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**
For sale
Listed by: CIC PROPERTIES INC. • CLAUDIA CORONADO • Contact: 909-568-7923
$2,640,000
1646 Berkeley St, Santa Monica, CA 90404
8beds
--baths
4,018sqft
Multi Family
Built in 1956
-- sqft lot
$2,531,700 Zestimate®
$657/sqft
$-- HOA
What's special
- 9 days |
- 110 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
CLAUDIA CORONADO DRE #01807999 909-568-7923,
CIC PROPERTIES INC.
Source: CRMLS,MLS#: IV26173620
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,018
- Total interior livable area: 4,018 sqft
Property
Features
- Entry location: Ground Level
- Pool features: None
Lot
- Size: 5,788 Square Feet
- Features: Level
Details
- Parcel number: 4268004015
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
Location
- Region: Santa Monica
Financial & listing details
- Price per square foot: $657/sqft
- Tax assessed value: $637,970
- Date on market: 8/9/2026
- Cumulative days on market: 10 days
- Listing terms: Cash,Conventional,Owner Will Carry
- Tenant pays: Electricity, Gas
Estimated market value
$2,531,700
$2.41M - $2.66M
$4,162/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Listed for sale | $2,640,000-5.5%$657/sqft |
Source:  CRMLS #IV26173620 Report a problem | ||
| 2/12/2025 | Listing removed | $2,795,000$696/sqft |
Source:  CLAW #24-467337 Report a problem | ||
| 2/10/2025 | Listed for sale | $2,795,000$696/sqft |
Source: CLAW #24-467337 Report a problem | ||
| 1/12/2025 | Listing removed | $2,795,000$696/sqft |
Source: CLAW #24-467337 Report a problem | ||
| 12/2/2024 | Listed for sale | $2,795,000+655.4%$696/sqft |
Source: CLAW #24-467337 Report a problem | ||
| 11/9/1993 | Sold | $370,000$92/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $637,970 +2% |
| 2025 | $8,806 +6.7% | $625,462 +2% |
| 2024 | $8,256 +1.6% | $613,199 +2% |
| 2023 | $8,126 +1.4% | $601,176 +2% |
| 2022 | $8,010 +3% | $589,389 +2% |
| 2021 | $7,776 +0.7% | $577,834 +1% |
| 2020 | $7,720 | $571,910 +2% |
| 2019 | $7,720 +8.1% | $560,697 +2% |
| 2018 | $7,139 | $549,704 +2% |
| 2017 | $7,139 +0.6% | $538,927 +2% |
| 2016 | $7,098 +3.9% | $528,361 +1.5% |
| 2015 | $6,833 +2.3% | $520,426 +2% |
| 2014 | $6,682 | $510,233 +2.5% |
| 2012 | -- | $497,969 +2% |
| 2011 | -- | $488,206 -42.7% |
| 2010 | -- | $852,450 +75.5% |
| 2009 | -- | $485,710 +2% |
| 2008 | -- | $476,187 +2% |
| 2007 | -- | $466,851 +2% |
| 2006 | -- | $457,698 |
| 2005 | -- | $457,698 +4% |
| 2004 | -- | $439,926 +1.9% |
| 2003 | -- | $431,864 +2% |
| 2002 | -- | $423,397 +4% |
| 2000 | -- | $406,958 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Mid-City
Nearby schools
GreatSchools rating
- 7/10McKinley Elementary SchoolGrades: K-5Distance: 0.7 mi
- 8/10Lincoln Middle SchoolGrades: 6-8Distance: 1.5 mi
- 9/10Santa Monica High SchoolGrades: 9-12Distance: 2 mi
- $---- bd-- ba-- sqft1646 Berkeley St APT 4, Santa Monica, CA 90404Off Market
- $---- bd1 ba350 sqft1646 Berkeley St APT 5, Santa Monica, CA 90404Off Market
- $1,950,3008 bd4 ba3.2k sqft1652 Berkeley St, Santa Monica, CA 90404Off Market
- $1,643,3003 bd3 ba1.1k sqft1642 Berkeley St, Santa Monica, CA 90404Off Market
- $1,164,5003 bd3 ba1.1k sqft1642 Berkeley St APT 0003, Santa Monica, CA 90404Off Market
- $1,164,5003 bd3 ba1.1k sqft1642 Berkeley St APT 3, Santa Monica, CA 90404Off Market
- $727,6001 bd1 ba844 sqft1642 Berkeley St APT 4, Santa Monica, CA 90404Off Market
- $1,462,7002 bd1 ba1k sqft1656 Berkeley St, Santa Monica, CA 90404Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $2,599,9996 bd5 ba2.9k sqft1224 24th St, Santa Monica, CA 90404For Sale
MLS ID #SB26136450, Ronald Giery, DOMO Real Estate. CRMLS - $2,850,0008 bd4 ba3.2k sqft616 Sunset Ave, Venice, CA 90291For Sale
MLS ID #SB26039732, Brett Lyon, Lyon Stahl Investment Real Estate, Inc.. CRMLS - $2,775,0008 bd6 ba2.9k sqft11967 Bray St, Los Angeles, CA 90230New Construction
MLS ID #PW26152055, Cameron Jacques, Kinnery's Brokerage House. CRMLS - $2,950,0006 bd6 ba3.4k sqft3906 Pacific Ave, Marina Del Rey, CA 90292For Sale
MLS ID #SR26160496, Joshua Sinatra, RE/MAX Gateway. CRMLS - $3,400,00010 bd8 ba3.8k sqft828 Indiana Ave, Venice, CA 90291For SaleMLS ID #PW26135913, William Kahng, Coldwell Banker Best Realty. CRMLS
- $2,500,0009 bd3 ba4.4k sqft3620 S Budlong Ave, Los Angeles, CA 90007For SaleMLS ID #P1-26637, Josephine Yang, Coldwell Banker Realty. CRMLS
- $2,599,9958 bd6 ba5.3k sqft7580 McGroarty Ter, Tujunga, CA 91042For SaleMLS ID #BB26081999, Bradley Korb, Brad Korb Real Estate Group. CRMLS
- $2,499,0006 bd5 ba2.9k sqft38 Dudley Ave, Venice, CA 90291For SaleMLS ID #OC26157135, Keren Zuniga, Zuniga Realty. CRMLS
- $2,690,00010 bd6 ba4.1k sqft2618 Glendale Blvd, Los Angeles, CA 90039For SaleMLS ID #GD26132163, Ann Marie Uy, Homesmart Evergreen Realty. CRMLS
- $2,300,00011 bd9 ba6k sqft2615 Chariton St, Los Angeles, CA 90034For SaleMLS ID #SB26169697, Mansour Bigdeli, Century 21 Coastal Properties. CRMLS
- $2,099,9008 bd8 ba4k sqft1189 Crenshaw Blvd, Los Angeles, CA 90019For SaleMLS ID #SR26134430, Stacey Havener, True North Realty. CRMLS
- $2,490,0006 bd6 ba4.2k sqft22450 Collins St, Woodland Hills, CA 91367For SaleMLS ID #SR26174744, Josh Ellis, Markus Shepherd. CRMLS
- $1,749,0008 bd7 ba4.5k sqft2325 Johnston St, Los Angeles, CA 90031For SaleMLS ID #OC26053622, William Bingley, William Bingley, Broker. CRMLS
- $2,400,00010 bd10 ba4.5k sqft4405 Ventura Canyon Ave, Sherman Oaks, CA 91423For SaleMLS ID #SR26127093, Haik Bokhchalian, JohnHart Real Estate. CRMLS
- $2,450,0005 bd4 ba2.9k sqft4040 East Blvd, Los Angeles, CA 90066For SaleMLS ID #SR26130333, Steven Nemeth, RE/MAX One. CRMLS
- $2,499,0005 bd4 ba2.8k sqft2024 Laurel Canyon Blvd, Los Angeles, CA 90046For SaleMLS ID #P1-27895, David Knight, Keller Williams Realty. CRMLS
- $1,650,0008 bd4 ba3.5k sqft4961 Kester Ave, Sherman Oaks, CA 91403For SaleMLS ID #SR26149191, Shake Tokatlian, Beverly and Company. CRMLS
- $2,138,00010 bd3 ba3.1k sqft1213 W 24th St, Los Angeles, CA 90007For SaleMLS ID #AR26142196, Gina Ma, IRN Realty. CRMLS
- $1,599,9009 bd5 ba4.5k sqft2017 Vestal Ave, Los Angeles, CA 90026For SaleMLS ID #PW26177463, Carole Geronsin, BHHS CA Properties. CRMLS
- $2,550,0007 bd5 ba3.2k sqft6206 Camellia Ave, North Hollywood, CA 91606For SaleMLS ID #GD26115199, Harout Aloyan, Coldwell Banker Hallmark. CRMLS
Local buyer's agents are ready to help
