NOT LISTED FOR SALE

1339 Princeton St Santa Monica, CA 90404

Mid-City Santa Monica Neighborhood

Estimated Value: $3,719,567

7 Beds
8 Baths
5,003 Sq Ft
$743/Sq Ft Est. Value

Last Sold February 08, 2013

Last sale price $1,926,487 $385 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $22,680/month

17 Days on Market

Highlights

  • 11,933 Sq Ft lot
  • McKinley Elementary School Rated A
  • 8 Car Attached Garage

About This Home

As of February 2013

Nice courtyard building on very large lot just North of Santa Monica Blvd in beautiful Santa Monica! Strong Income. Nearly all units have been beautifully updated! All have laundry in unit except one unit. Several units have fireplaces. One separate 3 bed 2 bath unit is like a private home. Units are individually metered. Included in the expenses are gas, electric, water and trash, total $5045 per year. Good Parking. Curb appeal. This one sells itself! Inside with accepted offer. Please do not walk on this property and do not disturb these wonderful tenants. Email inquiries please... your email inquiries will be answered. Please provide proof of funds with your offer. Thank you. Buyer will cooperate with seller in sellers 1031 exchange at no cost to buyer.

Last Agent to Sell the Property

David Putnam

Berkshire Hathaway HomeServices California Properties License #01036004 Listed on: 12/28/2012

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Mary Beth Woods

Coldwell Banker Realty License #00470539

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,954

Year Built

  • Built in 1939

Lot Details

  • 0.27 Acre Lot

Interior Spaces

  • 5,003 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Car Attached Garage
  • Uncovered Parking

Community Details

  • 3 Buildings
  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 4267-009-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,954

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: No
  • Living Area: 5003
  • Stories: 2
  • Year Built: 1939
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 359.78

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Attached, Garage - 4+ Car, Uncovered
  • Total Parking: 8

Fee Information

  • Insurance Expense: 3683.00
  • Other Expense: 5045.00

Lot Info

  • Assessed Improvement Value: 299792
  • Assessed Land Value: 617946
  • Assessor Parcel Number: 4267-009-016
  • Geocode Override: No
  • Lot Size Area: 11933

Rental Info

  • Monthly Gross Income: 11812.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 12.60
  • Gross Scheduled Income: 141744.00
  • Number Of Units: 7
  • Rent Control: 100
  • Total Annual Expense: 32668
  • Type Of Units: apartments
  • Vacancy Rate: 5%

Tax Info

  • Tax Expense: 22500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2020
Sold by
Woods Donald F and Woods Mary Elizabeth
Bought by
Connemara Llc
Current Estimated Value
$3,719,567

Purchase Details

Closed on
Dec 9, 2020
Sold by
Dietsch Brian T
Bought by
Dietsch Jennifer M

Purchase Details

Closed on
Nov 20, 2020
Sold by
Woods Donald F and Woods Mary Elizabeth
Bought by
Woods Donald F and Woods Mary Elizabeth

Purchase Details

Closed on
Sep 18, 2013
Sold by
1339-41 Princeton Llc
Bought by
Woods Donald F and Woods Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 2013
Sold by
1339-41 Princeton Llc
Bought by
Woods Donald F and Woods Mary Elizabeth

Purchase Details

Listed on
Dec 28, 2012
Closed on
Jan 21, 2013
Sold by
Kaplan Marty and The Marty Kaplan Revocable Tru
Bought by
1339-41 Princeton Llc
Seller's Agent
David Putnam
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Mary Beth Woods
Coldwell Banker Realty
List Price
$1,800,000
Sold Price
$1,926,487
Premium/Discount to List
$126,487
7.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Jul 9, 2012
Sold by
Kaplan Marty and Marty Kaplan Revocable Trust
Bought by
Kaplan Marty and The Marty Kaplan Revocable Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 7, 1998
Sold by
Feldman Ann
Bought by
Kaplan Marty and The Marty Kaplan Revocable Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.66%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Connemara Llc -- Accommodation
1339 1341 Princeton Street Llc -- Accommodation
Woods Michael W -- Lawyers Title
1339 1341 Princeton Street Llc -- Accommodation
Dietsch Jennifer M -- Accommodation
Woods Donald F -- Accommodation
Woods Donald F -- Accommodation
Woods Donald F -- None Available
Woods Donald F -- None Available
1339-41 Princeton Llc -- Equity
Kaplan Marty -- Chicago Title Company
Kaplan Marty $750,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woods Donald F $575,000
Previous Owner Kaplan Marty $1,200,000
Previous Owner Kaplan Marty $1,100,000
Previous Owner Kaplan Marty $745,000
Previous Owner Kaplan Marty $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2013 02/08/13 Sold $1,926,487 +7.0% $385 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
12/28/2012 12/28/12 For Sale $1,800,000 -- $360 / 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 $28,954 $2,887,716 $1,738,778 $1,148,938
2024 $28,954 $2,325,820 $1,400,444 $925,376
2023 $28,500 $2,280,217 $1,372,985 $907,232
2022 $28,148 $2,235,508 $1,346,064 $889,444
2021 $27,449 $2,191,675 $1,319,671 $872,004
2020 $27,264 $2,170,423 $1,306,140 $864,283
2019 $26,994 $2,127,891 $1,280,530 $847,361
2018 $25,312 $2,086,192 $1,255,422 $830,770
2016 $24,335 $2,004,012 $1,206,673 $797,339
2015 $24,025 $1,973,911 $1,188,548 $785,363
2014 $23,728 $1,935,245 $1,165,266 $769,979
Source: Public Records

Agents Affiliated with this Home

  • David Putnam

    Seller's Agent in 2013

    David Putnam

    Berkshire Hathaway HomeServices California Properties

    (310) 890-7438

    15 Total Sales

    David Putnam
    Section Image
  • Mary Beth Woods

    Buyer's Agent in 2013

    Mary Beth Woods

    Coldwell Banker Realty

    (310) 463-1599

    1 in this area

    66 Total Sales

    Mary Beth Woods
    Section Image
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Map

Source: The MLS

MLS Number: 12-642039

The MLS

APN: 4267-009-016

California Los Angeles County Santa Monica 90404 Mid-City Santa Monica

1339 Princeton St, Santa Monica, CA

This home is located at 1339 Princeton St, Santa Monica, CA 90404 since 28 December 2012 and is currently estimated at $3,719,567, approximately $743 per square foot. This property was built in 1939. 1339 Princeton St is a home located in Los Angeles County with nearby schools including McKinley Elementary School, Lincoln Middle School, and Santa Monica High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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