2420 20TH Street

    Santa Monica, CA 90405
    • $1,950,000
    • STATUS: Active
    • ON SITE: 90 days
    • ID#: 19488670
    UPDATED: 70 min ago
    $1,950,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,020
      SQFT
    • $646
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1945
    County:

    School Ratings & Info

    Description

    Price Reduction and 3 units shall be delivered vacant! Property tour this coming Friday, September 20th, from noon - 2pm. This beautifully private 5-unit apartment building located half a block away from Santa Monica College and Ocean Park Blvd. 2420 20th Street offers students an incredibly desirable living situation that is walking distance to the college. It is a popular location for foreign exchange students that do not have vehicles while studying abroad. This building has been incredibly well maintained over the years and all seismic retrofitting has been paid for by the Seller. This apartment complex is part of a 5-building portfolio sale and can be purchased individually or as a package with 4 other properties. Please do NOT disturb the tenants. All showings will be subject to an accepted offer.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T22:32:29.957. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/96891584

    2420 20TH Street Santa Monica, CA 90405

    • Price: $1,950,000
    • Status: Active
    • Updated: 70 min ago
    • ID#: 19488670
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,020
    SQFT
    $646
    $/SQFT
    1945
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    Price Reduction and 3 units shall be delivered vacant! Property tour this coming Friday, September 20th, from noon - 2pm. This beautifully private 5-unit apartment building located half a block away from Santa Monica College and Ocean Park Blvd. 2420 20th Street offers students an incredibly desirable living situation that is walking distance to the college. It is a popular location for foreign exchange students that do not have vehicles while studying abroad. This building has been incredibly well maintained over the years and all seismic retrofitting has been paid for by the Seller. This apartment complex is part of a 5-building portfolio sale and can be purchased individually or as a package with 4 other properties. Please do NOT disturb the tenants. All showings will be subject to an accepted offer.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features Washer Included

    Property Features

    Cap Rate 4.37 Gross Multiplier 14.95 Gross Operating Income 130452.00 Improvements Amount 195385 Land Value 275406 Laundry YN Yes Net Operating Income 81255.00 Special Listing Conditions Standard Total Expenses 41919.00 Zoning Smr2*

    Listing provided courtesy of Chase Simonton of Keller Williams-Santa Monica and Jason Flashman of Keller Williams-Santa Monica


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T22:32:29.957. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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