NOT LISTED FOR SALE

Estimated Value: $2,807,000 - $4,645,000

2 Beds
2 Baths
1,231 Sq Ft
$3,125/Sq Ft Est. Value

Last Sold January 11, 2017

Last sale price $2,525,000 $2,051 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $25,205/month

17 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Laundry Room
  • Living Room with Fireplace
  • Cottage
  • Garage

About This Home

As of January 2017

Calling all developers, investors, and homebuilders! Don't miss this rare opportunity to acquire side-by-side expansive ocean view properties on the coveted bluffs in desirable Pacific Palisades (535 Radcliffe and 539 Radcliffe.) Each lot is over 11,800 square feet per public record (for a combined lot size of 23,670 sq. ft.) and provides tremendous potential to build two large homes or an impressive mega compound. Well located near Palisades Village, parks, hiking trails, schools, trendy shops and the beach. Trust sale, please contact listing agent for buyer's package and terms of sale.

Last Listed By

Rachelle Rosten

Douglas Elliman License #01255977 Listed on: 11/28/2016

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,279

Year Built

  • Built in 1950

Lot Details

  • 0.27 Acre Lot
  • Value in Land
  • Tear Down
  • Property is zoned LAR1

Property Views

  • Ocean
  • Panoramic
  • Canyon

Home Design

  • Cottage
  • Major Repairs Completed
  • Fixer Upper

Interior Spaces

  • 1,231 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Laundry Room

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Garage
  • Carport
  • Driveway

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4412-015-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,279

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Living Area: 1231
  • Probate: No
  • Property Condition: Fixer, Repairs Major, Tear Down, Value Mainly In Land
  • Stories: 1
  • Year Built: 1950
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Linoleum, Mixed
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 2030.06

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Canyon, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Carport, Driveway, Garage

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Assessor Parcel Number: 4412-015-018
  • Geocode Override: No
  • Lot Size Area: 11822

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2020
Sold by
Lee Kenneth
Bought by
Lim Stephen and The Pacific View Trust
Total Days on Market
17
Current Estimated Value
$3,847,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,205,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2020
Sold by
Lim Stephen and Pacific View Trust
Bought by
Garrett Brian and Garrett Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,205,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 28, 2016
Closed on
Dec 16, 2016
Sold by
Elton Anne L and Lowry Revocable Trust
Bought by
Lee Kenneth and The Pacific View Trust
Seller's Agent
Rachelle Rosten
Douglas Elliman
Buyer's Agent
Cindy Ambuehl
Christie's International Real Estate SoCal
List Price
$2,499,000
Sold Price
$2,525,000
Premium/Discount to List
$26,000
1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%

Purchase Details

Closed on
May 26, 2016
Sold by
The Lowry Revocable Trust
Bought by
Elton Anne L

Purchase Details

Closed on
Jun 27, 2013
Sold by
Lowry Revocable Trust
Bought by
Lowry Ira S

Purchase Details

Closed on
May 12, 2006
Sold by
Lowry Ira S and Lowry Shirley P
Bought by
Lowry Ira S and Lowry Shirley P

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
Garrett Brian $3,500,000 Stewart Title Company
Lee Kenneth $5,050,000 Equity Title Company
Lowry Ira S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Garrett Family Trust $6,770,000
Closed Lim Stephen $2,205,000
Closed Garrett Brian $2,205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2017 01/11/17 Sold $2,525,000 +1.0% $2,051 / Sq Ft
11/28/2016 11/28/16 For Sale $2,499,000 -- $2,030 / 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 $45,279 $3,752,705 $3,645,486 $107,219
2023 $44,389 $3,679,123 $3,574,006 $105,117
2022 $42,301 $3,606,984 $3,503,928 $103,056
2021 $41,807 $3,536,260 $3,435,224 $101,036
2020 $33,360 $2,759,140 $2,748,528 $10,612
2019 $32,011 $2,705,040 $2,694,636 $10,404
2018 $31,923 $2,652,000 $2,641,800 $10,200
2016 $2,031 $161,897 $92,551 $69,346
2015 $2,003 $159,466 $91,161 $68,305
2014 $2,022 $156,343 $89,376 $66,967
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 16-182950

The MLS

APN: 4412-015-018