1646 Berkeley

Santa Monica, CA 90404
$2,640,000
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. TheRead MoreRead Less
Property listed by CIC PROPERTIES INC., CLAUDIA CORONADO 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.13 Acres
Year Built
1956
MLS Number
IV26173620
Property Location Map
Additional Details
Building
Built in 1956, 1 building, 2 stories, Entry level: 1, Entry location: Ground Level
Community
Curbs, StreetLights, Sidewalks
Expenses
Electric: $1,486, Fuel: $846, Insurance: $8,300, Operating: $26,280, Trash: $1,800, Water/Sewer: $2,900
Income
Gross Income: $136,040, Gross ScheduledIncome: $133,731, Net Operating Income: $109,760
Laundry
CommonArea
Lot
0.1329 acres, Level
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 4268004015, Lot: 15
Tenant Pays
Electricity, Gas
Utilities
Water Source: Public, 4 separate electric meters, 4 separate gas meters
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Monthly Payment
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Michael Harby
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.