NOT LISTED FOR SALE

1652 Berkeley St Santa Monica, CA 90404

Pico Neighborhood

Estimated Value: $1,831,000 - $2,362,000

8 Beds
4 Baths
3,250 Sq Ft
$660/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $1,922,000 $591 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $13,674/month

13 Days on Market

Highlights

  • City View
  • Cottage
  • 3 Car Attached Garage
  • McKinley Elementary School Rated A

About This Home

As of March 2022

Great bread and butter building in Santa Monica with huge rental upside. Owner-user or investment opportunity with a large 2br+2ba house in front and three 2br+1ba units in back separated by a courtyard. Almost never a vacancy and located in the heart of Santa Monica's creative district, close to schools, markets and parks. Convenient to Bergamot Light Rail station andArts Center and surrounded by major employment centers & companies such as Water Garden Lantana Studios, Lionsgate, Universal Music, Hulu & more. Great investment opportunity!

Last Agent to Sell the Property

Eric Sackler

Coldwell Banker Realty License #01057377 Listed on: 01/25/2022

Coldwell Banker Realty

Co-Listed By

Susan Lau

Coldwell Banker Realty License #01516710

Last Buyer's Agent

Eric Sackler

Coldwell Banker Realty License #01057377 Listed on: 01/25/2022

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,207

Year Built

  • Built in 1958

Lot Details

  • 5,799 Sq Ft Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Cottage

Interior Spaces

  • 3,250 Sq Ft Home
  • 2-Story Property
  • City Views

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4268-004-016

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,207

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Cottage
  • Street Number Display: Yes
  • Living Area: 3250
  • Lot Acreage: 0.1331
  • Stories: 2
  • Year Built: 1958
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 615.08

Exterior Features

  • Other Structures: None
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Garage: Garage, Attached
  • Total Parking: 4

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 36.99
  • Assessed Improvement Value: 201035
  • Assessed Land Percent: 63.01
  • Assessed Land Value: 342516
  • Total Assessed Value: 543551
  • Assessor Parcel Number: 4268-004-016
  • Lot Size Area: 5799

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 22.00
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 37138
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2023
Sold by
Anderson Parker R
Bought by
Bryant Road Trust
Current Estimated Value
$2,143,693

Purchase Details

Listed on
Jan 25, 2022
Closed on
Feb 14, 2022
Sold by
Myong Sun Kang Living Trust
Bought by
Anderson Parker R
Seller's Agent
Eric Sackler
Coldwell Banker Realty
Buyer's Agent
Eric Sackler
Coldwell Banker Realty
List Price
$1,999,000
Sold Price
$1,922,000
Premium/Discount to List
-$77,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.23%
Original Mortgage
$1,441,500
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2021
Sold by
Kang Myong Sook
Bought by
Kang Myong Sook

Purchase Details

Closed on
Apr 5, 2007
Sold by
Kang Myong Sun
Bought by
The Myong Sun Kang Living Trust

Purchase Details

Closed on
Oct 15, 1996
Sold by
Abrahamian Erik
Bought by
Kang Myong Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.87%

Purchase Details

Closed on
Sep 13, 1996
Sold by
Presbyterian Church Usa Foundation
Bought by
Kang Myong Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.87%

Purchase Details

Closed on
Aug 14, 1996
Sold by
Hathaway James C
Bought by
Presbyterian Church Foundation and The James C Hathaway Charitable Remainde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.87%
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
Bryant Road Trust -- None Listed On Document
Anderson Parker R $1,922,000 Equity Title
Kang Myong Sook -- None Available
The Myong Sun Kang Living Trust -- None Available
Kang Myong Sun -- Continental Lawyers Title Co
Kang Myong Sun $365,000 Continental Lawyers Title Co
Presbyterian Church Foundation -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Parker R $1,441,500
Previous Owner Kang Myong Sun $400,000
Previous Owner Kang Myong Sun $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $1,922,000 -3.9% $591 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $1,999,000 -- $615 / 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 $24,207 $2,039,640 $1,429,446 $610,194
2024 $24,207 $1,999,648 $1,401,418 $598,230
2023 $23,821 $1,960,440 $1,373,940 $586,500
2022 $7,643 $560,164 $352,985 $207,179
2021 $7,420 $549,181 $346,064 $203,117
2020 $7,366 $543,551 $342,516 $201,035
2019 $7,285 $532,894 $335,800 $197,094
2018 $6,824 $522,446 $329,216 $193,230
2016 $6,538 $502,161 $316,433 $185,728
2015 $6,451 $494,619 $311,680 $182,939
2014 $6,394 $484,931 $305,575 $179,356
Source: Public Records

Agents Affiliated with this Home

  • Eric Sackler

    Seller's Agent in 2022

    Eric Sackler

    Coldwell Banker Realty

    (310) 820-6651

    2 in this area

    26 Total Sales

    Eric Sackler
    Section Image
  • Susan Lau

    Seller Co-Listing Agent in 2022

    Susan Lau

    Coldwell Banker Realty

    (213) 220-5466

    3 in this area

    67 Total Sales

    Susan Lau
    Section Image
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Map

Source: The MLS

MLS Number: 22-118685

The MLS

APN: 4268-004-016

California Los Angeles County Santa Monica 90404 Pico

1652 Berkeley St, Santa Monica, CA

This home is located at 1652 Berkeley St, Santa Monica, CA 90404 since 25 January 2022 and is currently estimated at $2,143,693, approximately $659 per square foot. This property was built in 1958. 1652 Berkeley St is a home located in Los Angeles County with nearby schools including McKinley Elementary School, Lincoln Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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