$1,860,000
SOLD AUG 1, 2024

16863 W Sunset Blvd Pacific Palisades, CA 90272

2 Beds
2 Baths
1,757 Sq Ft
7,204 Sq Ft Lot

Recently Sold

$1,059 Per Sq Ft

7% Below List Price

42 Days on Market

Highlights

  • Ocean View
  • Lawn
  • Breakfast Area or Nook
  • Traditional Architecture
  • No HOA
  • Bay Window

About This Home

As of August 2024

Discover your blank canvas with a glimpse of the sea nestled in one of the most coveted areas of the Pacific Palisades, just moments to the ocean and Palisades Village. This property presents a rare opportunity for visionaries and dreamers alike. With peekaboo ocean views teasing the horizon, this fixer-upper awaits its transformation into a coastal masterpiece. With ample space to expand and redesign, every corner of this property offers an opportunity for your creativity to flourish.

Last Agent to Sell the Property

Meredith Gruszka

Pardee Properties License #02013805 Listed on: 05/29/2024

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Scott Shifman

Clean Slate CA Inc. License #02165093

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,930

Year Built

  • Built in 1948

Lot Details

  • 7,204 Sq Ft Lot
  • Lot Dimensions are 60x120
  • South Facing Home
  • Lawn
  • Back Yard
  • Value in Land
  • Property is zoned LAR1

Property Views

  • Ocean
  • Woods

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,757 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Bay Window
  • Living Room with Fireplace
  • Dining Room
  • Carpet

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Driveway

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4415-015-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,930

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Living Area: 1757
  • Lot Acreage: 0.1654
  • Lot Dimensions: 60x120
  • Stories: 1
  • Year Built: 1948
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative, Living Room
  • Flooring: Carpet, Mixed
  • Appliances: Range
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Dining Area, In Kitchen
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Washer, Dryer, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1135.46
  • Windows: Bay Window

Exterior Features

  • Direction Faces: South
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Ocean, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Heating: Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4415-015-003
  • Lot Description: Back Yard, Lawn, Yard, Value In Land
  • Lot Location: City
  • Lot Size Area: 7204

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 29, 2024
Sold by
Coastal Capital Homes Llc
Bought by
Marquee Investment Group Llc
Seller's Agent
Meredith Gruszka
Pardee Properties
Buyer's Agent
Scott Shifman
Clean Slate CA Inc.
List Price
$1,995,000
Sold Price
$1,860,000
Premium/Discount to List
-$135,000
-6.77%
Views
52
Current Estimated Value
$2,020,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,984
Avg. Annual Appreciation
8.66%
Original Mortgage
$1,973,466
Interest Rate
6.87%
Mortgage Type
Construction

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 25, 2024
Sold by
Ryjacek Trust and Wave Services Inc
Bought by
Coastal Capital Homes Llc
Seller's Agent
Meredith Gruszka
Pardee Properties
Buyer's Agent
Scott Shifman
Clean Slate CA Inc.
List Price
$1,995,000
Sold Price
$1,860,000
Premium/Discount to List
-$135,000
-6.77%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,973,466
Interest Rate
6.87%
Mortgage Type
Construction

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 23, 2024
Sold by
Coastal Capital Homes Llc
Bought by
Marquee Investment Group Llc
Seller's Agent
Meredith Gruszka
Pardee Properties
Buyer's Agent
Scott Shifman
Clean Slate CA Inc.
List Price
$1,995,000
Sold Price
$1,860,000
Premium/Discount to List
-$135,000
-6.77%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,973,466
Interest Rate
6.87%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 1, 2002
Sold by
Gillies Peter R
Bought by
Gillies John K

Purchase Details

Closed on
Jul 9, 1996
Sold by
Deutsch Alex
Bought by
Deutsch Eleanor

Purchase Details

Closed on
Nov 15, 1993
Sold by
Rhodes Ryjacek Rosemary A
Bought by
Ryjacek Charles and Rhodes Ryjacek Rosemary A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,939,000 Lawyers Title Company
Grant Deed $1,860,000 Ticor Title Company
Grant Deed $1,939,000 Lawyers Title Company
Interfamily Deed Transfer $17,200 First American Title
Interfamily Deed Transfer -- Provident Title
Interfamily Deed Transfer -- Provident Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $713,700 Small Business Administration
Previous Owner $1,973,466 Construction
Previous Owner $1,973,466 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $1,860,000 -6.8% $1,059 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $1,995,000 -- $1,135 / 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
2025 $1,930 $1,139,660 $1,139,660 --
2024 $1,930 $142,718 $83,379 $59,339
2023 $1,900 $139,921 $81,745 $58,176
2022 $1,822 $137,179 $80,143 $57,036
2021 $1,787 $134,490 $78,572 $55,918
2019 $1,736 $130,503 $76,243 $54,260
2018 $1,680 $127,946 $74,749 $53,197
2017 $1,647 $125,438 $73,284 $52,154
2016 $1,589 $122,980 $71,848 $51,132
2015 $1,568 $121,133 $70,769 $50,364
2014 $1,583 $118,761 $69,383 $49,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-384533

The MLS

APN: 4415-015-003