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.
Under contract
Price cut: $100K (8/1)
$3,480,000
1247 Berkeley St, Santa Monica, CA 90404
12beds
12baths
8,990sqft
Est.:
Multi Family
Built in 1961
-- sqft lot
$3,268,600 Zestimate®
$387/sqft
$-- HOA
What's special
Generous private patio
- 65 days
- on Zillow |
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