2401 2405 20Th

Santa Monica, CA 90405 Active for $2,950,000

Overview
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Beds: 10 Baths: 9 Structure Size: 7,148 sqft Lot Size: 13,520 sqft

Property Facts

MLS	25496625
Year Built
Property Type
County	Los Angeles
Status	Active
Active	$2,950,000
Structure Size	7,148 sqft
Lot Size	13,520 sqft
Beds	10
Baths	9

Description

Located in one of Santa Monica's most coveted neighborhoods, this exceptional multi-unit property presents a rare opportunity for both investors and owner-users. Available for the first time in decades, the property spans a desirable double lot over 13,500 sq ft and features four structures with a well-balanced unit mix designed for strong rental demand. Brimming with vintage charm, the property showcases original architectural details, abundant natural light, and spacious interiors. The unit mix consists of (2) two-bedroom, one-bath units and (7) one-bedroom, one-bath units, with select residences offering washer/dryer hookups and hardwood floors. The owner's unit, a two-bedroom, one-bath plus a den, will be delivered vacant, presenting an excellent opportunity for immediate occupancy or high-value leasing. Additional property highlights include multiple on-site parking spaces and potential for ADU development (buyer to verify). The soft-story retrofit was successfully completed in Q4 2020, ensuring compliance and structural integrity. Situated within walking distance of top-rated schools, premier shopping, dining, and transit options, this asset benefits from a consistently strong rental market and the long-term appreciation of a premier coastal location. A rare offering in an irreplaceable setting, this property is an outstanding investment for those seeking stability, growth, and value in Santa Monica's competitive real estate landscape.

Listing information courtesy of: Benjamin Shapiro, Nourmand & Associates-BH 310-274-4000. *Based on information from the Association of REALTORS/Multiple Listing as of 03/19/2025 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.