$3,765,000
$3,849,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
7,134 SqFt
SOLD DATE : 12/17/2021
Key Details
Sold Price $3,765,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,134 sqft
Price per Sqft $527
MLS Listing ID SB21225722
Sold Date 12/17/21
HOA Y/N No
Year Built 1966
Lot Size 7,805 Sqft
Acres 0.1792
Property Description
ADW MANAGEMENT IS PROUD TO PRESENT THIS 6 UNIT MULITY-FAMILY ASSET LOCATED AT 1420 BERKELEY STREET IN THE CITY OF SANTA MONICA. THIS ASSET CONTAINS A FRONT MIX OF A THREE-BEDROOM FRONT TOWNHOUSE STYLE UNIT AND 5 UNITS OF TWO-BEDROOMS IN THE REAR. ALL UNITS HAVE BEEN NEWLY RENOVATED WITH NEW FLOORING, KITCHEN CABINETS / COUNTERTOPS, APPLIANCES, ETC. EXTERIOR PROPERTY UPGRADES INCLUDES A REPLACED FLAT ROOF, COMPLETED SEISMIC RETROFIT REQUIREMENT, AND NEW WINDOWS. THIS PROPERTY IS CONVENIENTLY LOCATED NEAR MANY RESTAURANTS, CAFES, SHOPPING CENTERS AND IT IS ONLY A COUPLE BLOCKS FROM PRIME WILSHIRE.
1420 BERKELEY STREET PROVIDES AN INVESTOR WITH AN OPPORTUNITY TO OWN A PROPERTY IN SANTA MONICA WHERE ALL INTERIOR UNITS HAVE BEEN RENOVATED AND NOT HAVE TO WORRY ABOUT COSTLY FUTURE INTERIOR UPGRADES TO ACHIEVE THEIR DESIRED RENTS
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Rooms
Ensuite Laundry CommonArea, ElectricDryerHookup, GasDryerHookup
Interior
Interior Features CeilingFans, RecessedLighting
Laundry Location CommonArea,ElectricDryerHookup,GasDryerHookup
Heating WallFurnace
Cooling None
Flooring Vinyl
Fireplaces Type LivingRoom
Fireplace Yes
Laundry CommonArea, ElectricDryerHookup, GasDryerHookup
Exterior
Garage AttachedCarport, Garage
Garage Spaces 2.0
Carport Spaces 4
Garage Description 2.0
Pool None
Community Features Sidewalks
Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
View None
Roof Type Shingle,SpanishTile
Parking Type AttachedCarport, Garage
Total Parking Spaces 6
Private Pool No
Building
Lot Description Item01UnitAcre
Story 2
Entry Level Two
Sewer PublicSewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4267017009
Energy Description 700.0
Acceptable Financing Cash, CashtoNewLoan, Conventional, Item1031Exchange, VALoan
Listing Terms Cash, CashtoNewLoan, Conventional, Item1031Exchange, VALoan
Financing Conventional
Special Listing Condition Standard
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Bought with Eric Shin • Eric Shin
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