1420 20Th Street, Santa Monica,
California CA90404-2974
Listing ID21677508
3,920
SqFt
0.344
Acres
$3,900,000
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.