NOT LISTED FOR SALE

227 Tranquillo Rd Pacific Palisades, CA 90272

Estimated Value: $1,709,000 - $2,727,489

3 Beds
2 Baths
1,723 Sq Ft
$1,238/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $3,185,000 $1,849 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $13,125/month

Highlights

  • White Water Ocean Views
  • Wood Flooring
  • 2 Car Attached Garage
  • Dining Room with Fireplace
  • Den
  • Laundry Room

About This Home

As of November 2024

Located in the sought-after Castellammare neighborhood of Pacific Palisades, this home features some of the best ocean-view coastlines the Palisades offers. This 3-bedroom and 2-bath has classic California charm, pairing mature landscaping with a welcoming facade. Upon entry, you'll notice abundant natural light flooding through the home. The living room and dining area create an inviting space for entertaining guests, accented by high ceilings and warm hardwood flooring. The adjacent kitchen has sleek countertops, stainless steel appliances, abundant cabinet storage, and a large pantry. The backyard is a private oasis, perfect for relaxing or entertaining. Additional amenities include an attached two-car garage and a separate laundry room with cabinetry. Close to local schools, shopping, dining, and the stunning California coastline. A few blocks to the beach. It's an idyllic setting for those seeking comfort and convenience in one of Los Angeles' most prestigious neighborhoods. This Pacific Palisades gem combines the tranquility of coastal living with easy access to the city's vibrant lifestyle, offering an unparalleled living experience for its future homeowners. Available now.

Last Agent to Rent the Property

Jack Marguleas

Amalfi Estates License #02186918 Listed on: 10/07/2024

Co-Listed By

Anthony Marguleas

Amalfi Estates License #01173073

Last Renter's Agent

Daniel Rinsch

Coldwell Banker Realty License #01483602

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 6,787 Sq Ft Lot
  • Lot Dimensions are 60x114
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • White Water Ocean
  • Coastline

Interior Spaces

  • 1,723 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Two Way Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Den

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Security Deposit $17,000
  • Tenant pays for electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4416-016-052

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Rental Info

  • Security Deposit: 17000
  • Tenant Pays: Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Ranch
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1723
  • Lot Acreage: 0.1558
  • Lot Dimensions: 60x114
  • Stories: 1
  • Year Built: 1954
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Dining, Living Room, Two Way, Wood Burning
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Equipment: Washer, Dryer, Range/Oven, Refrigerator, Dishwasher, Microwave
  • Price Per S Q F T: 4.93

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Ocean, Water, White Water, Coastline
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway, Attached, Garage Is Attached, Garage - 2 Car, Garage
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central, Natural Gas
  • Sewer: In Street

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4416-016-052
  • Lot Size Area: 6787

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Jul 11, 2024
Sold by
Gustafson Family Trust and Gustafson James Dale
Bought by
Tranquillo Investments Llc
Seller's Agent
Anthony Marguleas
Amalfi Estates
Buyer's Agent
Jack Marguleas
Amalfi Estates
List Price
$3,395,000
Sold Price
$3,185,000
Premium/Discount to List
-$210,000
-6.19%
Views
22
Current Estimated Value
$2,133,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,051,504
Avg. Annual Appreciation
-25.36%
Original Mortgage
$2,548,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2016
Sold by
Gustafson James Dale
Bought by
Gustafson James Dale and Gustafson Deborah Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2007
Sold by
Fabacher Barbara Crum and Harper Cheavens Deborah Jean
Bought by
Gustafson James Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2007
Sold by
Phillips Anson
Bought by
Phillips Anson H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2006
Sold by
Phillips Anson H
Bought by
Phillips Anson H and The Anson H Phillips Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2006
Sold by
Phillips Anson H and Anson H Phillips Trust
Bought by
Phillips Anson H

Purchase Details

Closed on
Nov 15, 2002
Sold by
Phillips Anson H
Bought by
Phillips Anson H and Anson H Phillips Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tranquillo Investments Llc $3,185,000 Usa National Title Company
Gustafson James Dale -- None Available
Gustafson James Dale -- None Available
Gustafson James Dale $1,510,000 Equity Title Company
Phillips Anson H -- Fidelity Van Nuys
Phillips Anson -- Fidelity Van Nuys
Phillips Anson H -- Fidelity Van Nuys
Phillips Anson H -- None Available
Phillips Anson H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tranquillo Investments Llc $2,548,000
Previous Owner Gustafson James Dale $625,500
Previous Owner Gustafson James Dale $950,000
Previous Owner Phillips Anson $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2024 11/22/24 Rented $8,500 0.0% --
11/15/2024 11/15/24 Under Contract -- -- --
10/07/2024 10/07/24 For Rent $8,500 0.0% --
08/23/2024 08/23/24 Sold $3,185,000 -3.3% $1,849 / Sq Ft View Prior Sale
07/11/2024 07/11/24 Pending -- -- --
07/05/2024 07/05/24 Price Changed $3,295,000 -2.9% $1,912 / Sq Ft
06/13/2024 06/13/24 For Sale $3,395,000 0.0% $1,970 / Sq Ft
08/14/2023 08/14/23 Rented $8,500 0.0% --
08/02/2023 08/02/23 Under Contract -- -- --
07/09/2023 07/09/23 Price Changed $8,500 -15.0% $5 / Sq Ft
06/22/2023 06/22/23 For Rent $10,000 +17.6% --
07/29/2022 07/29/22 Rented $8,500 0.0% --
07/29/2022 07/29/22 Under Contract -- -- --
07/21/2022 07/21/22 Price Changed $8,500 -4.5% $5 / Sq Ft
07/01/2022 07/01/22 Price Changed $8,900 -11.0% $5 / Sq Ft
06/06/2022 06/06/22 For Rent $10,000 +25.0% --
09/16/2020 09/16/20 Rented $8,000 0.0% --
09/16/2020 09/16/20 Under Contract -- -- --
09/01/2020 09/01/20 For Rent $8,000 +10.3% --
08/24/2017 08/24/17 Rented $7,250 0.0% --
08/18/2017 08/18/17 Price Changed $7,250 -4.6% $4 / Sq Ft
07/17/2017 07/17/17 Price Changed $7,600 -3.8% $4 / Sq Ft
06/01/2017 06/01/17 For Rent $7,900 +9.0% --
06/10/2016 06/10/16 Rented $7,250 -2.7% --
06/03/2016 06/03/16 Under Contract -- -- --
04/11/2016 04/11/16 For Rent $7,450 +4.9% --
04/13/2015 04/13/15 Rented $7,100 -5.3% --
04/13/2015 04/13/15 Under Contract -- -- --
03/09/2015 03/09/15 For Rent $7,500 -- --
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 $23,632 $3,185,000 $2,970,100 $214,900
2024 $23,632 $1,944,509 $1,555,613 $388,896
2023 $23,173 $1,906,382 $1,525,111 $381,271
2022 $22,090 $1,869,003 $1,495,207 $373,796
2021 $21,825 $1,832,357 $1,465,890 $366,467
2019 $21,167 $1,778,011 $1,422,412 $355,599
2018 $21,077 $1,743,149 $1,394,522 $348,627
2016 $20,171 $1,675,463 $1,340,372 $335,091
2015 $19,874 $1,650,297 $1,320,239 $330,058
2014 $19,933 $1,617,971 $1,294,378 $323,593
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-449762

The MLS

APN: 4416-016-052