2228 20TH Street

    Santa Monica, CA 90405
    • $3,100,000
    • STATUS: Active Under Contract
    • ON SITE: 127 days
    • ID#: 19488684
    Under Contract
    UPDATED: 85 min ago
    $3,100,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,539
      SQFT
    • $411
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:

    School Ratings & Info

    Description

    This character 6-unit apartment building just blocks to Santa Monica College. 2228 20th Street offers students the opportunity to live in an incredibly desirable location and walking distance to SMC. It is an ideal location for foreign exchange students, studying abroad, that typically do not have vehicles for transportation. The subject property is part of 5-building portfolio sale, and can be purchased individually or packaged together with 4 other properties. Please do NOT disturb the tenants. All showings will be subject to an accepted offer.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-20T00:28:59.483. 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 Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/96891583

    2228 20TH Street Santa Monica, CA 90405

    • Price: $3,100,000
    • Status: Active Under Contract
    • Updated: 85 min ago
    • ID#: 19488684
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    7,539
    SQFT
    $411
    $/SQFT
    1969
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    This character 6-unit apartment building just blocks to Santa Monica College. 2228 20th Street offers students the opportunity to live in an incredibly desirable location and walking distance to SMC. It is an ideal location for foreign exchange students, studying abroad, that typically do not have vehicles for transportation. The subject property is part of 5-building portfolio sale, and can be purchased individually or packaged together with 4 other properties. Please do NOT disturb the tenants. All showings will be subject to an accepted offer.
    Exterior Features

    Lot Size Units Square Feet Parking Features Covered Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features Washer Included

    Property Features

    Cap Rate 4.00 Gross Multiplier 15.95 Gross Operating Income 191580.00 Improvements Amount 954837 Land Value 1112215 Laundry YN Yes Net Operating Income 123346.00 Special Listing Conditions Standard Total Expenses 62487.00 Zoning Smr2*

    Listing provided courtesy of Chase Simonton of Keller Williams-Santa Monica and Jason Flashman of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-20T00:28:59.483. 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 Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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