1838 20th St, Santa Monica, CA 90404

1838 20th St offers the perfect blend of stability, flexibility, and long-term growth potential. Fully remodeled from top to bottom, this 6-unit multifamily asset is located just minutes from the beach, Ocean Park’s vibrant restaurant scene, and the Expo Line. The property features a desirable mix of (2) 3-bed/1-bath* and (4) 2-bed/1-bath units, five of which have been completely renovated with modern finishes and thoughtful design.

Upgrades include new split-system A/C, double-pane windows, updated electrical, quartz countertops, stainless steel appliances, designer-tiled bathrooms, and durable vinyl flooring. A sunny communal courtyard, on-site laundry for additional income, and six total parking spaces (four carports + two private garages) add strong tenant appeal.

With two vacant units, investors have immediate upside by leasing at market rates, projecting a 4–5% CAP and future rent growth in one of LA’s most competitive coastal submarkets. This property’s turnkey condition makes it an exceptional low-maintenance investment opportunity in the heart of Santa Monica.

Highlights:

• Two vacant units for immediate lease-up or owner-occupancy

• Fully renovated interiors with high-end finishes

• Strong unit mix: (2) 3BD/1BA* + (4) 2BD/1BA

• 6 parking spaces with alley access

• Prime Westside location near Ocean Park, Whole Foods, and Expo Line

• Projected 4–5% CAP at market rents

• Ideal for 1031 exchange or passive investors