Santa Monica · Condominium

1242 Berkeley St

1242 Berkeley Street, Santa Monica, CA 90404 · Santa Monica

17Residences
3Stories
1981Year Built
Overview

1242 Berkeley St, a 1981 low-rise in Santa Monica.

Set in Santa Monica, 1242 Berkeley St is a 17-residence condominium building. It was built in 1981 and rises three stories. Building amenities include controlled access and gated parking.

Contact a Condos of LA advisor for current availability, pricing, and a private tour of 1242 Berkeley St.

Currently Available

Condos for sale & rent at 1242 Berkeley St

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Listings update automatically from the MLS. Availability and pricing are provided by the listing brokerages.

Market

Recent sales at 1242 Berkeley St

$769Average Sold $/Sq Ft
$556 to $721HOA dues /mo
3Sales shown
DateResidenceBeds/BathsSq FtSale price$/Sq FtHOA dues
Jun 2025133 bd · 4 ba1,971$1,495,000$759$721/mo
Aug 2024172 bd · 3 ba1,534$1,300,000$847$556/mo
Nov 2023123 bd · 4 ba2,082$1,500,000$720$610/mo

Closed sales at 1242 Berkeley St from MLS records.

The Building

Amenities & services

Landscaped grounds
Pet policy
Controlled Access
Gated Parking
Hot Water
Extra Storage
Ownership, HOA & buyer diligence

What to know before you buy at 1242 Berkeley St

The details that make or break a condo decision: current HOA dues and what they cover, parking, and the building's pet & leasing rules. Our advisors pull these straight from the building's HOA documents for any residence you're weighing.

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Ownership
Condominium, individually owned residences
Building type
Low-rise
HOA dues
Current figures on request
Dues typically cover
Earthquake Insurance, Water Paid
Parking
On-site resident parking
Pets & leasing
Pet rules

Compiled from public sources · last reviewed July 2026. We confirm current dues, reserves, lender and policy details for any residence you're considering.

Financing

Can you finance a condo at 1242 Berkeley St?

1242 Berkeley St has 17 residences, so a conventional loan here requires a Full Review of the HOA's finances, the standard for every building over 10 units since August 3, 2026. From January 4, 2027, that review tests whether the budget puts at least 15% of dues into reserves, or funds the reserve study's top recommendation. The lender reads the budget, the reserve study, the insurance and any litigation or repairs, and the application date decides whether the 15% line applies.

Which loan you use changes the rules. Conventional loans run to $1,249,125 in LA County in 2026, jumbo lenders above that apply their own condo rules, and non-QM loans typically mean more down and a higher rate.

Tell us which residence you're weighing. Tyler or Michael will follow up personally with what to request from the HOA and what we find in it.

Get a building check for 1242 Berkeley St

Background: what warrantable and non-warrantable mean, and how the 2027 condo loan rules work.

General information as of October 27, 2026, not lending advice. Lenders apply their own rules, and only a lender's review decides whether a loan works at 1242 Berkeley St.

Location

In the heart of Santa Monica

1242 Berkeley St places you at the center of Santa Monica, with the neighborhood's dining, shopping and character just outside your door and the rest of Los Angeles within easy reach.

Private Showings

Arrange a private tour of 1242 Berkeley St.

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Building facts for 1242 Berkeley St (address, year, stories, residences and amenities) are compiled from public sources and may change; please verify with us.