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2248 20th Street Santa Monica, CA 90405
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Key Details
Sold Price $1,850,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC23006589
Bedrooms 4
Lot Size 7,189 Sqft
Property Description
Fantastic opportunity to own a trophy asset in an undeniably attractive neighborhood with tree lined streets and easy access to everything great that Santa Monica has to offer. This charming 4-Plex has a detached front home with a large private front yard and a shared courtyard in back. On the other side of the courtyard are three more units and a 4-car garage. There is also ample parking behind the garage and in the front driveway. The property already has great income ($8,854/m) and offers many possibilities to add to the income. The front house can be expanded if the new owner wants to build their dream home while continuing to have income units in the back, and there is also the possibility to build a free-standing ADU in the courtyard or convert the garages into an ADU. This is a great property for an investor or someone looking to buy a home with rental income!
Fantastic opportunity to own a trophy asset in an undeniably attractive neighborhood with tree lined streets and easy access to everything great that Santa Monica has to offer. This charming 4-Plex has a detached front home with a large private front yard and a shared courtyard in back. On the other side of the courtyard are three more units and a 4-car garage. There is also ample parking behind the garage and in the front driveway. The property already has great income ($8,854/m) and offers many possibilities to add to the income. The front house can be expanded if the new owner wants to build their dream home while continuing to have income units in the back, and there is also the possibility to build a free-standing ADU in the courtyard or convert the garages into an ADU. This is a great property for an investor or someone looking to buy a home with rental income!
Location
State CA
County Los Angeles
Area Santa Monica (90405)
Zoning Public Rec
Interior
Heating Natural Gas
Cooling Attic Fan, Wall/Window
Building
Lot Description Curbs
Others
Monthly Total Fees $451
Acceptable Financing Seller May Carry
Space Rent $4,025
Listing Terms Seller May Carry
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Bought with NON LISTED AGENT • San Diego