Gustavo Macias - Coldwell Banker Commercial Real Estate Solutions Logo
$2,640,000
 $14,172 est/mo Sourced by Back At You

1646 Berkeley,Santa Monica, CA 90404

Santa Monica, CA 90404

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Description

5-UNIT SANTA MONICA INVESTMENT OPPORTUNITY | SELLER FINANCING Investors take note! Here’s a fantastic opportunity to acquire a 5-unit multifamily property in a desirable section of Santa Monica. The property offers tenant mix of four 2-bedroom/1-bath units plus one studio, offering an attractive unit mix in a highly desirable rental market. The studio offers additional flexibility for investment or owner use and features an updated kitchen with new appliances. Existing rents provide potential for long-term income growth. Parking is available for four units. Parking is available for four units. Seller financing offered with a minimum 50% down payment. Terms and buyer qualifications subject to seller approval. Conveniently located near shopping, dining, employment centers, transportation, and the many amenities of Santa Monica and the Westside. An excellent opportunity for an investor seeking a Santa Monica multifamily asset with immediate income and future upside. ** Some photos staged for illustrative purposes**

Details

MLS #IV26173620
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1956
Days On Site19
Listing Provided ByCIC PROPERTIES INC. | CLAUDIA CORONADO

Features

SQ Feet4,018
Story(s)2
Units5
Building(s)1
Acreage0.13

Exterior

Lot FeaturesLevel

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Street Lights, Sidewalks

Area Information

StateCA
CountyLos Angeles
CitySanta Monica
Zip Code90404
AreaC14 Santa Monica
Listing VS Median (in 90404)
Price:
$2,640,000
low | high
Med:
$2,350,000
60.984848484848% of Average
sqft:
4,018
low | high
Med:
3,878
53.484320557491% of Average
$ / sqft:
$657
low | high
Med:
$606
57.77130510885% of Average
On site:
19
low | high
Med:
6
100% of Average
Sourced by Back At You

Market Activity 90404

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Additional Information

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Learn More About This Property

Gustavo Macias

Gustavo Macias

Coldwell Banker Commercial

01758792 (626) 523-1730gustavo.macias@cbcinland.com
StateCA
CountyLos Angeles
CitySanta Monica
Zip Code90404
AreaC14 Santa Monica
Listing VS Median (in 90404)
Price:
$2,640,000
low | high
Med:
$2,350,000
60.984848484848% of Average
sqft:
4,018
low | high
Med:
3,878
53.484320557491% of Average
$ / sqft:
$657
low | high
Med:
$606
57.77130510885% of Average
On site:
19
low | high
Med:
6
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.98M - $3.3M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
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1419 Stanford Street Property Photo 1
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1419 Stanford Street
Santa Monica, CA 90404
2709 Santa Monica Boulevard Property Photo 1
$3,799,000
2709 Santa Monica Boulevard
Santa Monica, CA 90404
2709 Santa Monica Boulevard Property Photo 1
$3,799,000
2709 Santa Monica Boulevard
Santa Monica, CA 90404
Listing Updated: August 21, 2026 at 9:55:22 PM PDT

Gustavo Macias - Coldwell Banker Commercial Real Estate Solutions