NOT LISTED FOR SALE

Edgewater Towers 17352 W Sunset Blvd Unit 401 Pacific Palisades, CA 90272

Estimated Value: $987,000 - $1,350,000

2 Beds
2 Baths
1,379 Sq Ft
$1,200/mo HOA Fee

Last Sold November 21, 2019

Last sale price $1,173,000 $851 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,131/month

9 Days on Market

Highlights

  • Ocean View
  • Gated with Attendant
  • 204,075 Sq Ft lot
  • Fitness Center
  • In Ground Pool
  • Contemporary Architecture

About This Home

As of November 2019

A luxurious and beautifully designed condo awaits in the coveted, guard gated Edgewater Towers. Escape to this bright and open condo boasting grand windows depicting awe-inspiring hillside, tree-top and peek-a-boo ocean views. Cook to your heart's content in the gourmet kitchen with stainless steel whirlpool appliances, ample cabinetry, eat-in breakfast bar, beautiful white counters and graciously flows to the dining space. Unwind in the living room accented by a lavish marble fireplace and sliding glass doors to serene balcony, perfect for enjoying a morning coffee. Additional condo features include well-appointed bedrooms, extensive closet space for storage, elegant bathrooms and more. Relish five-star resort-like amenities including dual salt water pools, basketball courts, tennis courts, gym, picnic areas with stunning ocean views and hiking trails. Only moments from the beach and the best the Pacific Palisades has to offer, move-in today and make this coastal oasis yours!

Last Agent to Sell the Property

Sally Forster Jones

Compass License #00558939 Listed on: 10/10/2019

Compass

Co-Listed By

Adam Katz

Rodeo Realty License #01153483

Last Buyer's Agent

Yann Fard

Merit Real Estate License #01917095

Merit Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,247

Year Built

  • Built in 1963

Lot Details

  • 4.68

HOA Fees

  • $1,200 Monthly HOA Fees

Property Views

  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,379 Sq Ft Home
  • Built-In Features
  • Decorative Fireplace
  • Formal Entry
  • Living Room
  • Dining Area

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Covered Space
  • Assigned Parking

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4415-018-144

Community Details

Overview

  • Association fees include cable TV, earthquake insurance, electricity, water
  • 148 Units

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Fitness Center
  • Hiking Trails

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,247

Year Built

Built in 1963

Lot Details

0

HOA Fees

$1,200 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Edgewater
  • Entry Floor: 4
  • Living Area: 1379
  • Planned Urban Dev: 0
  • Unit Floor In Building: 4
  • Year Built: 1963
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Mixed
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Cable
  • Price Per S Q F T: 851.34

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • View: Mountains, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated Community with Guard

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Fitness Center, Hiking Trails, Pool, Tennis Courts
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Cable TV, Earthquake Insurance, Electricity, Water
  • HOA Fees: 1200.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4415-018-144
  • Geocode Override: No
  • Lot Size Area: 204075

Multi Family

  • Number Of Units: 148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Oct 23, 2019
Sold by
Rahbar Shahla
Bought by
Rajabi Mitra and Davood Rajabi Family Trust
Seller's Agent
Sally Forster Jones
Compass
Buyer's Agent
Yann Fard
Merit Real Estate
List Price
$1,174,000
Sold Price
$1,173,000
Premium/Discount to List
-$1,000
-0.09%
Current Estimated Value
$1,224,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,590
Avg. Annual Appreciation
0.75%

Purchase Details

Closed on
Aug 2, 2016
Sold by
Rahbar Shahla
Bought by
Rahbar Shabla and Shahia Rahbar Declaration Of T

Purchase Details

Listed on
Sep 14, 2014
Closed on
Oct 10, 2014
Sold by
Carroll Robert S and Carroll Susan
Bought by
Rahbar Shahla
Seller's Agent
Gary Bluman
Real Estate Resources of CA
Buyer's Agent
behnaz samimi
Nelson Shelton & Associates
List Price
$800,000
Sold Price
$790,000
Premium/Discount to List
-$10,000
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$417,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 12, 2004
Sold by
Norton Mary Elizabeth and Mary Elizabeth Norton 2003 Tru
Bought by
Carroll Robert S and Carroll Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,900
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 24, 2003
Sold by
Norton Mary Elizabeth
Bought by
Norton Mary Elizabeth and The Mary Elizabeth Norton 2003

Purchase Details

Closed on
Jul 15, 1996
Sold by
Ohlbaum Mitchell and Dion Jennifer E
Bought by
Norton Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
3.95%

Purchase Details

Closed on
May 31, 1995
Sold by
Easterbrook Leslie
Bought by
Ohlbaum Mitchell and Dion Jennifer E
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
Rajabi Mitra $1,173,000 Usa National Title Co Inc
Rahbar Shabla -- None Available
Rahbar Shahla -- Title 365
Carroll Robert S $700,000 Equity Title
Norton Mary Elizabeth -- --
Norton Mary Elizabeth $232,000 Fidelity National Title Ins
Ohlbaum Mitchell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rahbar Shahla $417,000
Previous Owner Carroll Robert S $169,000
Previous Owner Carroll Robert S $114,900
Previous Owner Carroll Robert S $560,000
Previous Owner Norton Mary E $192,900
Previous Owner Norton Mary Elizabeth $44,000
Previous Owner Norton Mary Elizabeth $185,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2019 11/21/19 Sold $1,173,000 -0.1% $851 / Sq Ft
10/19/2019 10/19/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $1,174,000 0.0% $851 / Sq Ft
12/16/2014 12/16/14 Rented $4,200 -6.7% --
12/16/2014 12/16/14 Under Contract -- -- --
11/17/2014 11/17/14 For Rent $4,500 0.0% --
10/24/2014 10/24/14 Sold $790,000 -1.3% $573 / Sq Ft
10/03/2014 10/03/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $800,000 +1.3% $580 / Sq Ft
09/27/2014 09/27/14 Off Market $790,000 -- --
09/14/2014 09/14/14 For Sale $800,000 -- $580 / 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 $15,247 $1,282,843 $514,012 $768,831
2024 $15,247 $1,257,690 $503,934 $753,756
2023 $14,951 $1,233,030 $494,053 $738,977
2022 $14,251 $1,208,854 $484,366 $724,488
2021 $14,076 $1,185,152 $474,869 $710,283
2019 $10,141 $851,136 $323,216 $527,920
2018 $10,112 $834,448 $316,879 $517,569
2016 $9,670 $802,047 $304,575 $497,472
2015 $9,528 $790,000 $300,000 $490,000
2014 $9,737 $795,956 $682,251 $113,705
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-518660

The MLS

APN: 4415-018-144