- 6 Beds
- 6 Baths
- 3,008 Sqft
- .18 Acres
2122 20th Street
4% assumable interest rate until November 2026! Exceptional six-unit investment opportunity in a prime Santa Monica location, just moments from Santa Monica College. This well-positioned multifamily property features six spacious 1-bedroom, 1-bathroom units, offering strong rental appeal in one of the Westside's most desirable and supply-constrained rental markets.With two vacant units, investors benefit from immediate upside potential through lease-up at market rents or the flexibility for an owner-user strategy. The property currently generates $179,604 in gross annual income, reflecting a 13.64 GRM and a 5% cap rate making it a compelling addition to any multifamily portfolio.Value-add opportunity: The rear storage area and existing garages present excellent potential for ADU conversion (buyer to verify), creating a meaningful opportunity to increase unit count and substantially enhance long-term cash flow and asset value.Tenants enjoy close proximity to world-class beaches, premier shopping and dining, and convenient access to major employment hubs throughout the Westside and Greater Los Angeles area. This is a rare opportunity to acquire a stable coastal asset with built-in upside in one of Southern California's most sought-after communities.
Essential Information
- MLS® #26653771
- Price$2,300,000
- Bedrooms6
- Bathrooms6.00
- Square Footage3,008
- Acres0.18
- Year Built1929
- TypeResidential Income
- StatusActive
Community Information
- Address2122 20th Street
- AreaC14 - Santa Monica
- CitySanta Monica
- CountyLos Angeles
- Zip Code90405
Amenities
- Parking Spaces6
- ParkingGarage
- GaragesGarage
Interior
- AppliancesRefrigerator
- HeatingWall Furnace
- # of Stories1
- StoriesOne
Additional Information
- Date ListedFebruary 23rd, 2026
- Days on Market149
- ZoningSMR2*
Listing Details
- AgentDavid Miller
- OfficeMiller & Desatnik Realty Co.
Price Change History for 2122 20th Street, Santa Monica, (MLS® #26653771)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $2,350,000 to $2,300,000 | ||
| Price Reduced from $2,450,000 to $2,350,000 |
David Miller, Miller & Desatnik Realty Co..
Based on information from California Regional Multiple Listing Service, Inc. as of July 22nd, 2026 at 7:15pm PDT. 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.