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1921 20th, Santa Monica, California 90404, Santa Monica, 90404 - bed, bath

1921 20th, Santa Monica, California 90404 home-pic-0
ACTIVE$1,578,655
1921 20th, Santa Monica, California 90404
0Bed
0Bath
1,999Sqft
7,196Lot
Year Built
1948
Close
-
List price
$1.58M
Original List price
$1.58M
Price/Sqft
$790
HOA
-
Days on market
-
Sold On
-
MLS number
SR25255382
Home ConditionTear down
Features
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $1.58M(50th), sqft - 1999(50th), beds - undefined(50th), baths - undefined(50th).

ATTENTION !!! ATTENTION!!! ATTENTION!!! First time home buyers , investors , developers and Air Bnb operators here is your Chance to get a DIAMOND in the rock a with multi-family 7196 Sq Ft lot home With huge potential exactly 7 mins away from Santa Monica Pier !! Amazing Santa Monica school district- Edison Elementary rated 8 out 10 and Santa Monica high school rated 9 out 10 with great School rating The front house has 3 bedrooms and 2 baths. The rear house is 1 bedroom with 2 baths. There is a detached garage which can be turned in to ADU EASILY This property is sold AS IS. Perfect location, walking distance to Virginia Park and Whole Foods. This Property is Zoned SMR2 which supports a range of future redevelopment scenarios . Unlock the possibilities in Santa Monica's hot Pico corridor -a dual home(or dual Income) property anchored by exceptional location, Size and development potential. Whether you are an investor seeking long-term play, or developer with a vision , this offering is worth seeing !!!!!

Price History

Date
Event
Price
11/06/25
Listing
$1,578,655
10/10/25
Sold
$1,300,000
01/05/24
Sold
$1,450,500
Condition Rating
Tear down
Built in 1948, this property shows extensive neglect and severe deterioration throughout. The interior images reveal unlivable conditions, including severely damaged hardwood floors, dirty and outdated tiled flooring, peeling paint, cracked walls, stained ceilings, and graffiti. The kitchen is completely dilapidated with broken, outdated cabinets, old tiled countertops, and no visible functional appliances, requiring a full gut renovation. While the exterior structure isn't explicitly shown to be collapsing, the overall state of disrepair, boarded-up windows, and the 'as-is' sale condition strongly suggest that the existing structures are beyond practical repair for modern living. The listing itself emphasizes the 'huge potential' and 'redevelopment scenarios' based on the SMR2 zoning and lot size, indicating that the value lies primarily in the land rather than the existing, unlivable buildings.
Pros & Cons

Pros

Exceptional Location & Amenities: Situated in highly desirable Santa Monica, just 7 minutes from the Pier, and within walking distance to Virginia Park and Whole Foods, offering unparalleled convenience and lifestyle.
Strong Income & Multi-Unit Potential: A duplex configuration (3-bed/2-bath front, 1-bed/2-bath rear) provides immediate rental income or multi-generational living opportunities, enhancing its financial viability.
Significant Development & ADU Upside: SMR2 zoning on a generous 7,196 sq ft lot, coupled with an easily convertible detached garage for an ADU, offers substantial redevelopment and expansion possibilities.
Top-Tier School District: Located within the highly-rated Santa Monica school district, including Edison Elementary (8/10) and Santa Monica High School (9/10), significantly enhancing its family appeal and long-term value.
Broad Investor & User Appeal: The property's versatility makes it attractive to first-time homebuyers, investors, developers, and Airbnb operators seeking a high-potential asset in a prime market.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-10-10. The sold price is $1,300,000.00.
As-Is Sale Condition: Being sold 'as-is' indicates the buyer will assume responsibility for any necessary repairs, upgrades, or deferred maintenance, potentially requiring significant immediate investment.
Age of Construction (1948): Built in 1948, the property likely features older systems and finishes, which may necessitate extensive modernization and could lead to unforeseen maintenance issues.
Required Capital Investment for Potential Realization: While offering 'huge potential,' unlocking its full value (e.g., through redevelopment or extensive renovation) will require substantial additional capital and effort from the buyer.

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