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    1420 Berkeley Street

    Santa Monica, CA 90404
    • $3,300,000
    • STATUS: Active Under Contract
    • ON SITE: 75 days
    • ID#: 20672444
    Under Contract
    UPDATED: 59 min ago
    $3,300,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,134
      SQFT
    • $463
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Ratings & Info

    Description

    1420 Berkeley Street is a rare 100% Vacant 6-unit apartment building located on a prime corner lot in Santa Monica. This unique property boasts a desirable unit mix of two-bedroom units and a two-bedroom front townhouse. There is an additional office with half bath (500 sf) that can be rented out for additional income. Walking distance from Santa Monica Blvd and Wilshire Blvd with many restaurants, shopping, and cafes. All income is projected and based on the building being fully occupied with tenants. All showings will be subject to an accepted offer.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-07T11:26:10.38. 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 deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.

    www.homefinderorangecounty.com/homes/112782192
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    1420 Berkeley Street Santa Monica, CA 90404

    • Price: $3,300,000
    • Status: Active Under Contract
    • Updated: 59 min ago
    • ID#: 20672444
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    7,134
    SQFT
    $463
    $/SQFT
    1966
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    1420 Berkeley Street is a rare 100% Vacant 6-unit apartment building located on a prime corner lot in Santa Monica. This unique property boasts a desirable unit mix of two-bedroom units and a two-bedroom front townhouse. There is an additional office with half bath (500 sf) that can be rented out for additional income. Walking distance from Santa Monica Blvd and Wilshire Blvd with many restaurants, shopping, and cafes. All income is projected and based on the building being fully occupied with tenants. All showings will be subject to an accepted offer.
    Exterior Features

    Direction Faces North Lot Size Units Square Feet Parking Features DrivewayAssignedCovered Parking YN Yes

    Interior Features

    Appliances Dishwasher Appliances YN Yes Heating Fireplace(S) Heating YN Yes

    Property Features

    Country Us Gross Income 249600.00 Gross Multiplier 13.22 Gross Operating Income 249600.00 Net Operating Income 143112.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 99000.00 Vacancy Allowance Rate 100.00 Zoning Smr2*

    Listing provided courtesy of Chase Simonton of Re/Max One


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-07T11:26:10.38. 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 deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.

     
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    Zen Ziejewski and Team | Keller Williams Realty
    27101 Puerta Real #150
    Mission Viejo CA, 92691