2140 20th St, Santa Monica, Los Angeles County, CA, 90405 Los Angeles CA US

Welcome to "Mini Havana"! Surrounded by lush greenery & mature trees, this charming, setback compound has all the makings of an amazing investment. Each recently remodeled unit of this TRI-PLEX is detached with their own private, high-fenced yard and equipped with their own washer and dryers, electrical & gas meters, water heaters, and ample parking + their own garages. The Main House is 2BR / 1BA approx 812 sq.ft., Middle Cottage is 1 BR / 1BA approx 650 sq.ft., and the Third Unit above the garage is 2BR / 1BA approx 81 sq.ft. There's so many possibilities - offset your mortgage by living in the main house and have tenants in the other units. Potential rent control exemptions. Or under the Santa Monica Home Share program, short term a part of your dwelling space (Check with the city). Or if you're an investor looking for all 3 to be rented at the market rate, 2 out of 3 units will be/are vacant and the third unit is already paying close to market rent. Very rare! The property has low expenses and will have great income at est. $12,200/mo! May be possible to convert the garages into income-producing ADUs too (check with city). Special properties like this don't hit the market very often, so now's your chance to build your portfolio with a unique asset. MUST SEE to truly appreciate it! Find out more about this property. Request details here