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    947 20th Street

    Santa Monica, CA 90403
    • $5,450,000
    • STATUS: Active
    • ON SITE: 102 days
    • ID#: DW21131995
    UPDATED: 20 min ago
    $5,450,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1971
    County:

    School Ratings & Info

    Description

    Amazing location and great investment opportunity! This 6-unit multifamily property is conveniently located near Santa Monica's coastal community, Santa Monica College, and close to the Metro Expo Line and Third Street Promenade! Brand new outside paint! Perfectly centered to accommodate the long-term demand for housing the well educated, and well-paid workforce in the tech economy as well as the returning students to the renowned Santa Monica College. Units have been upgraded and well maintained throughout the years. These units are much bigger than the typical SM apartments. 5 garage spaces in back for 5 of the units as well as a 2 car garage and driveway for the HUGE 3 bedroom, 3 bathroom front unit! Front house/unit also has an extra living space right off of the garage which includes an additional bathroom and kitchen! Front house also gets beautiful views from their private sun deck. So many perks to this fantastic opportunity. Call me today to schedule as a showing....

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-28T14:30:50.973. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
    www.homesinthehighdesert.com/homes/118443763
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    947 20th Street Santa Monica, CA 90403

    • Price: $5,450,000
    • Status: Active
    • Updated: 20 min ago
    • ID#: DW21131995
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    1971
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    Amazing location and great investment opportunity! This 6-unit multifamily property is conveniently located near Santa Monica's coastal community, Santa Monica College, and close to the Metro Expo Line and Third Street Promenade! Brand new outside paint! Perfectly centered to accommodate the long-term demand for housing the well educated, and well-paid workforce in the tech economy as well as the returning students to the renowned Santa Monica College. Units have been upgraded and well maintained throughout the years. These units are much bigger than the typical SM apartments. 5 garage spaces in back for 5 of the units as well as a 2 car garage and driveway for the HUGE 3 bedroom, 3 bathroom front unit! Front house/unit also has an extra living space right off of the garage which includes an additional bathroom and kitchen! Front house also gets beautiful views from their private sun deck. So many perks to this fantastic opportunity. Call me today to schedule as a showing....
    Exterior Features

    Lot Features Lawn Number Of Separate Electric Meters 1 Open Parking Spaces 2 Parking Total 9 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls Fireplace Features Family RoomSee Remarks Fireplace YN Yes Heating Forced Air Heating YN Yes

    Property Features

    Additional Parcels YN No Common Interest Community Apartment Community Features CurbsStreet LightsSidewalks Contingency None Electric Expense 1101 Exclusions Tenants Possesions Fuel Expense 1434 Garage YN Yes Gross Income 255624 Gross Scheduled Income 255624 Insurance Expense 3044 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalSubmit Maintenance Expense 1500 Net Operating Income 218098 New Construction YN No New Taxes Expense 11762 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 37526 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 15281 Trash Expense 675 Water Sewer Expense 675 Water Source Public Zoning Smr2*

    Listing provided courtesy of Amanda Rodriguez of Berkshire Hathaway H.S.C.P.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-28T14:30:50.973. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
     
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