Seller's Agent in 2023
David Kelmenson
Compass
(310) 863-3030
29 in this area
58 Total Sales
501 Almar Ave Pacific Palisades, CA 90272
Pacific Palisades NeighborhoodEstimated Value: $3,394,000 - $3,632,000
3
Beds
2
Baths
2,217
Sq Ft
$1,582/Sq Ft
Est. Value
Highlights
- Solar Power System
- Room in yard for a pool
- Wood Flooring
- Canyon View
- Fireplace in Primary Bedroom
- Bonus Room
About This Home
As of May 2023Located in the serene and coveted Pacific Palisades El Medio bluffs and situated just one block from the Asilomar ocean view promontory, is this two-story three bedroom two bathroom rustic home with an expansive lushly landscaped, and secluded backyard. Upon entry, you are welcomed into an open spacious first floor with two bedrooms, one steam shower bathroom, a large kitchen with Viking and SubZero stainless steel appliances, a breakfast nook, and a great room with vaulted ceilings and oversized windows that overlook a magical and inviting private backyard. Seamlessly leading out from the upper level is a newly built four hundred-plus square foot deck with a brand new outdoor kitchen, BBQ, sink, and ample countertop space. Steps downstairs invite you to the primary suite with a walk-in closet and bathroom. Additionally, down the hallway is a den that can function as a separate home office which also opens out onto this vast, peaceful oasis of a backyard. The house recently had a new roof installed along with a full solar panel system. The property is adjacent to the highly desirable Palisades Village which offers boutique shopping experiences, award-winning dining, a movie theater, Erewhon, and much more! And if that's not enough there are seemingly endless outdoor activities to choose from such as hiking, beach, bike path, park, recreation center, and ocean bluffs. Pacific Palisades is a sun-drenched unparalleled and centrally located beach town and this home is truly a unique offering considering this breathtaking location.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $45,465
Year Built
- Built in 1946 | Remodeled
Lot Details
- 6,590 Sq Ft Lot
- East Facing Home
- Fenced Yard
- Sprinklers on Timer
- Back and Front Yard
- Property is zoned LAR1
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
- Driveway
- On-Street Parking
Property Views
- Canyon
- Mountain
Home Design
- Shingle Roof
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 2,217 Sq Ft Home
- 1-Story Property
- High Ceiling
- Skylights in Kitchen
- Track Lighting
- Wood Burning Fireplace
- Decorative Fireplace
- Gas Fireplace
- Shutters
- Bay Window
- Entryway
- Great Room
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Living Room with Attached Deck
- Dining Room
- Den
- Bonus Room
- Wood Flooring
- Sump Pump
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Oven or Range
- Gas Cooktop
- Range Hood
- Freezer
- Ice Maker
- Water Line To Refrigerator
- Dishwasher
- Tile Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub with Shower
- Steam Shower
Laundry
- Laundry in Garage
- Dryer
- Washer
Eco-Friendly Details
- Solar Power System
Outdoor Features
- Room in yard for a pool
- Balcony
- Open Patio
- Fire Pit
- Built-In Barbecue
Utilities
- Central Heating and Cooling System
- Overhead Utilities
- Central Water Heater
- Sewer in Street
Community Details
- No Home Owners Association
- Service Entrance
Listing and Financial Details
- Assessor Parcel Number 4414-008-024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2023
Closed on
May 12, 2023
Sold by
Adeli Family Trust
Bought by
Cohen Royce and Cohen Cole Miller
Seller's Agent
David Kelmenson
Compass
Buyer's Agent
F. Ron Smith
Compass
List Price
$3,895,000
Sold Price
$3,693,000
Premium/Discount to List
-$202,000
-5.19%
Total Days on Market
14
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$185,570
Avg. Annual Appreciation
-0.72%
Original Mortgage
$2,954,400
Outstanding Balance
$2,892,705
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$748,738
Purchase Details
Closed on
Aug 1, 2017
Sold by
Adeli Mohammad Reza and Adeli Shahla S
Bought by
Adeli Mohammad Reza and Adeli Shahla Sedighi
Purchase Details
Closed on
Jul 23, 2007
Sold by
Casey Abby
Bought by
Adeli Mohammad Reza and Adeli Shahla S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 30, 2002
Sold by
Casey Michael H
Bought by
Casey Abby S
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
4.5%
Purchase Details
Closed on
Aug 9, 2002
Sold by
Pregnolato Denis and Pregnolato Charlotte
Bought by
Casey Abby
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
4.5%
Purchase Details
Closed on
Nov 4, 1998
Sold by
Pregnolato Denis and Pregnolato Charlotte
Bought by
Pregnolato Denis and Prenolato Charlotte
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
6.62%
Purchase Details
Closed on
Jan 5, 1995
Sold by
Nelson Olen and Nelson Constance E
Bought by
Pregnolato Denis and Pregnolato Charlotte
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
9.27%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cohen Royce | $3,693,000 | Lawyers Title Company | |
| Adeli Mohammad Reza | -- | None Available | |
| Adeli Mohammad Reza | $1,749,000 | California Title Company | |
| Casey Abby S | -- | Investors Title Company | |
| Casey Abby | $1,080,000 | Investors Title Company | |
| Pregnolato Denis | -- | Benefit Land Title | |
| Pregnolato Denis | $515,000 | Title Land Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cohen Royce Lyle | $582,800 | |
| Open | Cohen Royce | $2,954,400 | |
| Previous Owner | Adeli Mohammad Reza | $992,000 | |
| Previous Owner | Adeli Mohammad Reza | $1,000,000 | |
| Previous Owner | Adeli Mohammad Reza | $350,000 | |
| Previous Owner | Adeli Mohammad Reza | $1,000,000 | |
| Previous Owner | Casey Abby S | $751,000 | |
| Previous Owner | Casey Abby S | $250,000 | |
| Previous Owner | Casey Abby S | $50,000 | |
| Previous Owner | Casey Abby | $600,000 | |
| Previous Owner | Pregnolato Denis | $620,000 | |
| Previous Owner | Pregnolato Denis | $595,000 | |
| Previous Owner | Pregnolato Denis | $66,000 | |
| Previous Owner | Pregnolato Denis | $412,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2023 05/19/23 | Sold | $3,693,000 | -5.2% | $1,666 / Sq Ft |
| 03/31/2023 03/31/23 | Pending | -- | -- | -- |
| 03/17/2023 03/17/23 | For Sale | $3,895,000 | -- | $1,757 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $45,465 | $3,766,860 | $3,013,488 | $753,372 |
| 2023 | $26,678 | $2,208,128 | $1,766,507 | $441,621 |
| 2022 | $25,426 | $2,164,832 | $1,731,870 | $432,962 |
| 2021 | $25,119 | $2,122,385 | $1,697,912 | $424,473 |
| 2019 | $24,358 | $2,059,435 | $1,647,551 | $411,884 |
| 2018 | $24,260 | $2,019,055 | $1,615,247 | $403,808 |
| 2016 | $23,214 | $1,940,655 | $1,552,526 | $388,129 |
| 2015 | $21,969 | $1,836,000 | $1,469,000 | $367,000 |
| 2014 | $22,471 | $1,836,000 | $1,469,000 | $367,000 |
Source: Public Records
Agents Affiliated with this Home
-
David Kelmenson
-
F. Ron Smith
Buyer's Agent in 2023
F. Ron Smith
Compass
(310) 500-3931
27 in this area
377 Total Sales
-
David Berg
Buyer Co-Listing Agent in 2023
David Berg
Compass
(310) 500-3931
28 in this area
365 Total Sales
Map
Similar Homes in the area
Source: The MLS
MLS Number: 23-248001
APN: 4414-008-024
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© 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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