938 20th Street, Santa Monica, CA 90403
Local realty services provided by:ERA Excel Realty
938 20th Street,Santa Monica, CA 90403
$3,995,000
- 16 Beds
- 16 Baths
- 9,230 sq. ft.
- Multi-family
- Pending
Listed by:rosanna eusebio
Office:compass
MLS#:25578411
Source:CRMLS
Price summary
- Price:$3,995,000
- Price per sq. ft.:$432.83
About this home
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!
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Home facts
- Year built:1969
- Listing ID #:25578411
- Added:46 day(s) ago
- Updated:September 30, 2025 at 06:25 PM
Rooms and interior
- Bedrooms:16
- Total bathrooms:16
- Living area:9,230 sq. ft.
Heating and cooling
- Heating:Central, Wall Furnance
Structure and exterior
- Year built:1969
- Building area:9,230 sq. ft.
- Lot area:0.18 Acres
Finances and disclosures
- Price:$3,995,000
- Price per sq. ft.:$432.83
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