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914 20Th St 6 Unit Apartment Building $3,700,000 ($616,667/Unit) Santa Monica, CA 90403
INVESTMENT HIGHLIGHTS
- 6 units total: An upstairs 2bd/2ba unit, plus 5 cottage-style units with private, gated front and side patios
- Phenomenal locations. Less than 1.25 blocks south of Montana Avenue restaurants and shops. North of Wilshire.
- Units with mini-split HVAC system, and washer/dryer inside. 5 units have parking (either private garage or assigned space in shared garage).
EXECUTIVE SUMMARY
Beautiful 6-unit cottage-style complex less than 1.25 blocks from famed Montana Avenue.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $3,700,000 | Building Class | C |
| Price Per Unit | $616,667 | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 3,882 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1952 |
| Apartment Style | Low-Rise | Parking Ratio | 1.29/1,000 SF |
| Zoning | R2, Santa Monica | ||
| Price | $3,700,000 |
| Price Per Unit | $616,667 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 3,882 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1952 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | R2, Santa Monica |
AMENITIES
UNIT AMENITIES
- Storage Space
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | 550 - 650 |
| 2+2 | 1 | - | - |
1 1
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 4277-011-003 | Improvements Assessment | $1,048,586 |
| Land Assessment | $2,677,243 | Total Assessment | $3,725,829 |
PROPERTY TAXES
Parcel Number
4277-011-003
Land Assessment
$2,677,243
Improvements Assessment
$1,048,586
Total Assessment
$3,725,829
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914 20Th St
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