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Property

Santa Monica, CA 90403 817 20th Street

817 20th Street Santa Monica, CA - Image 1817 20th Street Santa Monica, CA - Image 2817 20th Street Santa Monica, CA - Image 3
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Presented By: D. Timothy Byrne with Compass;
  • MLS# 25541599
  • 05/20/2025
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  • Beds • 15
  • Baths • 15
  • SQFT • 9,598
  • Garage • 7
  • Year Built • 1968

Home Details

Proudly presenting a rare and exceptional 7-unit multifamily opportunity in the heart of Santa Monica, located just steps from the highly coveted Montana Avenue. Built in 1968, 817 20th Street combines classic architectural charm with oversized, designed floor plans. This is an ideal investment for both long-term hold and owner-user potential. This is a twin building to 811 20th Street. 817 20th Street and 811 20th Street are being sold separately. The centerpiece of the property is a spacious, tri-level townhome-style owner's unit, estimated at approximately 2,400 square feet. It features direct private garage access into a bonus room, with a spiral staircase leading to the main level complete with a formal dining area, breakfast nook, a large living room with fireplace and balcony, and a den with built-in vintage bar. The top level includes a generous primary suite with dressing area and en-suite bath, along with two additional bedrooms and a second bathroom. In-unit laundry and abundant storage complete the offering. Vintage charm meets scale and privacy rarely found in multifamily living. The six remaining units are each approximately 1,200 square feet and feature spacious two-bedroom, two-bath layouts. Several units include sunken living rooms, split-level designs, or private rooftop decks. All have high ceilings and private outdoor areas either patios, balconies, or roof terrace offering an elevated living experience for tenants. Currently 100% occupied, this property provides significant rental upside estimated at approximately 52%. Recent upgrades include updated electrical, copper plumbing (buyer to verify), a newer roof, and ample on-site parking. Shared laundry facilities and well-maintained common areas add to tenant appeal. This is a rare chance to acquire a generational asset in one of the most prestigious and consistently high-performing rental markets on the Westside
Presented By: D. Timothy Byrne with Compass;

Interior Features for 817 20th Street

Bedrooms

Total Bedrooms15

Bathrooms

Half Baths0
Total Baths15
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories1

General for 817 20th Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.45
Carport Y/NNo
CitySanta Monica
CoolingNone
CountyLos Angeles
DirectionsJust south of Montana on 20th Street
Electric On Property Y/NNo
Full Baths
Garage Spaces7.0
Garage Y/NYes
Gross Income273624.0
HOANo
HeatingElectric
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet8016.0
Lot Size UnitsSquareFeet
MLS AreaC14 - Santa Monica
MobileHomeRemainsYNNo
Net Operating Income175694.0
New ConstructionNo
Number Of Units Total7
Open Parking Spaces1.0
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1968
ZoningSMR2*

Exterior for 817 20th Street

Building Area Total9598.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.184
Lot Size Area8016.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesPrivate, CommunityStructure
Private PoolNo
SpaNo
Total Parking8.0
WaterfrontY/NNo

Additional Details

Price History

Clayton Bond

Sales Associate
Price $3,975,000
MLS#25541599
List Date 05/20/2025
Property Type Multi-Family
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