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California Regional Multiple Listing Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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

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Home / Santa Monica / 1523 Berkeley Street
1523 Berkeley Street Santa Monica, CA 90404 1523 Berkeley Street Santa Monica, CA 90404 1523 Berkeley Street Santa Monica, CA 90404 1523 Berkeley Street Santa Monica, CA 90404 1523 Berkeley Street Santa Monica, CA 90404 1523 Berkeley Street Santa Monica, CA 90404 1523 Berkeley Street Santa Monica, CA 90404 View All Photos

$1,725,000

| Active

1523 Berkeley Street

Santa Monica, CA 90404

3,766
Square Feet
6
Beds
5
Baths
0.19
Acres
0
Days on Market
26986521
MLS#
Multi-Family
Type
House
Structure
Commercial
Zone
Contact
Listing OfficeLyon Stahl Investment Real Estate, Inc.

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

Property Details
Heating
Floor Furnace
Bedrooms
6
Bathrooms
5
Stories
2
Acres
0.187
Square Feet
3766.0
Lot Size (sqft)
8139.0
Parking Spaces
0.0
Property Type
Multi-Family
Year Built
1957
Appliances
Refrigerator, Dryer, Washer
County
Los Angeles
Region
Santa Monica
Zoning
SMR2*
Original List Price
$1,725,000
MLS #
26986521
Property Subtype
ResidentialIncome
Parcel Number
4267027010
MLS #
26986521
Date Listed
September 11, 2026
Address
1523 Berkeley Street
Location
Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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

Provided By
Listed by David Messiah (#CLW-C136782)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#CLW-X82195)

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