# 2517 20th St, Santa Monica, CA 90405

> **TL;DR:** 7bd/5ba residential multi family, $2,485,000 ($772/sqft), built 1938, 3,219 sqft.
> Hardwood, A/C. Est. $10,768/mo. Listed 50 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,485,000 |
| Price/sqft | $772 |
| Bedrooms | 7 |
| Bathrooms | 5 full |
| Square Feet | 3,219 |
| Year Built | 1938 |
| Lot Size | 6,765 sqft (0.16 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 50 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $10,768 |
| **Total** | **$10,768** |

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- Built in 1938
- 0.16 acre lot
- 2 stories

## Description

### Agent Description
This exceptionally charming 5-unit multi-family property presents an incredible investment opportunity in a prime Santa Monica location. Built in 1938 this updated property has immense appeal and offers long-term growth potential. The property has been meticulously maintained. There are three 1 bedroom/1 bathroom units plus two 2 bedroom/1 bathroom units. Four of the five units have been remodeled; three feature in-unit laundry, the other two units have private laundry inside their garage. There are refinished hardwood floors, three of the five units have split AC units, quartz/granite countertops and tiled showers. In January 2025 a new roof was installed on the rear building, and in late 2024 the front building was recoated. Two of the front units have individual enclosed garages; three units have assigned parking. This property offers both immediate rental income and long-term growth potential. This property has just undergone significant capital improvements including soft story/seismic retrofit work, resulting in a building that is fully stabilized and ready to go. Centrally located near transportation, schools, shopping, parks, and the best Santa Monica has to offer. Operating at a 100% occupancy, the property yields a highly attractive Pro-Forma Cap Rate of 4.69%. The current tenants are professionals and the units are well maintained. This is a fantastic opportunity for investors seeking a steady cash flow in a thriving, rent resilient market. There is an excellent property management company in place. This is rare turnkey acquisition.

## Location

- **Address:** 2517 20th St, Santa Monica, CA 90405
- **County:** Los Angeles
- **Coordinates:** 34.014329, -118.464753
- **Google Maps:** https://www.google.com/maps?q=34.014329,-118.464753

## Listing Agent

- **Name:** Julie Lovett
- **Brokerage:** Coldwell Banker Realty
- **Phone:** 3105707593
- **Email:** jlovett333@gmail.com

## Primary Photo

![2517 20th St - Primary Photo](http://lh.rdcpix.com/90faeb8ec2b9977a9c22d668acd68044l-f2810645890r.jpg)

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**MLS#:** 26654207 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/2517-20th-st-santa-monica-ca-90405-26654207)

---

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