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1523 Berkeley Street, Santa Monica, CA 90404

Santa Monica
Local realty services provided by:CENTURY 21 Masters
1523 Berkeley Street,Santa Monica, CA 90404
$1,725,000
  • 6 Beds
  • 5 Baths
  • 3,766 sq. ft.
  • Multi-family
  • Pending
Listed by: david messiah
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26986521
Source:CRMLS

Price summary

  • Price:$1,725,000
  • Price per sq. ft.:$458.05

About this home

1523 Berkeley St is a five-unit multifamily property located in a prime Santa Monica location, steps from Wilshire Blvd, within walking distance of Montana Ave, and a short distance from Lionsgate, Hulu, and the Colorado Ave entertainment corridor. Built in 1957 and situated on an 8,139 SF lot, the property consists of one 2-bedroom, 1-bath front house and four 1-bedroom, 1-bath units, along with five detached garages, a laundry room, and a central courtyard. Three of the units have been updated during prior tenant turnovers. One 1-bedroom unit and one garage will be delivered vacant, giving the next owner immediate flexibility to select their own tenant and capture current market rent. The property's large lot, courtyard setting, and five detached garages also provide additional long-term value-add potential. Offered at $1,725,000, the property is currently operating at a 5.37% cap rate and 12.20 GRM, equating to $345,000 per unit and approximately $458 per square foot. Three

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Home facts

  • Year built:1957
  • Listing ID #:26986521
  • Added:46 day(s) ago
  • Updated:October 28, 2026 at 08:22 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:5
  • Kitchen Description:Refrigerator
  • Living area:3,766 sq. ft.

Heating and cooling

  • Heating:Floor Furnace

Structure and exterior

  • Year built:1957
  • Building area:3,766 sq. ft.
  • Lot area:0.19 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,725,000
  • Price per sq. ft.:$458.05

Features and amenities

  • Appliances:Dryer, Washer
  • Laundry features:Dryer, Washer
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Masters is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Masters, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Randy Keith Thompson

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