$2,500,000
2431 20th Street, Santa Monica CA 90405
Multi-Family (4 Units)
Property type
114 days
On market
$751
Price per sqft
N/A
Garage
1944
Year built
6,765 sqft
Lot size
Home highlights
Open Houses
Overview
This charming 4 unit turnkey property is fully tenant occupied with all fair market rents. The retro 2/2 front unit is approx 1500sqft and has the look and feel of a home. The front yard is covered with Eugenia hedges from the street side that is fully fenced in with a grassy area for the pups and kiddos to play in, a courtyard/patio and tiki bar lounge for the adults. Comes...
Listing provided by: Nicolai Savaro DRE #01992254 310-663-7600, Berkshire Hathaway HomeServices California Properties
Listing updated: Feb 19, 2026 at 08:18am.
Last checked: Jun 5, 2026 at 03:30am
Source: CRMLS #26650653
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $4,950 | $4,950 | $4,950 | Unfurnished |
| 1 | 2 | 1 | — | $3,950 | $3,950 | $3,950 | Unfurnished |
| 1 | 1 | 1 | — | $2,032 | $2,032 | $2,032 | Unfurnished |
| 1 | 1 | 1 | — | $1,852 | $1,852 | $1,852 | Unfurnished |
# of Buildings: 3
# of Units Total: 4
Dishwasher: 4
Refrigerator: 4
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
16.0x
List Price / Annual Gross Rent
Cap Rate
3%
NOI / List Price
Net Operating Income: $76,000
Interior
Interior Features: Ceiling Fans
Cooling: None
Heating: Fireplaces, Wall Furnace
Appliances: Dishwasher, Microwave, Refrigerator, Vented Exhaust Fan, Dryer, Washer
Laundry: Stacked, Dryer Included, Washer Included
Exterior
Stories Total: 2
Levels: Multi Split
Garage and Parking
Parking: Assigned, Covered, Door Single, Garage, Private
Garage: Attached
Parking Total: 5
Lot Information
Land Lease: No
Parcel #: 4273019002
Zoning: SMR2*
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 2431 20th Street, Santa Monica, CA 90405. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,000,000
Total Interest
$2,550,890
Total Payment
$4,550,890
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$15,396
per month
Property History for 2431 20th Street
Santa Monica Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90405.
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