$2,280,000
-$205,0002517 20th Street, Santa Monica CA 90405
Multi-Family (5 Units)
Property type
106 days
On market
$708
Price per sqft
N/A
Garage
1938
Year built
6,766 sqft
Lot size
Home highlights
Open Houses
Overview
This exceptionally charming 5-unit multi-family property presents an incredible investment opportunity in a prime Santa Monica location. Built in 1938 this updated property has immense appeal and offers long-term growth potential. The property has been meticulously maintained. There are three 1 bedroom/1 bathroom units plus two 2 bedroom/1 bathroom units. Four of the five...
Listing provided by: Julie Lovett DRE #00803205 310-570-7593, Coldwell Banker Realty
Listing updated: May 14, 2026 at 08:28pm.
Last checked: Jun 5, 2026 at 12:30pm
Source: CRMLS #26654207
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $3,500 | $3,500 | $3,605 | Unfurnished |
| 1 | 1 | 1 | — | $1,353 | $1,353 | $2,500 | Unfurnished |
| 1 | 1 | 1 | — | $3,200 | $3,200 | $3,200 | Unfurnished |
| 1 | 2 | 1 | — | $3,060 | $3,060 | $3,060 | Unfurnished |
| 1 | 2 | 1 | — | $3,585 | $3,585 | $3,585 | Unfurnished |
# of Buildings: 2
# of Units Total: 5
Refrigerator: 5
Tenant Pays: Cable Tv, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
12.9x
List Price / Annual Gross Rent
Cap Rate
5.01%
NOI / List Price
Net Operating Income: $116,653
Interior
Flooring: Wood
Heating: Wall Furnace
Appliances: Refrigerator, Dryer, Washer
Fireplace: None
Laundry: Common Area, Dryer Included, Washer Included
Exterior
Architectural Style: Spanish
Stories Total: 2
Levels: One, Two
Garage and Parking
Parking: Assigned
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 4273019010
Zoning: SMR2*
Lot Size Dimensions: 50x135
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 2517 20th Street, Santa Monica, CA 90405. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,824,000
Total Interest
$2,326,411
Total Payment
$4,150,411
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,054
per month
Property History for 2517 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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