing features found in select apartments include walk-in closets, built-in storage and full bathtub and shower combinations.Private patios or balconies in select apartments extend the living space outdoors. On-site laundry and covered parking add everyday convenience, while the quiet, six-unit setting offers a more intimate residential experience.For an owner-user, the townhome offers an exceptional place to live while collecting rental income from five other apartments.For an investor, the spacious townhome, varied apartment mix and strong rental income make this property an appealing opportunity in Santa Monica's desirable Sunset Park neighborhood.

Location

2331 20th Street

Santa Monica, Los Angeles, CA, 90405