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We are pleased to present 2332 20th Street in Santa Monica. Operating at a 5.74% CAP rate and 11.89 GRM, this high-yield asset generates nearly $200,000 in gross annual income with over 30% in rental upside. The property features an ideal unit mix of (3) 2-bed/1-bath units, (2) 1-bed/1-bath units, and a fully remodeled 2-bed/1-bath detached front house (1,288 sq ft), offering excellent owner-user potential. Major capital improvements"”including the renovated front house, upgraded unit interiors, main sewer line replacement, and completed seismic retrofit"”provide low future maintenance and strong long-term stability. Additional amenities include on-site laundry and five carport spaces with alley access. Just one block from Santa Monica College and moments from Ocean Park's vibrant retail and dining, the property offers an unbeatable location with easy access to the 10 Freeway. This is a rare chance to acquire a well-maintained, income-producing building with both immediate returns and significant upside in a prime Santa Monica neighborhood.
Property Type(s):
Residential Income
| Last Updated | 2/23/2026 | Year Built | 1941 |
|---|---|---|---|
| Community | C14 - Santa Monica | County | Los Angeles |
Price History
| Prior to Jan 22, '26 | $2,450,000 |
|---|---|
| Jan 22, '26 - Feb 23, '26 | $2,350,000 |
| Feb 23, '26 - Today | $2,275,000 |
Additional Details
| AREA | C14 - Santa Monica |
|---|---|
| LOT | 7166 sq ft |
| LOT DESCRIPTION | Landscaped |
| LOT DIMENSIONS | 7167 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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