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Alex Ortega

alex@theortegateam.com +1(619) 454-3903

$ 3,995,000

Est. payment | -/mo

16 Beds

16 Baths

9,230 SqFt

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$ 3,995,000

Est. payment | -/mo

Save

16 Beds

16 Baths

9,230 SqFt

OPEN HOUSE

Sun Aug 17, 2:00pm - 5:00pm

Tue Aug 19, 11:00am - 2:00pm

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 9,230 sqft

Price per Sqft $432

MLS Listing ID 25578411

Bedrooms 16

HOA Y/N No

Year Built 1969

Lot Size 7,997 Sqft

Property Description

Rare chance to purchase a pride of ownership multi-family asset in the coveted Franklin School District. Fantastic location in the Wilshire Montana neighborhood on a whimsical tree lined street. This is an ideal opportunity for both savvy investors and discerning owner-users looking to live in a premier neighborhood while generating strong rental income. The crown jewel of this 9,230 sqft building is the expansive 3 bed, 3 bath front "owner's" townhome, offering approximately 2,198 sqft of living space, a private direct access 2-car garage, with laundry, and a charming front patio. Perfectly suited for an owner occupier seeking a single family feel with the added benefit of rental income from six additional units. The well balanced building includes: (1) 3 bed + 3 bath townhome, (2) 3 bed + 3 bath units, (3) 2 bed + 2 bath unit and (1) 1 bed + 1 bath unit. All units are generously sized and updated, with substantial capital improvements throughout, including: copper plumbing, dual-pane windows, new electrical panels, interior renovations and completed soft-story retrofit! Ample parking (11 spaces), and dedicated storage for each unit enhance the property's long-term desirability. Situated on an 7,998 sqft lot in a high demand, rent controlled area, this asset offers both immediate cash flow and strong appreciation potential. Whether you're an investor looking for a stabilized, high quality asset in one of LA's most desirable markets or an owner-user seeking the perfect live and earn situation, this is a rare Santa Monica opportunity not to be missed!

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Interior Features Ceiling Fan(s)

Heating Central, Wall Furnace

Flooring Carpet, Laminate, Wood

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Carport, Door-Multi, Garage, Tandem

Total Parking Spaces 11

Building

Story 2

Entry Level Two

Sewer Other

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4277011008

Financing Cash

Special Listing Condition Standard

Listed by Rosanna Eusebio Compass

+1(619) 454-3903

alex@theortegateam.com

900 Lane Ave, Chula Vista, CA, 91914-3503, USA

938 20th ST Santa Monica, CA 90403

Alex Ortega

OPEN HOUSE

Key Details

Location

Interior

Exterior

Building

Others

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938 20th ST