1618 Berkeley Street #C, Santa Monica, CA 90404 (MLS # 25511277)

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PRICE $1,600,000 dsIDX morgage calculator
BEDS 4
BATHS 3
HOME SIZE 1,823 sqft
LOT SIZE 5,864 sqft

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.

DAYS ON MARKET 32 LAST UPDATED 3/13/2025
YEAR BUILT 1953 COMMUNITY Santa Monica
GARAGE SPACES 3.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR None
APPLIANCES Disposal, Dryer, Refrigerator, Washer
AREA Santa Monica
GARAGE Door-Multi, Garage, Garage Door Opener, Uncovered, Yes
HEAT Floor Furnace
LOT 5861 sq ft
PARKING Door-Multi,Garage,Garage Door Opener,Uncovered
POOL DESCRIPTION None
STORIES 1
STYLE Mid-Century Modern
VIEW Yes
VIEW DESCRIPTION City Lights
ZONING SMR2*
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 1618 BERKELEY STREET #C
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Listed with CB Richard Ellis, Inc.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 4/8/25 10:27 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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