NOT LISTED FOR SALE

Estimated Value: $5,190,000 - $7,517,000

5 Beds
4 Baths
3,490 Sq Ft
$1,875/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $6,100,000 $1,748 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $40,387/month

11 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • No HOA
  • Franklin Elementary School Rated A+
  • Family Room with Fireplace
  • Built-In Features

About This Home

As of January 2022

Perfectly situated in Santa Monica's most distinguished neighborhood is the 5 Bedroom, 4 Bathroom, 3,490 SF contemporary masterpiece and ultra private residence of 878 Berkeley Street. A tour de force with unparalleled highlights including a modern light-filled great room, crystal blue infinity pool looking to the ocean and three luxurious decks including the rooftop which boasts the highest views on the west side of the street. Transcend into a modern day utopia through the striking courtyard, with a stone lined waterfall flowing into a fish pond, concrete fireplace, cushioned seating and lounging area. Enter the charismatic great room, with wall-to-wall sliding glass doors that fully open the family room out to the crisp ocean breeze. The Chef's kitchen is accentuated with rich brown cabinetry, dual stoves, stainless steel appliances and abundant counter space. On the main level, the Master Suite and Bath with dual his and her sinks, floating tub and large walk-in shower. An entrance to your own private nook and fireplace off the back deck. Downstairs on the bedroom level, an additional family entertainment which also opens to the terrace. The home's backyard relishes each level with it's own unique paradise, beginning with the highest of ocean views on the coveted rooftop deck. The main level terrace leads you to the next level of pure entertainment, relax in the heated spa, go for a refreshing dip or lounge poolside. A well-maintained flat lot rests below - an entire day can be spent savoring this outdoor oasis! Entrance to the 2-Car garage (two electric plug-ins) from a convenient alley or via stairs up through the back of the home. Moments from the charming and artsy Montana Avenue with the beautiful beaches of Santa Monica Bay at your fingertips.

Last Agent to Sell the Property

Robert Howell

Keller Williams Beverly Hills License #01229400 Listed on: 11/18/2021

Keller Williams Beverly Hills

Last Buyer's Agent

Veronica Klein

Compass License #01218557

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 7,709 Sq Ft Lot
  • Lot Dimensions are 54x140
  • Property is zoned SMR1*

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • City

Interior Spaces

  • 3,490 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4266-005-052

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 3490
  • Lot Acreage: 0.1770
  • Lot Dimensions: 54x140
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Patio
  • Flooring: Mixed
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Equipment: Microwave, Built-Ins, Washer, Dryer
  • Price Per S Q F T: 1714.00

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Ocean, City
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4266-005-052
  • Lot Size Area: 7709

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Dec 2, 2021
Sold by
Morris Paul M
Bought by
R Otto Maly Lbwable Trust and Maly
Seller's Agent
Robert Howell
Keller Williams Beverly Hills
Buyer's Agent
Veronica Klein
Compass
List Price
$5,985,000
Sold Price
$6,100,000
Premium/Discount to List
$115,000
1.92%
Current Estimated Value
$6,542,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,170
Avg. Annual Appreciation
1.76%

Purchase Details

Closed on
Sep 11, 2015
Sold by
Morris Paul M and Paul M Morris Family Living Tr
Bought by
Morris Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,530,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2015
Sold by
Melany Michelle L and The Michelle L Melany Separate
Bought by
Morris Paul M and The Paul M Morris Family Livin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
3.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 10, 2010
Sold by
Morris Paul M
Bought by
Morris Paul M and The Paul M Morris Family Livin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,675,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2010
Sold by
Morris Paul M
Bought by
Paul M Morris Family Living Trust

Purchase Details

Closed on
Jan 8, 2010
Sold by
Melany Michelle L
Bought by
Melany Michelle L and The Michelle L Melany Separate

Purchase Details

Closed on
Jun 26, 2007
Sold by
Bjerling J Stefan R and The Survivors Tr Bjerling Revo
Bought by
Morris Paul M and Morris Melany Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,374,750
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2001
Sold by
Bjerling Elizabeth and Bjerling Revocable Trust
Bought by
Bjerling Elizabeth and Bjerling Revocable Trust

Purchase Details

Closed on
Dec 6, 1994
Sold by
Bjerling Gustaf and Bjerling Elizabeth
Bought by
Bjerling Gustaf and Bjerling Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
R Otto Maly Lbwable Trust $6,100,000 Clearmark Title
Morris Paul M -- Fidelity National Title
Morris Paul M $1,300,000 Fidelity
Morris Paul M -- Fidelity
Morris Paul M -- Fidelity National Title Co
Morris Paul M -- Fidelity National Title Co
Paul M Morris Family Living Trust -- None Available
Melany Michelle L -- None Available
Morris Paul M -- None Available
Morris Paul M -- Equity Title Company
Bjerling Elizabeth -- --
Bjerling Elizabeth -- --
Bjerling Gustaf -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Paul M $2,530,000
Previous Owner Morris Paul M $1,850,000
Previous Owner Morris Paul M $1,675,000
Previous Owner Morris Paul M $1,374,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2022 01/07/22 Sold $6,100,000 +1.9% $1,748 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $5,985,000 -- $1,715 / 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 $74,134 $6,473,367 $5,019,726 $1,453,641
2024 $74,134 $6,346,439 $4,921,300 $1,425,139
2023 $72,954 $6,222,000 $4,824,804 $1,397,196
2022 $35,417 $2,954,689 $2,410,355 $544,334
2021 $34,564 $2,896,755 $2,363,094 $533,661
2019 $33,993 $2,810,837 $2,293,004 $517,833
2018 $31,942 $2,755,724 $2,248,044 $507,680
2016 $30,795 $2,648,717 $2,160,750 $487,967
2015 $30,501 $2,617,878 $2,006,591 $611,287
2014 -- $2,566,598 $1,967,285 $599,313
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-106573

The MLS

APN: 4266-005-052