1953 20th Street

Santa Monica, CA 90404

$1,750,000
Last Sold Price
4
Beds
5
Baths
3,816 Sq. Ft.
$459 / Sq. Ft.
3,816
Sq. Ft.
$459
per Sq. Ft.

Description

We are pleased to offer this 5-unit apartment complex in Santa Monica. Great opportunity with a solid unit mix. Minutes from the beach, Main St., Montana Ave, Third Street Promenade, Venice Boardwalk, and much more. This property epitomizes Southern California coastal community. Great unit mix consisting of:One - 2-bedroom / 1-bathroom, Two - 1-bedroom / 1-bathroom, Two - Studio.We are pleased to offer this 5-unit apartment complex in Santa Monica. Great opportunity with a solid unit mix. Minutes from the beach, Main St., Montana Ave, Third Street Promenade, Venice Boardwalk, and much more. This property epitomizes Southern California coastal community. Great unit mix consisting of:One - 2-bedroom / 1-bathroom, Two - 1-bedroom / 1-bathroom, Two - Studio.
  1. Listed by William Dawson • DRE #01059814 • Brokerage DRE #01059814 • Sullivan-Dituri Co.Realtors

Property Details for 1953 20th Street

Zoning
SMR2*
Parcel Number
4274020002
Total Units
5.0
Living Area
3816
Source Living Area
Assessor
Area
Santa Monica (C14)
Vacancy Rate
None
Lot Size Area
7098

Location

Listing Courtesy of Sullivan-Dituri Co.Realtors, William Dawson, DRE #01059814

Sold By Sullivan-Dituri Co.Realtors, William Dawson, DRE #01059814

Add your commute
LISTING UPDATED: 08/01/2023 05:05 PM

Property Details for 1953 20th Street

StatusSold
MLS #23-259135
Days on Market73
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1939
Lot Size0.16 AC / 7,098 SF
CountyLos Angeles County

Location

Listing Courtesy of Sullivan-Dituri Co.Realtors, William Dawson, DRE #01059814

Sold By Sullivan-Dituri Co.Realtors, William Dawson, DRE #01059814

Add your commute

Building Information for 1953 20th Street

Stories2Residences-Year Built1939Building Size-Lot Size0.16 AC / 7,098 SF

Payment Calculator

$11,588 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,550

Property Taxes

$2,038

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1953 20th Street

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Mix
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $106,959
  • Net Operating Income: $64,017.00
  • Gross Income: $110,268
  • Cap Rate: 3.21%
  • Gross Rent Multiplier: $18.09
  • Vacancy Allow Dollar: $3,308.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 42942
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.163
  • Lot Size Square Feet: 7098
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car, Uncovered
  • Total Parking: 5
  • Parking Features: Garage - Single Door, Uncovered
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Wall Gas, Other
  • Equipment: Dryer, Washer, Other
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-11-2023
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,010.00
  • Unit Actual Rent: $2,010.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,595.00
  • Unit Actual Rent: $1,595.00
  • Unit Projected Rent: $1,750.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,595.00
  • Unit Actual Rent: $1,595.00
  • Unit Projected Rent: $1,750.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,694.00
  • Unit Actual Rent: $1,694.00
  • Unit Projected Rent: $2,150.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,995.00
  • Unit Actual Rent: $1,995.00
  • Unit Projected Rent: $2,150.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $519,818.00
  • Assessed Improvement Percent: 33.33
  • Assessed Land Value: $1,039,640.00
  • Assessed Land Percent: 66.67
  • Assessed Total Value: $1,559,458.00

Property History for 1953 20th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1953 20th Street

Taxable ValueLand$1,357,872Additions$615,774Total$1,973,646
Tax Record2023$24,457 ($2,038 / month)
Home Facts
Total Finished SqFt3,816 SqFtAbove Grade Finished SqFt3,816 SqFtLot Size7,098 SqFtStyleMulti-Family Res (5+ Units)Year Built1939ZoningSMR2*CountyLOS ANGELESAPN4274-020-002

Schools near 1953 20th Street

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

John Adams Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Juan Cabrillo 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.

Similar Homes

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Similar Sold Homes

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sullivan-Dituri Co.Realtors, William Dawson, DRE #01059814

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.