NOT LISTED FOR SALE

Estimated Value: $8,198,000 - $9,278,000

4 Beds
4 Baths
2,986 Sq Ft
$2,883/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $8,100,000 $2,713 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $56,484/month

75 Days on Market

Highlights

  • Family Room with Fireplace
  • Built-In Features
  • Outdoor Grill
  • 2 Car Attached Garage
  • Laundry Room
  • Central Heating

About This Home

As of March 2022

Rare offering, located on one of the most coveted streets in the Huntington Palisades. This approx 13,500 sq ft flat lot presents an exceptional opportunity to build a dream estate or remodel the existing four-bedroom, single-level ranch-style home. Enjoy the California Coastal lifestyle just moments from some of the city's best beaches, parks, hiking trails, and Palisades Village.

Last Listed By

Samira Gores

The Agency License #01323193 Listed on: 12/20/2021

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $101,775

Year Built

  • Built in 1952

Lot Details

  • 0.3 Acre Lot
  • Tear Down
  • Property is zoned LARE11

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 2,986 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Carpet

Kitchen

  • Oven or Range
  • Freezer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • Outdoor Grill
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4411-024-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$101,775

Year Built

Built in 1952

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2986
  • Lot Acreage: 0.3043
  • Property Condition: Tear Down, Repair Cosmetic, Fixer
  • Stories: 1
  • Year Built: 1952
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Carpet, Mixed
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Barbeque, Freezer, Range/Oven, Dryer, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 2779.64

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Attached, Driveway, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 453.96
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Assessor Parcel Number: 4411-024-015
  • Lot Size Area: 13257

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Mar 21, 2022
Sold by
Suzanne Lai Julie
Bought by
Lai Vincent Nung Wai
Seller's Agent
Samira Gores
The Agency
Buyer's Agent
Laurie Hudson
Berkshire Hathaway HomeServices California Properties
List Price
$8,300,000
Sold Price
$8,100,000
Premium/Discount to List
-$200,000
-2.41%
Total Days on Market
75
Current Estimated Value
$8,610,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$510,068
Avg. Annual Appreciation
2.00%

Purchase Details

Listed on
Dec 20, 2021
Closed on
Mar 9, 2022
Sold by
Cig Property Holdings Llc
Bought by
Lai Vincent Nung Wai
Seller's Agent
Samira Gores
The Agency
Buyer's Agent
Laurie Hudson
Berkshire Hathaway HomeServices California Properties
List Price
$8,300,000
Sold Price
$8,100,000
Premium/Discount to List
-$200,000
-2.41%

Purchase Details

Listed on
Sep 29, 2020
Closed on
Oct 26, 2020
Sold by
Morales Marilyn
Bought by
Parker Bradley D and Morales Family Trust
Seller's Agent
Rachelle Rosten
Douglas Elliman
Buyer's Agent
Tiffany Martin
The Agency
List Price
$6,500,000
Sold Price
$6,650,000
Premium/Discount to List
$150,000
2.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.01%

Purchase Details

Listed on
Sep 29, 2020
Closed on
Oct 16, 2020
Sold by
Bank Of America Na
Bought by
Cig Property Holfding Llc
Seller's Agent
Rachelle Rosten
Douglas Elliman
Buyer's Agent
Tiffany Martin
The Agency
List Price
$6,500,000
Sold Price
$6,650,000
Premium/Discount to List
$150,000
2.31%

Purchase Details

Closed on
Jul 11, 2017
Sold by
Morales Marilyn and Morales Family Trust
Bought by
Morales Marilyn and Morales Family Trust

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
Lai Vincent Nung Wai -- Stewart Title Company
Lai Vincent Nung Wai $8,100,000 Stewart Title Of California In
Cig Property Holfding Llc $6,650,000 First American Title
Morales Marilyn -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 For Sale $8,300,000 +2.5% $2,780 / Sq Ft
03/29/2022 03/29/22 Sold $8,100,000 0.0% $2,713 / Sq Ft
03/20/2022 03/20/22 Off Market $8,100,000 -- --
12/20/2021 12/20/21 For Sale $8,300,000 +24.8% $2,780 / Sq Ft
10/30/2020 10/30/20 Sold $6,650,000 +2.3% $2,227 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $6,500,000 -- $2,177 / 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
2024 $101,775 $8,427,240 $5,573,943 $2,853,297
2023 $99,772 $8,262,000 $5,464,650 $2,797,350
2022 $79,732 $6,783,000 $5,100,000 $1,683,000
2021 $78,801 $6,650,000 $5,000,000 $1,650,000
2019 $3,846 $279,527 $161,964 $117,563
2018 $3,666 $274,047 $158,789 $115,258
2016 $3,483 $263,408 $152,624 $110,784
2015 $3,437 $259,452 $150,332 $109,120
2014 $3,459 $254,371 $147,388 $106,983
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 21-796986

The MLS

APN: 4411-024-015