$2,550,000
SOLD SEP 6, 2019

17538 Posetano Rd Pacific Palisades, CA 90272

2 Beds
2 Baths
1,482 Sq Ft
4,438 Sq Ft Lot

Recently Sold

$1,721 Per Sq Ft

2% Below List Price

23 Days on Market

Highlights

  • Beach Front
  • Wood Flooring
  • Modern Architecture
  • White Water Ocean Views
  • Marble Countertops
  • Bonus Room

About This Home

As of September 2019

Extraordinary 180 degree oceanfront view home with easy beach access in an incredibly private location in the Castellammare area of Pacific Palisades. Spectacular beach, whitewater, coastline, Catalina and sunset views. No neighbors on either side or above you, basically your own private road! This incredible home has been completely remodeled inside and out. Featuring a beautiful smoked glass entry door with floor to ceiling glass, all glass interior doors, all new windows, Kitchen, Bathrooms, Custom Aluminum Pocket Sliding Doors, Oak Floors, and featuring all green features , with a cool roof, all LED lighting, and wired with CAT 5 cable throughout the home. Central Air and Heat. THERE IS NOTHING LIKE THIS AVAILABLE IN THE PALISADES!!! Watch the Dolphins and Whales from your living room, and lie in bed listening to the waves break. Stroll to the beach just over a short path and over the bridge to the sand!!! This property even has an ocean view from the garage!

Last Agent to Sell the Property

Robert Silverman

Magno Realty Group License #01806438 Listed on: 07/28/2019

Last Buyer's Agent

Jeff Loiacono

Lido Realty Inc License #01759015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,115

Year Built

  • Built in 1957

Lot Details

  • 4,438 Sq Ft Lot
  • Beach Front
  • West Facing Home
  • Drip System Landscaping
  • Property is zoned LAR1

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • City Lights

Home Design

  • Modern Architecture
  • Pillar, Post or Pier Foundation
  • Concrete Perimeter Foundation
  • Pier And Beam
  • Stucco

Interior Spaces

  • 1,482 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Skylights
  • Double Pane Windows
  • Blinds
  • Dining Area
  • Bonus Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Marble Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity
  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Direct Access Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Property is located within a water district
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4416-010-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,115

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Extraordinary 180 degree oceanfront view home with easy beach access in an incredibly private location in the Castellammare area of Pacific Palisades. Spectacular beach, whitewater, coastline, Catalina and sunset views. No neighbors on either side or above you, basically your own private road! This incredible home has been completely remodeled inside and out. Featuring a beautiful smoked glass entry door with floor to ceiling glass, all glass interior doors, all new windows, Kitchen, Bathrooms, Custom Aluminum Pocket Sliding Doors, Oak Floors, and featuring all green features , with a cool roof, all LED lighting, and wired with CAT 5 cable throughout the home. Central Air and Heat. THERE IS NOTHING LIKE THIS AVAILABLE IN THE PALISADES!!! Watch the Dolphins and Whales from your living room, and lie in bed listening to the waves break. Stroll to the beach just over a short path and over the bridge to the sand!!! This property even has an ocean view from the garage!
  • Entry Location: Ground Level - no steps
  • Living Area: 1482
  • Probate: No
  • Stories: 2
  • Year Built: 1957
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 220V Throughout
  • Flooring: Hardwood, Stone Tile
  • Appliances: Built-In Electric
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: None
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Low Flow Shower(s), Low Flow Toilet(s), Shower Stall, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Marble Counters
  • Laundry: In Unit, Laundry Area, Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Gas Dryer Hookup, Range/Oven, Refrigerator
  • Fireplace: No
  • Price Per S Q F T: 1754.39
  • Windows: Double Pane Windows, Skylights, Window Blinds

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Foundation Details: Concrete Perimeter, Pier and Beam, Pillar/Post/Pier
  • Pool: No
  • Spa Yn: No
  • View: Catalina, City, City Lights, Coastline, Ocean, Water, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Direct Entrance, Door Opener, Garage, Garage - 1 Car

Utilities

  • TV Svcs: Cable TV, Tv Satellite Dish
  • Volt 220: 220V Throughout
  • Water Heater: Gas
  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Sewer: In Connected and Paid
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Drip System
  • Assessor Parcel Number: 4416-010-035
  • Geocode Override: No
  • Lot Location: Beach Front
  • Lot Size Area: 4438

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2019
Closed on
Aug 20, 2019
Sold by
Pendle Property Company Llc
Bought by
Fani Nicole and Shobreb Erbrallimi Javahieri S
Seller's Agent
Robert Silverman
Magno Realty Group
Buyer's Agent
Jeff Loiacono
Lido Realty Inc
List Price
$2,600,000
Sold Price
$2,550,000
Premium/Discount to List
-$50,000
-1.92%
Total Days on Market
23
Current Estimated Value
$3,232,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$682,596
Avg. Annual Appreciation
4.40%

Purchase Details

Listed on
May 1, 2013
Closed on
May 23, 2013
Sold by
Dubin Gerald R
Bought by
Pendle Property Company Llc
Seller's Agent
Janice Burns
Pinnacle Estate Properties
Buyer's Agent
Robert Silverman
Magno Realty Group
List Price
$1,250,000
Sold Price
$1,235,000
Premium/Discount to List
-$15,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.26%

Purchase Details

Closed on
Jun 11, 2002
Sold by
Dubin Sam and Sam & Florence Dubin Revocable
Bought by
Dubin Gerald R
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 $2,550,000 Stewart Title Company
Grant Deed $1,235,000 None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $625,500 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $2,550,000 -1.9% $1,721 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
07/28/2019 07/28/19 For Sale $2,600,000 0.0% $1,754 / Sq Ft
05/03/2018 05/03/18 Rented $7,995 0.0% --
04/04/2018 04/04/18 For Rent $7,995 0.0% --
01/10/2017 01/10/17 Rented $7,995 0.0% --
12/27/2016 12/27/16 For Rent $7,995 -9.1% --
11/16/2015 11/16/15 Rented $8,800 0.0% --
09/25/2015 09/25/15 For Rent $8,800 0.0% --
05/31/2013 05/31/13 Sold $1,235,000 -1.2% $963 / Sq Ft
05/09/2013 05/09/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $1,250,000 -- $975 / 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 $33,115 $2,734,111 $2,358,842 $375,269
2023 $32,468 $2,680,502 $2,312,591 $367,911
2022 $30,947 $2,627,945 $2,267,247 $360,698
2021 $30,583 $2,576,418 $2,222,792 $353,626
2019 $16,312 $1,363,319 $1,090,657 $272,662
2018 $16,253 $1,336,588 $1,069,272 $267,316
2016 $15,559 $1,284,688 $1,027,751 $256,937
2015 $15,331 $1,265,392 $1,012,314 $253,078
2014 $15,379 $1,240,606 $992,485 $248,121
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-493790

The MLS

APN: 4416-010-035