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$ 3,480,000
Est. payment | /mo
8,990 SqFt
$ 3,480,000
Est. payment | /mo
8,990 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,990 sqft
Price per Sqft $387
MLS Listing ID CL25565285
HOA Y/N No
Year Built 1961
Lot Size 8,133 Sqft
Acres 0.19
Property Sub-Type Other
Property Description
Discover a premier investment opportunity at 1247 Berkeley Street, Santa Monica 90404 an expansive 8,990 SF six-unit apartment building ideally located just steps south of Wilshire Blvd. This exceptionally well-designed property offers an ideal unit mix, featuring mostly large 3-bedroom units, including a spacious 3-bedroom owner's unit with a generous private patio, perfect for owner-occupancy or commanding premium rents. The building also includes a large 2-bedroom unit with square footage comparable to the 3-bedroom layouts, providing flexibility and appeal to a wide range of tenants. Situated in one of Santa Monica's most sought-after neighborhoods with strong rental demand and proximity to top-tier amenities, 1247 Berkeley presents a compelling opportunity for investors seeking size, stability, and long-term upside in a blue-chip location.
Location
State CA
County Los Angeles
Zoning SMR2
Interior
Heating None
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 4267002021
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Listed by Chase Simonton • RE/MAX One
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "