PRIVATE PROPERTY. DO NOT DISTURB TENANTS. 1618 Berkeley Street in Santa Monica offers a unique opportunity for a variety of buyers, from families seeking access to top-rated public schools to those working from home and/or those looking to enter the multifamily investment business. Now vacant and ready for either an owner occupier or lease-up is a charming two-bedroom, one-bath unit with a peaceful rear patio and private access to a secured garage stall. The unit also features in-unit laundry, excellent light, and an additional dedicated uncovered parking space. Income from the two additional units can help offset living expenses and potentially support a mortgage. Families will appreciate the proximity to excellent public schools within the Santa Monica Malibu Unified School District, while investors can benefit from the income potential and the flexibility of owning a three-unit property in a premier rental submarket. What sets this property apart is the opportunity for an owner-occupier to apply for an exemption from city rent control, providing greater control over property operations and future income potential. The front structure features 1,823 square feet of living space, including a two-bedroom, one-bath unit and two one-bedroom, one-bath units, along with a shared laund Schedule a Private Showing

Listing courtesy of BRIDGE / CB Richard Ellis, Inc.

Last checked: Checking… • Last updated Mar 10, 2025 • Source: BRIDGE

MLS# CL25508701 — Report a problem

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