1936 20th
Santa Monica, CA, 90404
$1,550,000
MLS: SB26128864
Beds
2
Baths
1
Sq Ft
1,260
Lot
0.14 ac
Year Built
1941
MLS #
SB26128864
Days on Market
2
Listed
Jun 15, 2026
Description
Value-Add Single Family home on a large 6080 SQ FT Lot. The existing home features 2 bedrooms, 1 bathroom, and approximately 1,260 SF of building area. With a large yard and car port the property offers a tremendous opportunity for a investor to either flip the home or build 2-3 ADUs on the property. This asset is perfect for a savvy owner/user looking to buy well below market and make your own renovations, or for a flipper or investor. Located in Santa Monica’s Pico / Mid-City area, the property is positioned near Santa Monica College, Virginia Avenue Park, Memorial Park, Pico Boulevard retail, the Metro E Line corridor, and the 10 Freeway, with quick access to Downtown Santa Monica, the beach, West LA, Culver City, and major Westside employment hubs. This combination of vacant possession, existing single-family improvements, lot depth, and ADU potential makes the property an attractive opportunity for an investor, owner-user, or developer seeking long-term rental income and upside in Santa Monica.
Location
Santa Monica, Los Angeles County, CA 90404
Open on Google Maps ↗Listed by: Cameron Samimi · Lyon Stahl Investment Real Estate, Inc.
Payment estimate
$11,286
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $155,000 · Loan: $1,395,000
Average 30-yr fixed rate 6.47% as of Jun 18, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,790
- Property tax (1.25%)
- $1,615
- Homeowners insurance
- $300
- Mortgage insurance
- $581
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 18, 2026
- 30-year fixed
- 6.47%
- 15-year fixed
- 5.81%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Santa Monica home with as little as 3.5% down using an FHA loan — roughly $54,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Santa Monica, CA 90404 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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