1646 Berkeley Street

Description

Prime Santa Monica Investment Opportunity! This well-maintained, pride of ownership multi-family property features five units with a total of 9 bedrooms and 5 bathrooms, spanning approximately 4,018 square feet. Conveniently located in Downtown Santa Monica, adjacent to major shopping and office complexes, close to 10 fwy, major transportation hubs and Santa Monica College. 4 units feature spacious 2 bedrooms and 1 bath, plus one cozy studio. Two units have been recently renovated with updated fixtures and appliances. Building provides 4 open parking spaces. There is onsite laundry; the Landlord owns its own equipment, which provides for additional income. The roof was replaced approximately 5 years ago.Seller is open to carry back a loan with a minimum of 60% down and is open to negotiating rate and terms.The seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information. Turnkey investment with strong income potential! Note: studio pictures are staged, the other interior shots are representative of one of the updated units.

Listing information courtesy of: James Silton, Silton Properties 310-980-5832. *Based on information from the Association of REALTORS/Multiple Listing as of 01/08/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.