Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

1111 Berkeley Street

Santa Monica, CA, 90403

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$3,275,000

MLS: 26666657

Beds

3

Baths

2

Sq Ft

1,762

Lot

0.21 ac

Year Built

1936

MLS #

26666657

Days on Market

9

Listed

Mar 18, 2026

Description

Located in the highly desirable North of Wilshire neighborhood between Montana Ave and Wilshire Blvd, 1111 Berkeley Street presents a rare opportunity to own in one of Santa Monica's most sought-after enclaves. Set on a generous 9,000 sq ft lot, this 1,760 sq ft property offers both comfortable living and exceptional upside potential. The home enjoys outstanding walkability, with Bristol Farms just walking distance, and Erewhon moments away, making everyday errands effortless while enhancing the coveted Westside lifestyle.Positioned within the award-winning Franklin School District, this location is ideal for families seeking access to top-tier education in a vibrant, community-oriented neighborhood. Tree-lined streets, proximity to Montana Ave's boutiques and cafs, and easy access to the beach further elevate the appeal.For investors, developers, or end-users, the expansive lot provides incredible potential to remodel, expand, or build a custom dream home in a prime Santa Monica location. Whether you're looking to create a personal residence or capitalize on development opportunities, this property offers the perfect blend of location, lifestyle, and long-term value.

Location

Santa Monica, Los Angeles County, CA 90403

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Listed by: Timothy Smith Jr. · Coldwell Banker Realty

Payment estimate

$23,050

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $327,500 · Loan: $2,947,500

%
Principal & Interest
$18,110
Property tax (1.25%)
$3,411
Homeowners insurance
$300
Mortgage insurance
$1,228
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Santa Monica home with as little as 3.5% down using an FHA loan — roughly $114,625 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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