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.
Property Details
Price:
$2,795,000
MLS #:
24467337
Status:
Active
Baths:
0
Address:
1646 Berkeley Street
Type:
Residential Income
Neighborhood:
c14santamonica
City:
Santa Monica
Listed Date:
Nov 19, 2024
State:
CA
ZIP:
90404
Lot Size:
5,788 sqft / 0.13 acres (approx)
Year Built:
1956
See this Listing
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Schools
Interior
Appliances
Refrigerator
Cooling
None
Heating
Wall Furnace
Exterior
Parking Features
Driveway
Parking Spots
4.00
Stories Total
2
Financial
Map
Community
- Address1646 Berkeley Street Santa Monica CA
- AreaC14 – Santa Monica
- CitySanta Monica
- CountyLos Angeles
- Zip Code90404
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Courtesy of Silton Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1646 Berkeley Street
Santa Monica, CA
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