Prime Santa Monica Investment Opportunity! This well-maintained, pride of ownership multi-family property features five units with a total of 9 bedrooms and 5 bathrooms, spanning approximately 4,018 square feet. Conveniently located in Downtown Santa Monica, adjacent to major shopping and office complexes, close to 10 fwy, major transportation hubs and Santa Monica College. 4 units feature spacious 2 bedrooms and 1 bath, plus one cozy studio. Two units have been recently renovated with updated fixtures and appliances. Building provides 4 open parking spaces. There is onsite laundry; the Landlord owns its own equipment, which provides for additional income. The roof was replaced approximately 5 years ago.Seller is open to carry back a loan with a minimum of 60% down and is open to negotiating rate and terms.The seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information. Turnkey investment with strong income potential! Note: studio pictures are staged, the other interior shots are representative of one of the updated units.
Listed by James Silton
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License #01145342
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Silton Properties
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310-980-5832
Listed by CLAUDIA CORONADO
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License #01807999
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Silton Properties
Last updated February 10, 2025
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Source: CRMLS #24467337
Listing Facts
TypeMulti-family
NeighborhoodPico
Bedrooms9
Days on Prevu278
Size4,018 sqft
Price per sqft$696
Amenities
Washer/Dryer
Parking
Location
Mortgage Calculator
Listing History
02/10/2025
Status changed to Active
$2,795,000
01/12/2025
Status changed to Temporarily Off Market
$2,795,000
12/02/2024
Listed by Silton Properties
$2,795,000
Property Details for 1646 Berkeley Street
Exterior
Construction
Number Of Units Total: 5
Stories Total: 2
Year Built: 1956
Measurements
Building Area Total: 4,018
Lot Size Acres: 0.13
Lot Size Area: 5,788
Lot Size Square Feet: 5,788
Lot Size Units: Square Feet
Financial
Residential Income
Gross Income: $134,008.00
Taxes
Parcel Number: 4268004015
Interior
Features
Appliances: Refrigerator, Dryer, Washer
Measurements
Living Area: 4,018
Rooms
Bathrooms Total Integer: 5
Bedrooms Total: 9
Parking
Parking
Open Parking Spaces: 4
Parking Features: Driveway
Parking Total: 4
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Laundry Features: Common Area
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.