$4,290,000
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0.34 Acres Lot
SOLD DATE : 05/31/2022
Key Details
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21677508
Sold Date 05/31/22
HOA Y/N No
Year Built 1949
Lot Size 0.344 Acres
Property Description
1420-1422 20th Street sits on two parcels totaling 14,999 SqFt. Due to being on two parcels, a new investor has the ability to add 4 ADU's (two per parcel). The cost per unit after adding the ADU's would be $306,428/unit. There are three units currently occupied in the building, but one has verbally committed to a Buyout for $35,000. 7 units are vacant and 4 of them have been nicely remodeled with modern finishes and quartz counter tops(see photos). Many of this information was discovered during escrow including the Seller Financing. Escrow canceled due the the Buyer's downleg not closing. If you have a client interested, contact the listing agent for a property tour.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Uncovered
Total Parking Spaces 5
Building
Story 1
Architectural Style Bungalow
New Construction No
Others
Senior Community No
Tax ID 4275009004
Special Listing Condition Standard
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Bought with Adam Kanizo LND Realty