2436 20th St Santa Monica, CA 90405
Active
$1,999,000
2 Units
3 Beds
2 Baths
1,691 Area(sq.ft.)
7,164 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 4,100 | $ 49,200 | $ 49,200 |
| Unit 2 | 1 | 1 | 1 | No | $ 2,700 | $ 32,400 | $ 32,400 |
| 2 | 2 | 3 | 2 | $ 6,800 | $ 81,600 | $ 81,600 |
| MLS #: | 24-462281 |
| Days On Market: | 8 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,182 |
| Price per unit: | $ 999,500 |
| Year Built: | 1939 |
Property Details
The sky is the limit with this turnkey Spanish style duplex consisting of a 2/1 and a 1/1. Each unit is privately enclosed with the feel of your own home and has interior features including original hardwood floors throughout the rooms, recess lighting, kitchen with granite countertops, custom cabinetry, and a beckoning modern bathroom with porcelain wood looking tile, glass and a luxury vanity. Front unit exterior features a charming picket fence and sufficient space to make your very own sustainable garden boxes, sun bathe or keep your pet friends enclosed. Adjacent exterior 3 car driveway. The back unit is 800+SQFT and has a private, expansive backyard with mature fruit trees (fig, avocado & lemon) for this unit only. 1 Parking Spot in the back of this property is included. There are two storage garage spaces included. There are so many possibilities to explore- leave as is, add an ADU and/or addtl units, convert into a SFR, a combination of the above or consider redevelopment opportunities including but not limited to a 5-plex layout similar to the next door properties. Some recent upgrades to electrical, gas, water/sewer and hvac. Property sold AS IS. No additional concessions or credits will be provided.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Gross Operating Income: | $ 77,400 |
| Total Annual Expense: | $ 41,592 |
| Net Operating Income: | $ 35,808 |
| Gross Annual Income: | $ 77,400 |
| Gross Rent Multiplier: | 32.00 |
| Actual Gross Rent: | $ 77,400 |
| Actual Gross Income: | $ 77,400 |
| Actual Rent Total: | $ 77,400 |
Structure
| Type of Units: | Duplex |
| Buildings: | 1 |
| Levels: | One |
| Security Features: | Carbon Monoxide Detector(s), Prewired for alarm system |
| Style: | Spanish |
Land & Parking
| Zoning: | SMR2* |
| Parking Garage: | Assigned, Driveway, Covered Parking |
Interior
| Cooking Appliances: | Free Standing Gas, Oven-Gas, Oven, Microwave |
| AC/Cooling: | Multi/Zone, Air Conditioning, Heat Pump(s) |
| Equipment: | Alarm System, Dishwasher, Dryer, Freezer, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer |
| Heating: | Wall, Zoned, Forced Air |
| Laundry: | In Unit |
| Laundry Equipment: | Own |
Exterior
| Roof: | Flat |
Detailed Map
Schools
Find a great school for your child
Income
