2411 20th St
SANTA MONICA, CA 90405

Property

Ownership: For Sale
Bedrooms: 8 BR
Bathrooms: 9
Area: 13518 sq ft
Lot Size: 0.3 Acres

Financials

Price:$2,150,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Remax Commercial and Investment Realty

2411 20th St 8BR Santa Monica La

Description

Offered as part of a rare six-property portfolio, 2411-2417 20th Street, Santa Monica, CA 90405 presents an exceptional opportunity to acquire a generationally held asset in one of the most sought-after coastal rental markets in Los Angeles. Owned by the same family for over 50 years, the property embodies the character, charm, and long-term pride of ownership that is increasingly difficult to find particularly in Santa Monica's coveted Sunset Park neighborhood. Originally constructed in 1935, the property consists of 7 bungalow-style units situated on an expansive 13,514 square foot lot, offering a low-density, highly desirable living environment. The improvements are thoughtfully arranged across beautifully landscaped grounds, creating a private, residential feel that strongly appeals to tenants seeking a more home-like setting rather than traditional apartment living. The property features an excellent unit mix comprised of 1 studio unit with a full kitchen, 4 one-bedroom/one-bath units, and 2 two-bedroom/two-bath units, providing a balanced blend of unit types that cater to a wide tenant base. The units offer spacious, well-designed layouts flooded with natural light and enhanced by hardwood flooring, crown moldings, generously sized kitchens, bathrooms, and closets, further reinforcing the asset's timeless appeal. Operationally, the property benefits from upgraded electrical panels, while still presenting significant upside in rents, allowing a new owner to capture meaningful income growth while preserving the charm and integrity of the asset.From a location standpoint, 2411-2417 20th Street is ideally positioned in Sunset Park, one of Santa Monica's most vibrant and desirable neighborhoods. The property is just moments from Main Street, a lively destination known for its boutique retail, cafes, fitness studios, and some of the Westside's most popular dining spots. Residents also enjoy close proximity to SantaMonica Beach, offering immediate access to the ocean, bike paths, and outdoor lifestyle that defines coastal living. The surrounding area is anchored by strong fundamentals, including proximity to Santa Monica High School and other highly regarded schools, as well as convenient access to neighboring Westside hubs such as Venice, Mar Vista, and Santa Monica's broader retail and employment centers. The location offers a seamless blend of coastal lifestyle, walkability, and urban convenience, making it one of the most consistently in-demand rental markets in Los Angeles. For investors seeking a low-density, character-rich asset with substantial rental upside in a premier coastal location, 2411-241720th Street represents a truly rare opportunity.

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CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.