938 20th St

Santa Monica, CA 90403

$3,882,000
Last Sold Price
16
Beds
16
Baths
9,230 Sq. Ft.
$421 / Sq. Ft.
9,230
Sq. Ft.
$421
per Sq. Ft.
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Sold 10/16/25
Sold 10/16/25

Description

Rare chance to purchase a pride of ownership multi-family asset in the coveted Franklin School District. Fantastic location in the Wilshire Montana neighborhood on a whimsical tree lined street. This is an ideal opportunity for both savvy investors and discerning owner-users looking to live in a premier neighborhood while generating strong rental income. The crown jewel of this 9,230 sqft building is the expansive 3 bed, 3 bath front "owner's" townhome, offering approximately 2,198 sqft of living...Rare chance to purchase a pride of ownership multi-family asset in the coveted Franklin School District. Fantastic location in the Wilshire Montana neighborhood on a whimsical tree lined street. This is an ideal opportunity for both savvy investors and discerning owner-users looking to live in a premier neighborhood while generating strong rental income. The crown jewel of this 9,230 sqft building is the expansive 3 bed, 3 bath front "owner's" townhome, offering approximately 2,198 sqft of living space, a private direct access 2-car garage, with laundry, and a charming front patio. Perfectly suited for an owner occupier seeking a single family feel with the added benefit of rental income from six additional units. The well balanced building includes: (1) 3 bed + 3 bath townhome, (2) 3 bed + 3 bath units, (3) 2 bed + 2 bath unit and (1) 1 bed + 1 bath unit. All units are generously sized and updated, with substantial capital improvements throughout, including: copper plumbing, dual-pane windows, new electrical panels, interior renovations and completed soft-story retrofit! Ample parking (11 spaces), and dedicated storage for each unit enhance the property's long-term desirability. Situated on an 7,998 sqft lot in a high demand, rent controlled area, this asset offers both immediate cash flow and strong appreciation potential. Whether you're an investor looking for a stabilized, high quality asset in one of LA's most desirable markets or an owner-user seeking the perfect live and earn situation, this is a rare Santa Monica opportunity not to be missed!

Listing Agent

  1. Rosanna Eusebio

    Rosanna Eusebio

    Listing Agent

    Compass

    DRE #02035443

    P: (310)-384-3013

    CallText

Property Details for 938 20th Street

Zoning
SMR2*
Style
Low Rise
Parcel Number
4277011008
Total Units
7.0
Living Area
9230
Source Living Area
Assessor
Area
Santa Monica (C14)
Vacancy Rate
1
LISTING UPDATED: 03/13/2026 10:56 AM

Property Details for 938 20th Street

StatusSold
MLS #25578411
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1969
Lot Size0.18 AC / 7,998 SF
CountyLos Angeles County
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Location

Listing Courtesy of Compass, Rosanna Eusebio, DRE #02035443

Sold By Coldwell Banker Realty, Syrus Jamneshan, DRE #01163234

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Building Information for 938 20th Street

Stories2Residences-Year Built1969Building Size-Lot Size0.18 AC / 7,998 SF

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$20,229 per month

30 year fixed, 6.46% Interest

Principal and Interest

$19,548

Property Taxes

$681

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 938 20th Street

Community / Development
Community / Development
  • Number Of Units: 7
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartment
  • Sewer: In Street
Contract Info
Contract Info
  • Financing: Cash, Cash To New Loan
  • Disclosures: As Is, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $320,119
  • Net Operating Income: $230,959.00
  • Gross Income: $326,652
  • Gross Rent Multiplier: $12.23
  • Total Annual Expense: 89160
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1836
  • Lot Size Square Feet: 7998
Parking Details
Parking Details
  • Parking Garage: Carport, Garage - 2 Car, Tandem, Garage Is Attached
  • Total Parking: 11
  • Covered Parking: 11
  • Parking Features: Tandem Garage, Carport, Garage - Two Door
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Ceiling Fan
  • Cooling Type: Ceiling Fan
  • Heating: Central, Wall
  • Heating Type: Central, Wall
  • Flooring: Hardwood, Carpet, Mixed, Laminate
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Microwave, Refrigerator, Dryer, Freezer, Washer
  • Interior Features: Ceiling Fan(s)
  • Laundry: Laundry Area
  • Laundry Equipment: Lease
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-15-2025
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $7,000.00
  • Unit Actual Rent: $7,000.00
  • Unit Projected Rent: $7,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,577.00
  • Unit Actual Rent: $2,577.00
  • Unit Projected Rent: $3,700.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $4,650.00
  • Unit Actual Rent: $4,650.00
  • Unit Projected Rent: $4,800.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,876.00
  • Unit Actual Rent: $3,876.00
  • Unit Projected Rent: $4,800.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,650.00
  • Unit Actual Rent: $3,650.00
  • Unit Projected Rent: $3,700.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,380.00
  • Unit Actual Rent: $3,380.00
  • Unit Projected Rent: $3,700.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,013.00
  • Unit Actual Rent: $2,013.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $319,665.00
  • Assessed Improvement Percent: 67.14
  • Assessed Land Value: $156,452.00
  • Assessed Land Percent: 32.86
  • Assessed Total Value: $476,117.00

Property History for 938 20th Street

DateEvent & SourcePriceAppreciation
Oct 16, 2025

Sold

CLAW #25578411

$3,882,000—
Oct 16, 2025

Sold

CRMLS #25578411

$3,882,000—
Sep 10, 2025

Sold (Public Record)

Public Record #1916230549

$3,882,000—
DateEvent & SourcePrice
10/16/2025

Sold

CLAW #25578411

$3,882,000
10/16/2025

Sold

CRMLS #25578411

$3,882,000
09/10/2025

Sold (Public Record)

Public Record #1916230549

$3,882,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 938 20th Street

Taxable ValueLand$159,581Additions$326,058Total$485,639
Tax Record2025$8,174 ($681 / month)
Home Facts
Total Finished SqFt9,230 SqFtAbove Grade Finished SqFt9,230 SqFtLot Size7,996 SqFtStyleMulti-Family Res (5+ Units)Year Built1969ZoningSMR2*CountyLOS ANGELESAPN4277-011-008

Schools near 938 20th Street

This home is within Santa Monica-Malibu Unified School District.
Rating
School
Type
Grades
Distance
Franklin Elementary School
Public - K to 5
Lincoln Middle School
Public - 6 to 8
Santa Monica High School
Public - 9 to 12
Edison Elementary School
Public - K to 5
Rating
School
Distance
Franklin Elementary School
PublicK to 5

Lincoln Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Edison Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Santa Monica
Santa Monica
The coastal city of Santa Monica is a living postcard. This seaside city is named after Saint Monica, the mother of Saint Augustine, but the reason why remains undetermined. One telling says it was named by explorer Gaspar de Portolà, who camped there in 1769 and named it in honor of the feast day...
Santa Monica Guide

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Rosanna Eusebio, DRE #02035443

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.