Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
6 Beds
5 Baths
3,766 sqft

$1,725,000

1523 Berkeley Street, Santa Monica CA, 90404

Price per sqft$458.05
Built in1957
Property size3,766 sqft
Property typeResidential
Listed by David Messiah CA DRE# 02117893 with Lyon Stahl Investment Real Estate, Inc. 310-561-2384

Overview

Active

Listed Sep 11, 2026

Updated 2 weeks ago

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

$11,476/mo

Est. mortgage payment based on a $1,725,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26986521

Interior Features

Bedrooms
6
Bathrooms
5
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.19 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by David Messiah CA DRE# 02117893 with Lyon Stahl Investment Real Estate, Inc. 310-561-2384

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/23/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/23/2026 at 6:36 AM UTC Last Checked: 6:36 AM UTC

 

 

Powered by Luxury Presence