NOT LISTED FOR SALE

Estimated Value: $5,119,000 - $5,161,996

4 Beds
2 Baths
2,513 Sq Ft
$2,048/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $5,100,000 $2,029 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $33,986/month

29 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • East Facing Home
  • Formal Dining Room
  • Built-In Features
  • Rectangular Lot

About This Home

As of March 2023

First time on the market in over 60 years! Located in the exceptional and coveted Huntington Palisades area of Pacific Palisades. Fantastic development opportunity or fully renovate/build your dream home! House is situated on an over 8,600 sf rectangular lot on a quiet street. Close walking distance to schools, the Palisades Recreation Center, places of worship, and the Palisades Village. Minutes from beaches and hiking trails. Property just appraised for asking price. Agent/Buyer showings of interior upon accepted offer. Exterior showings with appointment and listing agent must be present. Please do not disturb occupants or walk on property. Property shall be sold AS-IS and no credits will be given.

Last Listed By

Krista Dabbas

KW Advisors License #01912439 Listed on: 01/16/2023

KW Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,908

Year Built

  • Built in 1951

Lot Details

  • 8,626 Sq Ft Lot
  • Lot Dimensions are 75x115
  • East Facing Home
  • Rectangular Lot
  • Back and Front Yard
  • Value in Land
  • Property is zoned LAR1

HOA Fees

  • $24 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,513 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Formal Dining Room
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 4411-009-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,908

Year Built

Built in 1951

Lot Details

0

HOA Fees

$24 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2513
  • Lot Acreage: 0.1980
  • Lot Dimensions: 75x115
  • Stories: 1
  • Year Built: 1951
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Formal Dining Rm
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins
  • Fireplace: Yes
  • Price Per S Q F T: 2089.14

Exterior Features

  • Direction Faces: East
  • Other Structures: Other
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Detached
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 290.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4411-009-007
  • Lot Description: Value In Land, Walk Street, Front Yard, Back Yard, Lot Shape-Rectangular, Yard
  • Lot Size Area: 8626

Rental Info

  • Furnished: Furnished Or Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Feb 24, 2023
Sold by
Martini Family Intervivos Trust
Bought by
741 Ocampo Drive Llc
Seller's Agent
Krista Dabbas
KW Advisors
Buyer's Agent
Laura Brau
Compass
List Price
$5,250,000
Sold Price
$5,100,000
Premium/Discount to List
-$150,000
-2.86%
Total Days on Market
29
Views
204
Current Estimated Value
$5,145,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,665
Avg. Annual Appreciation
1.71%
Original Mortgage
$3,570,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2023
Sold by
Martini Mario Michael
Bought by
Martini Family Intervivos Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,570,000
Interest Rate
7.75%
Mortgage Type
New Conventional

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
741 Ocampo Drive Llc $5,100,000 Usa National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 741 Ocampo Drive Llc $3,570,000
Previous Owner Martini Mario Michael $169,000
Previous Owner Martini Mario Michael $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $5,100,000 -2.9% $2,029 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $5,250,000 0.0% $2,089 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $5,250,000 -- $2,089 / 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 $62,908 $5,202,000 $3,705,354 $1,496,646
2023 $3,279 $238,431 $146,319 $92,112
2022 $3,144 $233,756 $143,450 $90,306
2021 $3,090 $229,174 $140,638 $88,536
2019 $3,005 $222,378 $136,467 $85,911
2018 $2,889 $218,019 $133,792 $84,227
2016 $2,742 $209,555 $128,598 $80,957
2015 $2,705 $206,408 $126,667 $79,741
2014 $2,724 $202,365 $124,186 $78,179
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 23-232767

The MLS

APN: 4411-009-007