Income Home for Sale in Santa Monica, California

1829 20th Street, Santa Monica, California 90404, US

$ 2,725,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 2,725,000
  • MLS ID: 24418677
  • Property Type: Income Home
  • WEB ID: PR02935661
  • Property Status: Active
  • Lot Size: 6,795sqft
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 2,725,000
  • MLS ID: 24418677
  • Property Type: Income Home
  • WEB ID: PR02935661
  • Property Status: Active
  • Lot Size: 6,795sqft
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.

Additional Features

  • Central
  • Multi/Split
  • Parking spaces: 0.00
  • Listing Status: Active
  • Listing Agent: Jacob Plewa (lic# 02041641) of Beverly Hills/Greater LA
  • Listing Office: REMAX COMMERCIAL & INVESTMENT REALTY (lic# 01508014)
  • Based on information from CRISNet MLS as of 21st November 2024 at 6:48pm. 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.

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