2345 20th STREET, SANTA MONICA 90405.
Offered for $1,500,000 – AVAILABLE!
** VALUE ADD OPPORTUNITY **— Excellent value for a 5 unit building located between Ocean Park Blvd. and Pearl St. in the heart of Santa Monica. Walkable to Santa Monica College. All five units are 1 bed + 1 bath. There are 3 private 1-car garages located off the alley and 2 front driveway parking spaces. Garden style building with large common patio and walkway allow for units to receive a lot of natural light. Building has 3,032 sf of living area on a 6,768 sf lot. Over 50% upside rent potential! Subject to City of Santa Monica Rent Control.
4 of the 5 units will be delivered vacant! Over a 5.5%… More
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