NOT LISTED FOR SALE

602 Palisades Dr Pacific Palisades, CA 90272

Estimated Value: $1,558,000 - $1,765,708

2 Beds
3 Baths
2,284 Sq Ft
6.42 Acres

Highlights

  • In Ground Pool
  • 279,501 Sq Ft lot
  • Contemporary Architecture
  • Gated Community
  • Mountain View
  • Home Office

About This Home

As of February 2015

Great lease opportunity in Sea Ridge community. Gated and private townhouse with Mountain Views! 2 bedrooms + Den. 3 Baths. Kitchen with breakfast area and new cooktop. High ceilings. Living room with fireplace. Large master bedroom with sitting area. Balconies off kitchen, living room, master and 2nd bedroom. Laundry room with extra storage space. New floor in living room and den. Garage with direct access. Grassy area. Community pool. Hot tub and BBQ area. Short distance to the beach, village, hiking trails restaurants and more. Easy to show!

Last Agent to Rent the Property

Adriane Westland

Rodeo Realty- Brentwood License #00935191 Listed on: 01/22/2015

Rodeo Realty- Brentwood

Last Renter's Agent

Susan Wales

Rodeo Realty - Pacific Palisades License #01248540

Rodeo Realty - Pacific Palisades

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,376

Year Built

  • Built in 1991

Lot Details

  • 6.42

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 2,284 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Mountain Views

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Utilities

  • Air Conditioning
  • Central Heating

Additional Features

  • Covered Patio or Porch
  • Gated Home

Listing and Financial Details

  • Security Deposit $9,900
  • Tenant pays for cable TV, electricity, gas, insurance, water
  • Rent includes association dues
  • 12 Month Lease Term
  • Assessor Parcel Number 4419-015-110

Community Details

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 36 Units
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,376

Year Built

Built in 1991

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1st Month Rent, Security Deposit
  • Rent Includes: Association Dues
  • Security Deposit: 9900
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary Mediterranean
  • Single Family Or Apt: Condo/Apt
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: Sea Ridge
  • Entry Floor: 1
  • Lease Terms: 1-Year
  • Living Area: 2284
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1991
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Ceramic Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 2.10

Exterior Features

  • Balcony: 2 large
  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Gated Community, Pool, Spa
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4419-015-110
  • Geocode Override: No
  • Lot Size Area: 279501

Multi Family

  • Number Of Units: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2024
Sold by
Newmark Family Trust and Newmark Marlena K
Bought by
Newmark Bypass Trust and Newmark Family Trust
Current Estimated Value
$1,648,903

Purchase Details

Closed on
Jul 10, 1995
Sold by
Searidge Pacific Palisades Llc
Bought by
Newmark Paul and Newmark Marlena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.74%
Source: Public Records

Range of Values:

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Average Value
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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
Newmark Bypass Trust -- None Listed On Document
Newmark Paul $409,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newmark Paul $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2019 06/10/19 Rented $5,500 0.0% --
06/07/2019 06/07/19 Under Contract -- -- --
05/28/2019 05/28/19 For Rent $5,500 +14.6% --
02/20/2015 02/20/15 Rented $4,800 -3.0% --
02/20/2015 02/20/15 Under Contract -- -- --
01/22/2015 01/22/15 For Rent $4,950 -- --
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 $8,376 $645,875 $267,616 $378,259
2024 $8,376 $666,109 $291,521 $374,588
2023 $8,221 $653,049 $285,805 $367,244
2022 $7,851 $640,245 $280,201 $360,044
2021 $7,745 $627,692 $274,707 $352,985
2019 $7,518 $609,076 $266,560 $342,516
2018 $7,454 $597,134 $261,334 $335,800
2016 $7,118 $573,948 $251,187 $322,761
2015 $7,017 $565,327 $247,414 $317,913
2014 $7,046 $554,254 $242,568 $311,686
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-823619

The MLS

APN: 4419-015-110