810 20TH ST

Rare opportunity to acquire an exceptional 10-unit courtyard building on an oversized lot in prime Santa Monica. Located on a tree-lined street just south of Montana Ave, this well-performing property is just a few blocks from the city's most desirable shopping and dining, and within the coveted Franklin School district. The apartments are unusually large, each with in-unit laundry, and most with spacious outdoor spaces. Several units feature renovated kitchens and baths. In addition to the 10 residences, the property includes 3 offices that provide additional rental income as well as the potential to develop ADUs without sacrificing any of the building's 15 parking spaces. A 2800 sqft owners unit includes a private direct entry garage. This property has been lovingly maintained by the same family for 60+ years. THREE LARGE UNITS AND ONE OFFICE WILL BE DELIVERED VACANT AT CLOSE OF ESCROW, allowing the new owner to rent those units at market rates, while still enjoying an additional 25% upside in rental income when other tenants vacate. No seismic retrofit required. EMAIL LISTING AGENT FOR OFFERING MEMORANDUM. Do not disturb tenants or walk the property without an appointment with listing agent.