$10,000

closing credit¹

2517 20th St Santa Monica, CA 90405

$2,250,000
7 beds
5 baths
3,219 sqft
0.2 acres
$699 / sqft
House

Property details

About 2517 20th St

This exceptionally charming 5-unit residential property presents an incredible investment opportunity in a prime Santa Monica location. Built in 1938 this updated property has immense charm and offers long-term growth potential. The property has been meticulously maintained. Four of the five units have been remodeled and three feature in-unit laundry, the other two have private laundry inside their garage. Original, refinished hardwood floors, two of the units have split AC units, two of the units have quartz and granite countertops, and tiled showers. There is gated entry and a new roof. Comprised of 5 units, this property offers both immediate rental income and long-term growth potential. There are three 1 bedroom/1 bathroom units plus two 2 bedroom/1 bathroom units. Two of the front units on the ground level have individual enclosed garages. The two rear units each have a storage garage. Centrally located near transportation, schools, shopping, parks, and the best Santa Monica has to offer. The current tenants are professionals and the units are well maintained. One 1 bedroom/1 bathroom unit will be available 2/1/2025. This is a fantastic opportunity for investors seeking a steady cash flow in a thriving market.

Highlights

Home typeOther
HeatingWall Furnace
StatusAccepting Backup Offers
(Active Under Contract)
Size3,219 sqft
Lot size0.1553 Acres
Year built1938
ParkingAssigned
MLS #25486165

Summary

  • MLS Number: 25486165
  • MLS Name: CRMLS
  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 458-0091
  • Listing Agent: Julie Lovett

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/9/2025, 6:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property exterior featuring a yard

$2,250,000

2517 20th St

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Oct 16, 2014
Home Sold
$170,000
Aug 18, 2005
Home Sold
$1,210,000

Tax history

YearAssessmentProperty Tax
2024$2,003,077$24,681
2023$1,963,802$24,293
2022$1,925,297$23,994
2021$1,887,547$23,404
2020$1,868,194$23,016
2019$1,831,563$21,645
2018$1,795,651$21,506
2017$1,760,443$21,506

History based on county public records data.

Nearby schools

7

Grant Elementary School

Public District PK-5

0.4 mi

2368 Pearl St

6

Will Rogers Learning Community

Public District KG-5

0.4 mi

2401 14th St

8

Edison Language Academy

Public District PK-5

0.7 mi

2402 Virginia Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $64,078. Residents of Santa Monica, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

24%
<35k
48%
35k-100k
26%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
8%
Single, with Kids
15%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
5%
12-17 yrs old
32%
18-34 yrs old
42%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Music ConcertsMusic Concerts
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • ChipotleChipotle
  • Boston MarketBoston Market

What do the neighbors drive?

  • AudiAudi
  • VolkswagenVolkswagen
  • MercedesMercedes

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2517 20th St

This home is located at 2517 20th St in Santa Monica, CA and zip code 90405 in the Sunset Park neighborhood. This 3,219 square foot home, which was built in 1938, sits on a 0.16 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 20, 2025 and is currently priced at $2,250,000.

In January 2025 more than 13 listings in Santa Monica, CA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 22 were sold below. The inventory of homes for sale in Santa Monica, CA between December and January 2025 increased by 43%. In January 2025 median list price was $1,816,750 and the average listing age was 55 days.

From Rocket Homes Real Estate and based on county public records data.

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