1646 Berkeley , Santa Monica, CA 90404
$2,490,000
Est. Payment: $13,510.67/mo
8 Bed
5 Bath
4018 Sqft
Status: Active | Days on site: 31
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House Description

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**

Highlights

Listed by CLAUDIA CORONADO , 909-568-7923 CIC PROPERTIES INC. , 909-589-5005. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.13

Year Built

1956

County

Los Angeles

Area

C14 - Santa Monica

Listing ID

IV26173620

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:
Water:Public

Exterior Features

Lot:Level,No Land Lease
Garage Capacity:0
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Principal Interest
$13,511
Taxes
$1,587

Home Price

$2,490,000

Loan Details

30 yrs
7.192%

Down Payment

20%
$498,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,510.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,510.67 $1,587.38 $0.00 $15,098.05
Yearly $162,128.10 $19,048.50 $0.00 $181,176.60
Total $4,863,842.96 $571,455.00 $0.00 $5,435,297.96

Today's Rates

30 Year

7.19%

20 Year

6.73%

15 Year

6.48%

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Market insight data is pulled from the same city as the listing being viewed (Santa Monica, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-25T19:06:14.000Z

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