NOT LISTED FOR SALE

1122 Charm Acres Place Pacific Palisades, CA 90272

Estimated Value: $2,676,000 - $4,924,593

5 Beds
6 Baths
4,775 Sq Ft
$819/Sq Ft Est. Value

Highlights

  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • City Lights View
  • Contemporary Architecture
  • Breakfast Area or Nook

About This Home

As of February 2020

Nestled on the quiet street of Charm Acres Place just a minute stroll to the Palisades Village, reveals this rustic Contemporary Mediterranean. This alluring villa features 4,775 sq. ft. of living space situated on a 6,271 sq. ft. lot with 5 bedrooms, 4 baths and 2 half baths, office, formal living area, formal dining, entertainment room, and breakfast nook. Walk through the front door and peer up the spiral wrought-iron custom stairwell, look down and see beautiful cherry floors, and feel the presence of your future home. The kitchen features two refrigerators three ovens, and handcrafted tumbled marble mosaics. Master Bedroom has sky blue Venetian plaster, built-in bedframe and cabinetry, and two massive walk-in closets. Backyard has exquisite pool and spa with waterfall.

Last Agent to Rent the Property

Marco Rufo

The Agency License #01362095 Listed on: 01/13/2020

The Agency

Last Renter's Agent

Julissa Torres

Keller Williams Beach Cities License #01783795

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,618

Year Built

  • Built in 1941

Lot Details

  • 6,271 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • City Lights
  • Woods
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,775 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Formal Entry
  • Family Room with Fireplace
  • 3 Fireplaces
  • Dining Area
  • Den with Fireplace
  • Library
  • Wood Flooring
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 4 Car Direct Access Garage
  • Driveway
  • Guest Parking
  • On-Street Parking

Pool

  • In Ground Pool
  • Gas Heated Pool
  • Permits for Pool

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $35,990
  • Tenant pays for cable TV, electricity, gas, insurance, water, hot water
  • 12 Month Lease Term
  • Assessor Parcel Number 4423-001-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,618

Year Built

Built in 1941

Lot Details

0

Rental Info

  • Security Deposit: 35990
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Water, Hot Water

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary Mediterranean
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lease Terms: 1+Year
  • Living Area: 4775
  • Probate: No
  • Stories: 2
  • Year Built: 1941
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Den, Family Room, Master Bedroom
  • Flooring: Hardwood, Mixed
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 4
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Laundry Area, On Upper Level, Room
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Network Wire, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 3.77

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated with Gas, In Ground, Permits
  • Pool: Yes
  • View: City Lights, Mountains, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Driveway, Garage - 2 Car, On street, Parking for Guests
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4423-001-026
  • Geocode Override: No
  • Lot Size Area: 6271

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2022
Sold by
Osullivan Family Trust
Bought by
Sunset Assets Lp
Current Estimated Value
$3,799,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,827,597
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$1,083,268

Purchase Details

Closed on
Apr 11, 2014
Sold by
Sullivan Joseph O
Bought by
O Sullivan Family Trust

Purchase Details

Closed on
Mar 27, 2013
Sold by
Osullivan Joseph and Osullivan April
Bought by
Osullivan Joseph and Osullivan April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 19, 2003
Sold by
Osullivan Joseph
Bought by
Osullivan Family Trust

Purchase Details

Closed on
Jun 30, 2003
Sold by
Osullivan April
Bought by
Osullivan Joseph

Purchase Details

Closed on
Apr 11, 2003
Sold by
Ledford Stephen C and Ledford Kathy
Bought by
Osullivan Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 1999
Sold by
Marie Ledford Revocable Trust and Stephen C
Bought by
Ledford Stephen C

Purchase Details

Closed on
May 19, 1994
Sold by
Ledford Marie
Bought by
Ledford Marie
Source: Public Records

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
Sunset Assets Lp -- Usa National Title
O Sullivan Family Trust -- None Available
Osullivan Joseph -- First American Title
Osullivan Family Trust -- --
Osullivan Joseph -- Equity Title Company
Osullivan Joseph $950,000 Equity Title Company
Ledford Stephen C -- --
Ledford Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunset Assets Lp $3,000,000
Previous Owner Sullivan Joseph O $800,000
Previous Owner Osullivan Joseph $750,000
Previous Owner Osullivan Joseph $999,999
Previous Owner Osullivan Joseph $1,000,000
Previous Owner Osullivan Joseph $650,000
Previous Owner Ledford Stephen C $288,000
Previous Owner Ledford Stephen C $70,000
Previous Owner Ledford Stephen C $50,000
Previous Owner Ledford Marie $120,000
Closed Osullivan Joseph $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Rented $16,247 -9.7% --
02/28/2020 02/28/20 Under Contract -- -- --
01/13/2020 01/13/20 For Rent $17,995 +33.3% --
09/01/2016 09/01/16 Rented $13,500 -10.0% --
08/22/2016 08/22/16 Price Changed $14,995 -16.7% $3 / Sq Ft
07/11/2016 07/11/16 For Rent $17,995 +52.5% --
11/07/2013 11/07/13 Rented $11,800 0.0% --
11/07/2013 11/07/13 Under Contract -- -- --
10/28/2013 10/28/13 For Rent $11,800 -- --
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
2025 $23,618 $702,361 $702,361 --
2024 $23,618 $1,925,808 $1,059,368 $866,440
2023 $23,163 $1,888,048 $1,038,597 $849,451
2022 $22,088 $1,851,029 $1,018,233 $832,796
2021 $21,801 $1,814,735 $998,268 $816,467
2019 $21,147 $1,760,910 $968,659 $792,251
2018 $21,047 $1,726,383 $949,666 $776,717
2016 $20,104 $1,659,348 $912,791 $746,557
2015 $19,809 $1,634,425 $899,081 $735,344
2014 $19,868 $1,602,410 $881,470 $720,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-543228

The MLS

APN: 4423-001-026