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938 20th Street

Santa Monica, CA 90403
  • $4,795,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: 24353601
Price Reduced
UPDATED: 43 min ago
$4,795,000
  • 16
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,230
    SQFT
  • $520
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1969
County:

School Ratings & Info

Listing Agent(s): David Schuchman of Roque & Mark Company, Inc. (310-828-7525)


Description

REDUCED!! Ultimate OWNER/USER opportunity in the Franklin School District of Santa Monica! True pride of ownership building located steps to Montana Ave and North of Wilshire. Front owner townhome is a 3 bed + 3 bath with approx. 2,300 sf of living space and a huge 2-car attached garage with separate laundry area, just for this unit. Perfect layout for a family and has a lovely front patio area. Large building with over 9,200 sf of living area on an 8,000 sf lot. Excellent unit mix consisting of (1) 3 bed +3 bath owner townhouse, (2) 3 bed + 3 bath, (3) 2 bed + 2 bath, and (1) 1 bed + 1 bath. Excellent parking with 7 individual spaces and 13 spaces total if used as tandem. Every unit comes with a storage unit in the parking area. Gated entry for added security. Substantial capital improvements to the entire building including copper plumbing, dual pane windows throughout, new electrical panel, interior remodels, and more. Soft-story retrofit was completed after earthquake and is not required. Subject to Santa Monica rent control.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-05T09:31:59.717. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/147140765
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938 20th Street Santa Monica, CA 90403

  • Price: $4,795,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 43 min ago
  • ID#: 24353601
16
Beds
0
Baths
0
½ Baths
0.18
Acres
9,230
SQFT
$520
$/SQFT
1969
Built
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - Santa Monica
Property Description
REDUCED!! Ultimate OWNER/USER opportunity in the Franklin School District of Santa Monica! True pride of ownership building located steps to Montana Ave and North of Wilshire. Front owner townhome is a 3 bed + 3 bath with approx. 2,300 sf of living space and a huge 2-car attached garage with separate laundry area, just for this unit. Perfect layout for a family and has a lovely front patio area. Large building with over 9,200 sf of living area on an 8,000 sf lot. Excellent unit mix consisting of (1) 3 bed +3 bath owner townhouse, (2) 3 bed + 3 bath, (3) 2 bed + 2 bath, and (1) 1 bed + 1 bath. Excellent parking with 7 individual spaces and 13 spaces total if used as tandem. Every unit comes with a storage unit in the parking area. Gated entry for added security. Substantial capital improvements to the entire building including copper plumbing, dual pane windows throughout, new electrical panel, interior remodels, and more. Soft-story retrofit was completed after earthquake and is not required. Subject to Santa Monica rent control.
Exterior Features

Architectural Style Traditional Attached Garage YN Yes Carport Spaces 9 Carport YN Yes Direction Faces South Foundation Details Raised Open Parking Spaces 2 Parking Features CarportDoor-MultiGarageTandem Parking Total 13 Roof Composition View City Lights View YN Yes

Interior Features

Appliances DishwasherDisposalMicrowaveRefrigerator Cooling None Cooling YN No Fireplace Features GasLiving Room Fireplace YN Yes Flooring CarpetWood Heating CentralWall Furnace Heating YN Yes Interior Features Ceiling Fan(s) Window Features Double Pane Windows

Property Features

Additional Parcels YN No Association YN No Cap Rate 4.66 Community Features Gated Garage YN Yes Gross Income 320964 Land Lease YN No Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 223685 New Construction YN No Property Condition Updated/Remodeled Rent Control YN Yes Security Features Gated Community Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays ElectricityGas Zoning SMR2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-05T09:31:59.717. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): David Schuchman of Roque & Mark Company, Inc. (310-828-7525)