1829 20Th Street

Santa Monica, CA 90404

PRICE REDUCED

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-$125,000 (-4.39%)

$2,725,000

List Price

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5,203 sqft

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1962

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Property Description

INCREDIBLE ASSUMABLE FINANCING. This high-quality multifamily asset in prime Santa Monica was built in 1962 and features 6 units with a gross square footage of 5,203. These spacious floor plans feature 1, 2 and 3-bedroom options. Most of the units have been highly upgraded to include kitchens with quartz counters, bathrooms with floor to ceiling subway tile, and living areas with modern plank flooring and recessed lighting. 1829 20th Street is ideally located just south of the 10 Freeway with easy access to both the beach and the greater Westside. Downtown Santa Monica is 2 miles to the west while West LA and the 405 freeway lie only 1.5 miles east. 20th Street is also walking distance to many neighborhood attractions including outstanding restaurants, bars, and retail along Santa Monica Blvd, Broadway, and Wilshire Boulevard just to the north. For the savvy investor, 1829 20th Street provides a well-managed and highly sought after property with significant future upside potential in one of the most desirable locations Los Angeles has to offer.1829 20th St's assumable loan has an approximate balance of $946K with fully amortized payments and a fixed rate of 2.97% until 12/1/2026.

Listing Information

List Price $2,725,000
Status Active
MLS 24418677
Type Residential Income
Year Built 1962
Lot Size 6,795
Structure Size 5,203
DOM 43
Courtesy Of REMAX COMMERCIAL & INVESTMENT REALTY
Listing Agent Jacob Plewa DRE#02041641

Interior Features

Exterior Information

Maps

Listing information courtesy of: Jacob Plewa, REMAX COMMERCIAL & INVESTMENT REALTY . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 4th, 2024 at 8:14 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.