852 20TH Street

    Santa Monica, CA 90403
    • $5,375,000
    • STATUS: Active
    • ON SITE: 17 days
    • ID#: 18360844
    UPDATED: 13 min ago
    $5,375,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,327
      SQFT
    • $576
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1973
    County:

    School Ratings & Info

    Description

    852 20th Street is a prime 6-unit apartment building investment located north of Wilshire in the A+ Montana Avenue enclave of Santa Monica. With its safe, quiet, residential ambiance; close proximity to Santa Monica Beach; walkability to high-end shopping and dining amenities along Montana Avenue; and sought-after schools, this part of Santa Monica is one of the most desirable neighborhoods in all of Southern California. The median home price in the area is nearly $3.7 million ($1,477 per square foot)*, making rental demand in this neighborhood incredibly strong.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-20T12:30:29.243. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/85251808

    852 20TH Street Santa Monica, CA 90403

    • Price: $5,375,000
    • Status: Active
    • Updated: 13 min ago
    • ID#: 18360844
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    9,327
    SQFT
    $576
    $/SQFT
    1973
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    852 20th Street is a prime 6-unit apartment building investment located north of Wilshire in the A+ Montana Avenue enclave of Santa Monica. With its safe, quiet, residential ambiance; close proximity to Santa Monica Beach; walkability to high-end shopping and dining amenities along Montana Avenue; and sought-after schools, this part of Santa Monica is one of the most desirable neighborhoods in all of Southern California. The median home price in the area is nearly $3.7 million ($1,477 per square foot)*, making rental demand in this neighborhood incredibly strong.
    Exterior Features

    Lot Features Sprinklers None Lot Size Units Square Feet Parking Features Garage Parking YN Yes

    Interior Features

    Laundry Features Washer Included

    Property Features

    Cap Rate 3.40 Gross Multiplier 18.80 Gross Operating Income 277730.00 Improvements Amount 1382465 Land Value 3225753 Laundry YN Yes Net Operating Income 182840.00 Special Listing Conditions Standard Total Expenses 94890.00 Zoning Smr2*

    Listing provided courtesy of Kimberly Roberts Stepp of Kwsm.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-20T12:30:29.243. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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