5-Unit Apartment
For Sale
$2,280,000
2517 20th St, Santa Monica, CA 90405
Updated multifamily property with remodeled units, laundry options, parking, and recent seismic improvements.
Property Size3,219 SF
Days on Market198
Property Features for 2517 20th St
General Information
Standard status
Active
Size
3,219 SF
Property subtype
Multi-Family
Building Details
Building Size
3,219 SF
Year Built
1938
Stories
2
Listing Agency:
Coldwell Banker Realty
Listed By:
Julie Lovett
(310) 458-0091
Source:
Danitatabron.kw
Added: Feb 19
Changed: Aug 29
Last Checked: Sep 4 at 2:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This 5-unit apartment property, constructed in 1938, includes three one-bedroom/one-bath residences and two two-bedroom/one-bath residences. Four units have been remodeled with refinished hardwood floors, quartz or granite countertops, and tiled showers. Three units offer in-unit laundry, while the remaining two have private laundry facilities within their garages. Split AC is installed in three units.
Recent capital work includes soft-story and seismic retrofit improvements, a new roof on the rear building installed in January 2025, and a recoated front building completed in late 2024. Two front units include individual enclosed garages, and three units have assigned parking. The property is 100% occupied and includes professional property management. It is located in Santa Monica near transportation, schools, shopping, and parks, with a Pro-Forma Cap Rate of 4.69%.
Recent capital work includes soft-story and seismic retrofit improvements, a new roof on the rear building installed in January 2025, and a recoated front building completed in late 2024. Two front units include individual enclosed garages, and three units have assigned parking. The property is 100% occupied and includes professional property management. It is located in Santa Monica near transportation, schools, shopping, and parks, with a Pro-Forma Cap Rate of 4.69%.
Key Highlights
- 5‑unit property with three 1‑bedroom/1‑bath units and two 2‑bedroom/1‑bath units
- Four of five units remodeled with refinished hardwood floors, quartz/granite countertops, and tiled showers
- Three units include in‑unit laundry; two have private laundry inside their garage
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,900
Businesses Nearby
Explore this area
Business Placement
Demographics for 90405, CA
27,966
Population
15,726
Households
1.8
Avg Household Size
43
Median Age
70%
College-Educated
96%
High-School Grad
2.8 sq mi
ZIP Area
9,988
Density / Sq Mi
$114,489
Median Household Income
$84,727
Median Earnings
$2,311
Median Rent
$1,940,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated multifamily property with remodeled units, laundry options, parking, and recent seismic improvements.
Where is this apartment building located?
The property is located at 2517 20th St Santa Monica, CA.
What is the asking price?
The asking price for this property is $2,280,000.
What are key features of this property?
This property features: 5‑unit property with three 1‑bedroom/1‑bath units and two 2‑bedroom/1‑bath units; Four of five units remodeled with refinished hardwood floors, quartz/granite countertops, and tiled showers; Three units include in‑unit laundry; two have private laundry inside their garage
