Property Detail

1829 20th

Santa Monica CA 90404

$2,725,000

Status: Active

Property Details

Description

INCREDIBLE ASSUMABLE FINANCING. This high-quality multifamily asset in prime Santa Monica was built in 1962 and features 6 units with a gross square footage of 5,203. These spacious floor plans feature 1, 2 and 3-bedroom options. Most of the units have been highly upgraded to include kitchens with quartz counters, bathrooms with floor to ceiling subway tile, and living areas with modern plank flooring and recessed lighting. 1829 20th Street is ideally located just south of the 10 Freeway with easy access to both the beach and the greater Westside. Downtown Santa Monica is 2 miles to the west while West LA and the 405 freeway lie only 1.5 miles east. 20th Street is also walking distance to many neighborhood attractions including outstanding restaurants, bars, and retail along Santa Monica Blvd, Broadway, and Wilshire Boulevard just to the north. For the savvy investor, 1829 20th Street provides a well-managed and highly sought after property with significant future upside potential in one of the most desirable locations Los Angeles has to offer.1829 20th St's assumable loan has an approximate balance of $946K with fully amortized payments and a fixed rate of 2.97% until 12/1/2026.

Map Location

Listing provided courtesy of Jacob Plewa of REMAX COMMERCIAL & INVESTMENT REALTY. Last updated 2024-11-25 09:11:28.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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