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32970709
32970703

2411 20TH ST, SANTA MONICA, CA 90405

JT
CA # 01366169
Taksa Investment Group
Listed by Taksa Investment Group
$2,150,000
10 days on market
Updated 10 days ago

2411 20TH ST SANTA MONICA CA 90405

Details
APN 4273-018-014
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,912
Units 7
Occupancy 100%
Price per SqFt $438
Year Built 1935
Buildings 5
Lot Size (SqFt) 13,514

Charming Bungalows on Huge 13,514 Sq. Ft. Lot in Prime Santa Monica

Marketing description

Offered as part of a rare six-property portfolio, 2411-2417 20th Street, Santa Monica, CA 90405 presents an exceptional opportunity to acquire a generationally held asset in one of the most sought-after coastal rental markets in Los Angeles. Owned by the same family for over 50 years, the property embodies the character, charm, and long-term pride of ownership that is increasingly difficult to find—particularly in Santa Monica’s coveted Sunset Park neighborhood. Originally constructed in 1935, the property consists of 7 bungalow-style units situated on an expansive 13,514 square foot lot, offering a low-density, highly desirable living environment. The improvements are thoughtfully arranged across beautifully landscaped grounds, creating a private, residential feel that strongly appeals to tenants seeking a more home-like setting rather than traditional apartment living. The property features an excellent unit mix comprised of 1 studio unit with a full kitchen, 4 one-bedroom/one-bath units, and 2 two-bedroom/two-bath units, providing a balanced blend of unit types that cater to a wide tenant base. The units offer spacious, well-designed layouts flooded with natural light and enhanced by hardwood flooring, crown moldings, generously sized kitchens, bathrooms, and closets, further reinforcing the asset’s timeless appeal. Operationally, the property benefits from upgraded electrical panels, while still presenting significant upside in rents, allowing a new owner to capture meaningful income growth while preserving the charm and integrity of the asset. From a location standpoint, 2411-2417 20th Street is ideally positioned in Sunset Park, one of Santa Monica’s most vibrant and desirable neighborhoods. The property is just moments from Main Street, a lively destination known for its boutique retail, cafés, fitness studios, and some of the Westside’s most popular dining spots. Residents also enjoy close proximity to Santa Monica Beach, offering immediate access to the ocean, bike paths, and outdoor lifestyle that defines coastal living. The surrounding area is anchored by strong fundamentals, including proximity to Santa Monica High School and other highly regarded schools, as well as convenient access to neighboring Westside hubs such as Venice, Mar Vista, and Santa Monica’s broader retail and employment centers. The location offers a seamless blend of coastal lifestyle, walkability, and urban convenience, making it one of the most consistently in-demand rental markets in Los Angeles. For investors seeking a low-density, character-rich asset with substantial rental upside in a premier coastal location, 2411-2417 20th Street represents a truly rare opportunity.

Investment highlights

7-unit bungalow-style apartment community

Built in 1935 with significant charm and architectural character

Owned by the same family for over 50 years

Situated on a massive 13,514 SQFT lot

Located in Santa Monica’s highly desirable Sunset Park neighborhood

Excellent unit mix: 1 studio unit with full kitchen, 4 one-bedroom/one-bath units, 2 two-bedroom/two-bath units

Spacious layouts with abundant natural light

Hardwood floors and crown moldings throughout

Nicely sized kitchens, bathrooms, and closets

Beautifully landscaped grounds with a private, residential feel

Upgraded electrical panels

Strong in-place fundamentals with significant rental upside

Prime Sunset Park location just moments from Main Street, featuring top-tier dining, cafés, boutique retail, and nightlife

Close proximity to Santa Monica Beach, offering immediate access to the sand, ocean, and bike paths

Near highly regarded local schools including Santa Monica High School

Surrounded by premier Westside neighborhoods including Venice and Mar Vista

Walkable coastal neighborhood with strong tenant demand driven by lifestyle, employment hubs, and amenities

Convenient access to major Westside employment centers and retail corridors

Listing Contacts

JT
CA # 01366169
Taksa Investment Group
Listed by Taksa Investment Group

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Additional Information

Name
Jonathan Taksa
License
# 01366169
Brokerage
RE/MAX Commercial
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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