NOT LISTED FOR SALE

1123 Berkeley St Santa Monica, CA 90403

Northeast Neighborhood

Estimated Value: $6,025,037 - $7,523,000

5 Beds
6.5 Baths
5,074 Sq Ft
$1,347/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $4,600,000 $907 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $40,506/month

39 Days on Market

Highlights

  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Franklin Elementary School Rated A+
  • Traditional Architecture
  • No HOA

About This Home

As of March 2018

Set within a prime Santa Monica locale, a seeming stone's throw away from Montana Avenue and the Brentwood Country Club, this newly-constructed architectural boasts spatial expansivity and fluidity throughout its five-bedroom floor plan. The traditional facade sets the stage for a soothing and bright interior, featuring a relaxed living space adjacent to the foyer and breezing forth to the home office, first story guest room, formal dining area and onward into the vast, fully-equipped chef's kitchen. Adjoining the kitchen is the impressive great room, lined with floor-to-ceiling glass sliding doors unto the patio with a vast pool and spa. The second story is replete with four ensuite bedrooms, including the grand master suite, complete with a tall vaulted ceiling, fireplace, capacious spa-like bath and French doors that open to a private balcony, overlooking the yard below. Traditional yet thoroughly luxe, this home realizes comfortable modern living in a matchless Santa Monica setting

Last Agent to Sell the Property

David Berg

Compass License #01481236 Listed on: 01/18/2018

Compass

Co-Listed By

F. Ron Smith

Compass License #00961954

Last Buyer's Agent

Richard Stearns

Compass License #01118915

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 9,004 Sq Ft Lot
  • Property is zoned SMR1*

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 5,074 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Heated Spa

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4266-007-030

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 5074
  • Stories: 2
  • Year Built: 2018
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom, Master Retreat
  • Flooring: Hardwood
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 6
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Elevator, Hood Fan, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 945.01

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: Heated
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4266-007-030
  • Geocode Override: No
  • Lot Size Area: 9004

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2019
Sold by
Kao David M
Bought by
Kao Family Trust
Current Estimated Value
$6,832,759

Purchase Details

Listed on
Jan 18, 2018
Closed on
Mar 8, 2018
Sold by
Tjc Real Estate Fund I Lp
Bought by
Kao David M
Seller's Agent
David Berg
Compass
Buyer's Agent
Richard Stearns
Compass
List Price
$4,795,000
Sold Price
$4,600,000
Premium/Discount to List
-$195,000
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%

Purchase Details

Listed on
Jul 8, 2016
Closed on
Aug 16, 2016
Sold by
Alipour Arash
Bought by
Tjc Real Estate Fund I Lp
Seller's Agent
F. Ron Smith
Compass
Buyer's Agent
David Berg
Compass
List Price
$2,295,000
Sold Price
$2,350,000
Premium/Discount to List
$55,000
2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.67%

Purchase Details

Closed on
Jul 14, 2005
Sold by
Ganz Howard Eli and Ganz Felice Rita
Bought by
Alipour Arash

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
4.93%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 16, 1999
Sold by
Trust Ganz Howard E And Felice R Trs Gan
Bought by
Ganz Howard Eli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,500
Interest Rate
7.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kao Family Trust -- None Available
Kao David M $4,600,000 Fidelity National Title Comp
Tjc Real Estate Fund I Lp $2,350,000 Fidelity Sherman Oaks
Alipour Arash -- Equity Title Company
Ganz Howard Eli -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alipour Arash $1,140,000
Previous Owner Ganz Howard Eli $518,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2018 03/23/18 Sold $4,600,000 -4.1% $907 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $4,795,000 +104.0% $945 / Sq Ft
09/06/2016 09/06/16 Sold $2,350,000 +2.4% $1,205 / Sq Ft View Prior Sale
07/28/2016 07/28/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $2,295,000 -- $1,177 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $60,302 $5,234,010 $4,437,532 $796,478
2024 $60,302 $5,131,383 $4,350,522 $780,861
2023 $59,345 $5,030,768 $4,265,218 $765,550
2022 $58,642 $4,932,127 $4,181,587 $750,540
2021 $57,247 $4,835,420 $4,099,596 $735,824
2020 $56,862 $4,785,840 $4,057,560 $728,280
2019 $56,310 $4,692,000 $3,978,000 $714,000
2018 $48,622 $4,219,300 $2,397,000 $1,822,300
2016 $19,667 $1,674,116 $1,587,310 $86,806
2015 $19,412 $1,648,971 $1,563,468 $85,503
2014 $19,132 $1,616,671 $1,532,842 $83,829
Source: Public Records

Agents Affiliated with this Home

  • David Berg

    Seller's Agent in 2018

    David Berg

    Compass

    (310) 500-3931

    7 in this area

    408 Total Sales

    David Berg
    Section Image
  • F. Ron Smith

    Seller Co-Listing Agent in 2018

    F. Ron Smith

    Compass

    (310) 500-3931

    7 in this area

    416 Total Sales

    F. Ron Smith
    Section Image
  • Richard Stearns

    Buyer's Agent in 2018

    Richard Stearns

    Compass

    (310) 850-9284

    2 in this area

    71 Total Sales

    Richard Stearns
    Section Image
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Map

Source: The MLS

MLS Number: 18-304396

The MLS

APN: 4266-007-030

California Los Angeles County Santa Monica 90403 Northeast

1123 Berkeley St, Santa Monica, CA

Not Listed for Sale

Detached

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