NOT LISTED FOR SALE

602 Palisades Beach Rd Santa Monica, CA 90402

North of Montana Neighborhood

Estimated Value: $6,663,000 - $11,396,764

7 Beds
7 Baths
5,039 Sq Ft
$1,742/Sq Ft Est. Value

Last Sold March 22, 2017

Last sale price $8,500,000 $1,687 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $57,228/month

214 Days on Market

Highlights

  • Ocean View
  • Detached Guest House
  • Living Room with Fireplace
  • Roosevelt Elementary School Rated A+
  • Room in yard for a pool
  • French Architecture

About This Home

As of March 2017

Incredible opportunity to own this classic French Revival sitting on over 11,000 square feet of beach front land right in the middle of Santa Monica's famed Gold Coast. With 59 feet of beachfront, it is one of the largest single family lots north of the Santa Monica Pier to Will Roger's State Beach. The 5,000 square foot home has two different structures with a total of 7 bedrooms, 7 bathrooms. There is a 3-car garage and additional guest parking. The property is neighbored by single family homes, not parking lots. This is an exciting opportunity to create your own paradise along a premier stretch of coastline.

Last Agent to Sell the Property

Wheeler Coberly

Compass License #01396072 Listed on: 07/21/2016

Compass

Last Buyer's Agent

Wheeler Coberly

Compass License #01396072 Listed on: 07/21/2016

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $112,704

Year Built

  • Built in 1941

Lot Details

  • 0.26 Acre Lot
  • Property is zoned SMR2B*

Parking

  • Detached Garage

Property Views

  • Ocean
  • Coastline

Home Design

  • French Architecture

Interior Spaces

  • 5,039 Sq Ft Home
  • 2-Story Property
  • Bar
  • Living Room with Fireplace
  • Laundry Room
  • Attic

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Outdoor Features

  • Room in yard for a pool
  • Covered Patio or Porch

Additional Features

  • Detached Guest House
  • Window Unit Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4293-018-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$112,704

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: French
  • Street Number Display: Yes
  • Living Area: 5039
  • Stories: 2
  • Year Built: 1941
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile, Wood
  • Bedrooms: 7
  • Full Bathroom: 7
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Den: 0
  • Price Per S Q F T: 1885.29

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: Coastline, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Detached, Garage

Utilities

  • Cooling: Window Unit(s)

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4293-018-009
  • Geocode Override: No
  • Lot Size Area: 11208

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2016
Closed on
Mar 1, 2017
Sold by
Flint Yvonne and Hromadka Donald J
Bought by
Verge Mark and Pascual Leilani
Seller's Agent
Wheeler Coberly
Compass
Buyer's Agent
Wheeler Coberly
Compass
List Price
$14,000,000
Sold Price
$8,500,000
Premium/Discount to List
-$5,500,000
-39.29%
Current Estimated Value
$8,779,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,191
Avg. Annual Appreciation
0.38%

Purchase Details

Closed on
Jun 29, 2000
Sold by
Waller Marjorie D and Dye Marjorie D
Bought by
Dye Marjorie D and The Marjorie D Dye Revocable T
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
Verge Mark $8,500,000 Usa National Title
Dye Marjorie D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verge Mark $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2017 03/22/17 Sold $8,500,000 -10.5% $1,687 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
01/18/2017 01/18/17 Price Changed $9,500,000 -9.5% $1,885 / Sq Ft
10/26/2016 10/26/16 Price Changed $10,500,000 -12.5% $2,084 / Sq Ft
09/12/2016 09/12/16 Price Changed $12,000,000 -7.7% $2,381 / Sq Ft
08/10/2016 08/10/16 Price Changed $13,000,000 -7.1% $2,580 / Sq Ft
07/21/2016 07/21/16 For Sale $14,000,000 -- $2,778 / 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 $112,704 $9,864,977 $6,963,514 $2,901,463
2024 $112,704 $9,671,547 $6,826,975 $2,844,572
2023 $110,914 $9,481,910 $6,693,113 $2,788,797
2022 $109,620 $9,295,991 $6,561,876 $2,734,115
2021 $107,063 $9,113,717 $6,433,212 $2,680,505
2019 $105,325 $8,843,400 $6,242,400 $2,601,000
2018 $98,976 $8,670,000 $6,120,000 $2,550,000
2016 $76,943 $6,700,650 $3,959,475 $2,741,175
2015 $7,628 $600,340 $265,184 $335,156
2014 $7,536 $588,581 $259,990 $328,591
Source: Public Records

Agents Affiliated with this Home

  • Wheeler Coberly

    Seller's Agent in 2017

    Wheeler Coberly

    Compass

    (310) 351-6234

    1 in this area

    69 Total Sales

    Wheeler Coberly
    Section Image
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Map

Source: The MLS

MLS Number: 16-145020

The MLS

APN: 4293-018-009

California Los Angeles County Santa Monica 90402 North of Montana

602 Palisades Beach Rd, Santa Monica, CA

This home is located at 602 Palisades Beach Rd, Santa Monica, CA 90402 since 21 July 2016 and is currently estimated at $8,779,191, approximately $1,742 per square foot. This property was built in 1941. 602 Palisades Beach Rd is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln Middle School, and Santa Monica High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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