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7 Bungalow Units on Huge 13,514 SF Lot 2411 20th St 7 Unité Immeuble d’appartements 2 963 001 $ CAD (423 286 $ CAD/Unité) Santa Monica, CA 90405



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Faits saillants de l'investissement
- 7-unit bungalow-style apartment community in prime Sunset Park of Santa Monica
- Family owned and operated for over 50 years
- Updated electrical panels
- Strong in-place fundamentals with significant rental upside
- Beautifully landscaped grounds with a private, residential feel
Résumé de l'annonce
Jonathan Taksa of the Taksa Investment Group is truly pleased to presented a generational investment opportunity. Offered as part of a rare six-property portfolio, 2411-2417 20th Street, Santa Monica, CA 90405 presents an exceptional opportunity to acquire a generationally held asset in one of the most sought-after coastal rental markets in Los Angeles. Owned by the same family for over 50 years, the property embodies the character, charm, and long-term pride of ownership that is increasingly difficult to find—particularly in Santa Monica’s coveted Sunset Park neighborhood.
Originally constructed in 1935, the property consists of 7 bungalow-style units situated on an expansive 13,514 square foot lot, offering a low-density, highly desirable living environment. The improvements are thoughtfully arranged across beautifully landscaped grounds, creating a private, residential feel that strongly appeals to tenants seeking a more home-like setting rather than traditional apartment living.
The property features an excellent unit mix comprised of 1 studio unit with a full kitchen, 4 one-bedroom/one-bath units, and 2 two-bedroom/two-bath units, providing a balanced blend of unit types that cater to a wide tenant base. The units offer spacious, well-designed layouts flooded with natural light and enhanced by hardwood flooring, crown moldings, generously sized kitchens, bathrooms, and closets, further reinforcing the asset’s timeless appeal.
Operationally, the property benefits from upgraded electrical panels, while still presenting significant upside in rents, allowing a new owner to capture meaningful income growth while preserving the charm and integrity of the asset.
From a location standpoint, 2411-2417 20th Street is ideally positioned in Sunset Park, one of Santa Monica’s most vibrant and desirable neighborhoods. The property is just moments from Main Street, a lively destination known for its boutique retail, cafés, fitness studios, and some of the Westside’s most popular dining spots. Residents also enjoy close proximity to Santa Monica Beach, offering immediate access to the ocean, bike paths, and outdoor lifestyle that defines coastal living.
The surrounding area is anchored by strong fundamentals, including proximity to Santa Monica High School and other highly regarded schools, as well as convenient access to neighboring Westside hubs such as Venice, Mar Vista, and Santa Monica’s broader retail and employment centers. The location offers a seamless blend of coastal lifestyle, walkability, and urban convenience, making it one of the most consistently in-demand rental markets in Los Angeles. For investors seeking a low-density, character-rich asset with substantial rental upside in a premier coastal location, 2411-2417 20th Street represents a truly rare opportunity.
Originally constructed in 1935, the property consists of 7 bungalow-style units situated on an expansive 13,514 square foot lot, offering a low-density, highly desirable living environment. The improvements are thoughtfully arranged across beautifully landscaped grounds, creating a private, residential feel that strongly appeals to tenants seeking a more home-like setting rather than traditional apartment living.
The property features an excellent unit mix comprised of 1 studio unit with a full kitchen, 4 one-bedroom/one-bath units, and 2 two-bedroom/two-bath units, providing a balanced blend of unit types that cater to a wide tenant base. The units offer spacious, well-designed layouts flooded with natural light and enhanced by hardwood flooring, crown moldings, generously sized kitchens, bathrooms, and closets, further reinforcing the asset’s timeless appeal.
Operationally, the property benefits from upgraded electrical panels, while still presenting significant upside in rents, allowing a new owner to capture meaningful income growth while preserving the charm and integrity of the asset.
From a location standpoint, 2411-2417 20th Street is ideally positioned in Sunset Park, one of Santa Monica’s most vibrant and desirable neighborhoods. The property is just moments from Main Street, a lively destination known for its boutique retail, cafés, fitness studios, and some of the Westside’s most popular dining spots. Residents also enjoy close proximity to Santa Monica Beach, offering immediate access to the ocean, bike paths, and outdoor lifestyle that defines coastal living.
The surrounding area is anchored by strong fundamentals, including proximity to Santa Monica High School and other highly regarded schools, as well as convenient access to neighboring Westside hubs such as Venice, Mar Vista, and Santa Monica’s broader retail and employment centers. The location offers a seamless blend of coastal lifestyle, walkability, and urban convenience, making it one of the most consistently in-demand rental markets in Los Angeles. For investors seeking a low-density, character-rich asset with substantial rental upside in a premier coastal location, 2411-2417 20th Street represents a truly rare opportunity.
Bilan financier (Pro forma - 2026) |
Annuel (CAD) | Annuel par pi² (CAD) |
|---|---|---|
| Revenu de location brut |
218 318 $
|
44,45 $
|
| Autres revenus |
11 576 $
|
2,36 $
|
| Perte due à l’inoccupation |
6 549 $
|
1,33 $
|
| Revenu brut effectif |
223 345 $
|
45,47 $
|
| Taxes |
-
|
-
|
| Dépenses d’exploitation |
-
|
-
|
| Total des dépenses |
78 787 $
|
16,04 $
|
| Revenu net d’exploitation |
144 559 $
|
29,43 $
|
Bilan financier (Pro forma - 2026)
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | 218 318 $ |
| Annuel par pi² | 44,45 $ |
| Autres revenus (CAD) | |
|---|---|
| Annuel | 11 576 $ |
| Annuel par pi² | 2,36 $ |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | 6 549 $ |
| Annuel par pi² | 1,33 $ |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | 223 345 $ |
| Annuel par pi² | 45,47 $ |
| Taxes (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Dépenses d’exploitation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Total des dépenses (CAD) | |
|---|---|
| Annuel | 78 787 $ |
| Annuel par pi² | 16,04 $ |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | 144 559 $ |
| Annuel par pi² | 29,43 $ |
Faits sur la propriété
| Prix | 2 963 001 $ CAD | Classe d’immeuble | C |
| Prix par unité | 423 286 $ CAD | Taille du lot | 0,31 AC |
| Type de vente | Investissement | Taille du bâtiment | 4 912 pi² |
| Multiplicateur du loyer brut | 12.89 | Occupation moyenne | 100% |
| Nombre d’unités | 7 | Nombre d’étages | 1 |
| Type de propriété | Immeuble residentiel | Année de construction | 1935 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 2,65/1 000 pi² |
| Style d’appartement | De faible hauteur | ||
| Zonage | R2, Santa Monica | ||
| Prix | 2 963 001 $ CAD |
| Prix par unité | 423 286 $ CAD |
| Type de vente | Investissement |
| Multiplicateur du loyer brut | 12.89 |
| Nombre d’unités | 7 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,31 AC |
| Taille du bâtiment | 4 912 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 1 |
| Année de construction | 1935 |
| Ratio de stationnement | 2,65/1 000 pi² |
| Zonage | R2, Santa Monica |
Commodités
Commodités des unités
- Foyer
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 2+2 | 2 | - | 850 |
| 1+1 | 4 | - | 700 |
| Studios | 1 | - | 400 |
1 1
Très accessible à pied
80/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun relativement accessibles
50/100
Moyennement accessible en vélo
70/100
Impôts fonciers
| Numéro de lot | 4273-018-014 | Évaluation des bâtiments | 244 099 $ CAD (2025) |
| Évaluation du terrain | 1 098 519 $ CAD (2025) | Évaluation totale | 1 342 618 $ CAD (2025) |
Impôts fonciers
Numéro de lot
4273-018-014
Évaluation du terrain
1 098 519 $ CAD (2025)
Évaluation des bâtiments
244 099 $ CAD (2025)
Évaluation totale
1 342 618 $ CAD (2025)
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7 Bungalow Units on Huge 13,514 SF Lot | 2411 20th St
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