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    1838 20Th St Santa Monica, CA 90404

    For Sale
    $3,495,000

    MULTI_FAMILY - SANTA MONICA, CA

    Property size:
    5,748 SF
    Lot size:
    0.17 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 14 at 2:06 pm

    Property Features for 1838 20Th St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Window features
    Double Pane Windows
    Zoning
    SMR2*
    Rooms
    Bedroom 1, Bathroom 5, Bedroom 6, Bedroom 11, Bedroom 9, Bathroom 1, Bedroom 7, Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 4, Bedroom 8, Bathroom 3, Bedroom 5, Bedroom 10, Bathroom 6, Bedroom 3, Dining Room, Bedroom 12
    Bedrooms
    12
    Bathrooms
    6
    APN
    4274-011-015
    Parking
    6
    Parking features
    On Street, Carport, Covered, Garage, Side By Side, Garage - Attached
    Patio and Porch features
    Patio
    Interior features
    Turnkey, Common Walls, Recessed Lighting
    Appliances
    Microwave, Range, Oven
    Size
    5,748 SF
    Lot size
    0.17 Acres

    Utilities

    Water source
    Public

    Building Details

    Year built
    1963
    Floors in Building
    2
    Number of units
    6
    Flooring type
    Vinyl

    Pardee Properties (310) 907-6517 [email protected]

    Listing agent Emma Russell (310) 907-6517 License #02007330

    Listing date Nov 12, 2025

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Santa Monica Income Property

    This fully renovated six-unit building is located in Santa Monica. The property is ideal for investors and owner-users. Two units are vacant and ready to rent at market rates or occupy. The building has been remodeled from top to bottom. The unit mix includes two 2-bedroom + den units, each with flexible space that can function as a third bedroom, and four classic 2-bedroom/1-bath layouts. Five of the six units have been newly updated with split-system A/C, double-paned windows, upgraded electrical, sleek vinyl flooring, and abundant natural light. The kitchens feature stainless-steel appliances, two-toned glossy cabinetry, and quartz countertops. A communal courtyard offers an outdoor hangout for tenants. The property also features four covered carport spaces, two private one-car garages, and on-site laundry for additional income. The property is located half a mile from the beach and minutes to Ocean Park's restaurants, cafes, Whole Foods, the Farmers Market, and the Expo Line. The lot size is 0.1744 acres and the property size is 5748 square feet. The zoning is SMR2*.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    1031 exchange properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Monica
    County
    Los Angeles
    State
    California
    Longitude
    -118.472749
    Latitude
    34.021999

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    FAQs

    What type of property is this?
    Apartment building - Fully renovated six-unit building in prime Santa Monica location.
    Where is this apartment building located?
    The property is located at 1838 20Th St Santa Monica, CA.
    What is the asking price?
    The asking price for this property is $3,495,000.
    What are key features of this property?
    This property features: - Prime Santa Monica location, half a mile from the beach and close to amenities.; - **Turnkey, fully renovated six-unit building with two vacant units** ready for market-rate rental or owner occupancy.; - Projected 4-5% CAP rate, ideal for 1031 exchange and passive income investors.
    (310) 907-6517
    Request Owner's contact information
    1838 20Th St Santa Monica, CA 90404
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    Santa Monica, CA 90404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1838 20Th St Santa Monica, CA 90404
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