1420 20TH STREET, SANTA MONICA, CA 90404

  • 3,920 sqft
  • Lot Size: 14,999 sqft
  • Built in 1949
  • MLS #21677508
For Sale $4,290,000

Description

1420-1422 20th Street sits on two parcels totaling 14,999 SqFt. Due to being on two parcels, a new investor has the ability to add 4 ADU's (two per parcel). The cost per unit after adding the ADU's would be $306,428/unit. There are three units currently occupied in the building, but one has verbally committed to a Buyout for $35,000. 7 units are vacant and 4 of them have been nicely remodeled with modern finishes and quartz counter tops(see photos). Many of this information was discovered during escrow including the Seller Financing. Escrow canceled due the the Buyer's downleg not closing. If you have a client interested, contact the listing agent for a property tour.

FACTS / FEATURES

  • Built in 1949
  • Lot Size: 14,999 sqft
  • Style: Bungalow
  • Cooling: None
  • Heating: Wall Furnace
  • Parking: 5 spaces total

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Listing Provided by Chase Simonton, RE/MAX One
Based on information from California Regional Multiple Listing Service, Inc. as of November 29, 2021. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.