Investment Asset | A+ Location -4.70% Cap 811-817 20th St Immeuble residentiel 14 lots 6 848 846 € (489 203 €/Lot) Taux de capitalisation 4,70 % Santa Monica, CA 90403

We are proud to present a truly rare and exceptional multifamily opportunity located in the heart of Santa Monica at 811 and 817 20th Street — a pair of two 7-unit apartment buildings, totaling 14 units. Just steps from the coveted Montana Avenue.
These properties offer an unparalleled opportunity for an owner-user to create a bespoke luxury residence while enjoying the benefits of strong existing income, with upside in one of the Westside’s most desirable neighborhoods.
The centerpieces of these properties are the spacious, tri-level townhome-style owner's units, estimated at approximately 2,400 square feet. they 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 twelve (12) 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 terraces—offering an elevated living experience for tenants.
Currently 100% occupied, this property provides significant rental upside—estimated at approximately 46%. 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. Properties to be sold separately.
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