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- Listed price
- $1,725,000
- Listed Sep 11, 2026 · $458/sq ft
- Last sold price
- No recorded sale
6 beds|5 ba|3,766 sqft|8,139 sqft lot|1957 Built|8 days listed
1523 Berkeley St, Santa Monica, CA 90404
Property Description
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
Listing agent: David MessiahDRE #02117893david.messiah@lyonstahl.com, Listing office: Lyon Stahl Investment Real Estate, Inc.
MLS data updated 10/16/2026, 7:21:34 PM PT
Source: CRMLSMLS #: 26986521
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Latest asking price$1,725,000
Sep 11, 2026
Available records12026
From MLS recordsActual listing and closing events
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This home · nearest recorded event
$1,725,000Original asking price · Sep 11, 2026ZIP 90404 · Sep 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 1 price recordsSep 11, 2026 – Sep 11, 2026
ZIP 90404 · same property typeThis MLS property type has no exact comparison group.
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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