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
Price cut: $150K (9/9)
$2,490,000
1646 Berkeley St, Santa Monica, CA 90404
8beds
5baths
4,018sqft
Multi Family
Built in 1956
-- sqft lot
$2,391,600 Zestimate®
$620/sqft
$-- HOA
What's special
- 56 days
- 247
- 7
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
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
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: $620/sqft
- Tax assessed value: $637,970
- Date on market: 8/9/2026
- Cumulative days on market: 56 days
- Listing terms: Cash,Conventional,Owner Will Carry
- Tenant pays: Electricity, Gas
Estimated market value
$2,391,600
$2.27M - $2.51M
$4,575/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Price change | $2,490,000-5.7%$620/sqft |
Source: | ||
| 8/10/2026 | Listed for sale | $2,640,000-5.5%$657/sqft |
Source: | ||
| 2/12/2025 | Listing removed | $2,795,000$696/sqft |
Source: | ||
| 2/10/2025 | Listed for sale | $2,795,000$696/sqft |
Source: | ||
| 1/12/2025 | Listing removed | $2,795,000$696/sqft |
Source: | ||
| 12/2/2024 | Listed for sale | $2,795,000+655.4%$696/sqft |
Source: | ||
| 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






