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1422 20TH Street, Santa Monica, CA 90404 (MLS # 18396104)
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PRICE $2,175,000
BEDS 0
BATHS 5 baths
HOME SIZE 1,960 sq ft
LOT SIZE 7,506 sqft

1422 20th Street is a 5-unit bungalow style apartment community located in prime Santa Monica. Built in 1949, the property sits on a 7,500~ square foot lot and is adjacent to 1420 20th Street (APN is 4275-009-005), joined by a large central courtyard. Currently, 3 out of the 5 studio apartments are vacant, offering an investor the opportunity to renovate both the interiors and exterior of the property, bringing the property to their desired level of luxury. All 5 units feature incredibly spacious, enclosed private patios and there are 6 parking spaces. 1422 20th St. can be purchased individually or together with 1420 20th for a total of 10 units (7 of which are vacant), with the potential for development of a 15,000~ square foot lot; Zoned R2 (each of the two lots has 50 feet of frontage onto 20th Street). PROFORMA shown assumes that the 3 vacant units are at a market rent of $2600. Property Website in Pvt Remarks. See MLS #18-396084 for more information on 1420 20th Street.

DAYS ON MARKET 13 LAST UPDATED 10/11/2018
YEAR BUILT 1949 COMMUNITY Santa Monica (C14)
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
APPLIANCES Refrigerator
AREA Santa Monica (C14)
HEAT Wall Heater
LOT 7507 sq ft
PARKING 6

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Listing provided by Adrienne Barr CalDRE:01308753, Berkadia

Based on information from CARETS as of 10/23/18 8:24 PM PDT. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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.

This IDX solution is (c) Diverse Solutions 2018.

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