1008 20th St 8 Unité Immeuble d’appartements 6 617 616 $ CAD (827 202 $ CAD/Unité) 4,31% Taux de capitalisation Santa Monica, CA 90403

1008 20th Street presents a rare opportunity to acquire a well-located multifamily asset in the highly desirable Wilshire-Montana submarket of Santa Monica. The property consists of a ±6,976 square foot apartment building situated on a ±9,938 square foot lot and originally constructed in 1947. The building contains multiple units with a diverse mix appealing to long-term tenants in one of the strongest coastal rental markets in Los Angeles County.
Santa Monica continues to experience strong rental demand driven by limited housing supply, proximity to employment hubs, and desirable coastal lifestyle amenities. This offering provides stable in-place income with long-term appreciation potential.
The property is located in the highly sought-after Wilshire-Montana neighborhood, one of Santa Monica’s most desirable residential rental markets. The area is known for quiet tree-lined streets, proximity to Montana Avenue retail, and strong tenant demographics. The neighborhood offers convenient access to Downtown Santa Monica, the beach, and West Los Angeles employment centers