$2,150,000

Estimated payment $13,809/month

Total Views 37
8 Beds
9 Baths
4,912 Sq Ft
$438 Price per Sq Ft

Highlights

  • 0.31 Acre Lot
  • 13 Car Detached Garage
  • Crown Molding
  • Grant Elementary School Rated A+
  • Built-In Features
  • 1-Story Property

About This Home

Offered as part of a rare six-property portfolio, 2411-2417 20th Street, Santa Monica, CA 90405 presents an exceptional opportunity to acquire a generationally held asset in one of the most sought-after coastal rental markets in Los Angeles. Owned by the same family for over 50 years, the property embodies the character, charm, and long-term pride of ownership that is increasingly difficult to find particularly in Santa Monica's coveted Sunset Park neighborhood. Originally constructed in 1935, the property consists of 7 bungalow-style units situated on an expansive 13,514 square foot lot, offering a low-density, highly desirable living environment. The improvements are thoughtfully arranged across beautifully landscaped grounds, creating a private, residential feel that strongly appeals to tenants seeking a more home-like setting rather than traditional apartment living. The property features an excellent unit mix comprised of 1 studio unit with a full kitchen, 4 one-bedroom/one-bath units, and 2 two-bedroom/two-bath units, providing a balanced blend of unit types that cater to a wide tenant base. The units offer spacious, well-designed layouts flooded with natural light and enhanced by hardwood flooring, crown moldings, generously sized kitchens, bathrooms, and closets, further reinforcing the asset's timeless appeal. Operationally, the property benefits from upgraded electrical panels, while still presenting significant upside in rents, allowing a new owner to capture meaningful income growth while preserving the charm and integrity of the asset.From a location standpoint, 2411-2417 20th Street is ideally positioned in Sunset Park, one of Santa Monica's most vibrant and desirable neighborhoods. The property is just moments from Main Street, a lively destination known for its boutique retail, cafes, fitness studios, and some of the Westside's most popular dining spots. Residents also enjoy close proximity to SantaMonica Beach, offering immediate access to the ocean, bike paths, and outdoor lifestyle that defines coastal living. The surrounding area is anchored by strong fundamentals, including proximity to Santa Monica High School and other highly regarded schools, as well as convenient access to neighboring Westside hubs such as Venice, Mar Vista, and Santa Monica's broader retail and employment centers. The location offers a seamless blend of coastal lifestyle, walkability, and urban convenience, making it one of the most consistently in-demand rental markets in Los Angeles. For investors seeking a low-density, character-rich asset with substantial rental upside in a premier coastal location, 2411-241720th Street represents a truly rare opportunity.

Listing Agent

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169 Listed on: 05/27/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 13,518 Sq Ft Lot

Interior Spaces

  • 4,912 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 9 Bathrooms

Parking

  • 13 Car Detached Garage
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Buildings
  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 4273-018-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0.31 Acres

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 4912
  • Lot Acreage: 0.3103
  • Stories: 1
  • Year Built: 1935
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 9.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 437.70

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned, Detached
  • Total Parking: 13

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 18.18
  • Assessed Improvement Value: 176823
  • Assessed Land Percent: 81.82
  • Assessed Land Value: 795757
  • Total Assessed Value: 972580
  • Assessor Parcel Number: 4273-018-014
  • Lot Size Area: 13518

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.89
  • Number Of Units: 7
  • Type Of Units: 2s,1s,s

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2026 05/27/26 For Sale $2,150,000 -- $438 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 26839365

The MLS
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