$2,500,000

Estimated payment $18,380/month

Total Views 8
14 Beds
13 Baths
8,390 Sq Ft
$298 Price per Sq Ft

About This Home

We are pleased to present a seven-unit multifamily investment opportunity at 1434 Berkeley St, located in Santa Monica's Mid-City neighborhood just south of Santa Monica Blvd, one of the Westside's most established and supply-constrained rental submarkets. The property offers a rare mix of large, townhouse-style units, uncommon for the submarket. Of the seven units, five are spacious two-bedroom, two-bath townhomes, one is a one-bedroom, one-bath unit, and one is a three-bedroom, two-bath unit, giving ownership a diversified rent roll across floor plans. The property provides seven on-site parking spaces, with five spaces in the rear and two tandem spaces at the front of the building, a meaningful amenity in a submarket where covered parking is limited. Most units feature granite countertops, copper plumbing, and individual washer and dryers, reducing near-term capital exposure for ownership. Newly installed garage gates in the rear of the building add a further layer of security and curb appeal. Built in 1964, the property totals approximately 8,390 square feet on a 7,807 square foot lot, with a small grass yard fronting the building along Berkeley St. Mid-City is Santa Monica's second most walkable neighborhood, carrying a Walk Score of 92. Residents are within walking distance of the Wilshire Blvd retail and restaurant corridor and Santa Monica College. The Expo Line's 26th St/Bergamot station provides direct transit access, connecting residents to Downtown Santa Monica, Downtown Los Angeles, and destinations throughout the Westside.

Listing Agent

Neema Ahadian

Marcus & Millichap License #01346750 Listed on: 09/17/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,809 Sq Ft Lot
  • Lot Dimensions are 48x162

Parking

  • 7 Parking Spaces

Interior Spaces

  • 8,390 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 13 Bathrooms

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 4267-017-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

7,809 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 8390
  • Lot Acreage: 0.1793
  • Lot Dimensions: 48x162
  • Stories: 2
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 13.00
  • Price Per S Q F T: 297.97

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 7

Lot Info

  • Assessed Improvement Percent: 29.99
  • Assessed Improvement Value: 1219874
  • Assessed Land Percent: 70.01
  • Assessed Land Value: 2848380
  • Total Assessed Value: 4068254
  • Assessor Parcel Number: 4267-017-015
  • Lot Size Area: 7809

Rental Info

  • Total Actual Rent: 219642.00

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 219642.00
  • Number Of Units: 7
  • Type Of Units: Apartments

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $51,196 $4,149,618 $2,905,347 $1,244,271
2025 $51,196 $4,068,254 $2,848,380 $1,219,874
2024 $48,054 $3,988,485 $2,792,530 $1,195,955
2023 $47,301 $3,910,280 $2,737,775 $1,172,505
2022 $46,735 $3,833,609 $2,684,094 $1,149,515
2021 $45,596 $3,758,441 $2,631,465 $1,126,976
2019 $44,850 $3,646,965 $2,553,415 $1,093,550
2018 $42,137 $3,575,457 $2,503,349 $1,072,108
2016 $40,536 $3,436,620 $2,406,142 $1,030,478
2015 $11,552 $885,341 $147,819 $737,522
2014 $11,447 $867,999 $144,924 $723,075
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2026 09/17/26 For Sale $2,500,000 -26.3% $298 / Sq Ft
05/11/2015 05/11/15 Sold $3,390,000 -0.3% $404 / Sq Ft View Prior Sale
02/24/2015 02/24/15 Pending -- -- --
11/04/2014 11/04/14 For Sale $3,400,000 -- $405 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Trustee Deed $1,697,608 None Listed On Document
Quit Claim Deed -- None Available
Grant Deed $3,385,000 Fidelity Natl Title Ins Co
Grant Deed -- Fidelity National Title Co
Grant Deed -- Chicago Title Company
Grant Deed -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 New Conventional
Previous Owner $3,600,000 New Conventional
Previous Owner $1,700,000 Commercial
Previous Owner $1,680,000 Commercial
Previous Owner $1,200,000 Future Advance Clause Open End Mortgage
Previous Owner $1,000,000 Commercial
Previous Owner $500,000 Commercial
Source: Public Records

Source: The MLS

MLS Number: 26989915

The MLS
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