CA > Santa Monica
Santa Monica, CA 90404,1618 Berkeley St
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Santa Monica, CA 90404,1618 Berkeley St
Santa Monica, CA 90404,1618 Berkeley St
Santa Monica, CA 90404,1618 Berkeley St
Santa Monica, CA 90404,1618 Berkeley St
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Anastasiya Richards

Anastasiya Richards

+1(510) 493-0442
$ 1,600,000
Est. payment /mo
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Active Under Contract

1618 Berkeley St Santa Monica, CA 90404

4 Beds

3 Baths

1,823 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,823 sqft

Price per Sqft $877

MLS Listing ID 25508701

Bedrooms 4

Year Built 1953

Lot Size 5,861 Sqft

Acres 0.1345

Property Sub-Type Multi-Family

Property Description

PRIVATE PROPERTY. DO NOT DISTURB TENANTS. 1618 Berkeley Street in Santa Monica offers a unique opportunity for various buyers, from families seeking top-rated schools to those working from home or entering the multifamily investment market. Now vacant and ready for an owner-occupier or lease-up, a charming two-bedroom, one-bath unit features a peaceful rear patio, in-unit laundry, excellent light, and private access to a secured garage stall, plus an additional uncovered parking space. Income from the two additional units can help offset living expenses and support a mortgage. Families benefit from proximity to excellent public schools, while investors gain from income potential and the flexibility of a three-unit property in a premier rental submarket. Owner-occupiers may also apply for an exemption from city rent control, offering greater control over property operations. The front structure includes 1,823 square feet of living space: one two-bedroom, one-bath unit and two one-bedroom, one-bath units, plus a shared laundry room. The detached garage provides three lockable single-car stalls and two uncovered spaces, totaling five parking spots. Located between Colorado and Pennsylvania Avenues, the property is near major employers, top schools, Bergamot Station Arts Center, dining, shopping, and the beach, with easy transit access. Investors can add value through rent increases, unit renovations, or converting the detached garage into a 580-square-foot ADU. With rents approximately 21% below market, there's strong potential for returns. Whether for living, investing, or both, 1618 Berkeley Street offers location, income potential, and long-term growth in a prime Santa Monica setting. BUYERS MUST INDEPENDENTLY VERIFY ALL INFORMATION. RELIANCE ON THIS MEMORANDUM IS AT YOUR OWN RISK.

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMR2*

Rooms

Other Rooms Stall(s)

Kitchen Tile Counters

Interior

Interior Features Common Walls, Laundry - Closet Stacked

Heating Floor Furnace

Cooling None

Flooring Hardwood, Tile

Equipment Built-Ins, Cable, Ceiling Fan, Dryer, Washer, Refrigerator, Freezer, Garbage Disposal

Laundry In Unit, Community

Exterior

Parking Features Detached, Door Opener, Assigned, Garage Is Detached

Garage Spaces 5.0

Building

Lot Description 2-4 Lots

Story 1

Level or Stories One

Schools

School District Santa Monica-Malibu Unified School District

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by CB Richard Ellis, Inc.

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+1(510) 493-0442

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