NOT LISTED FOR SALE

640 Resolano Dr Pacific Palisades, CA 90272

Estimated Value: $3,166,000 - $6,085,940

3 Beds
2 Baths
2,397 Sq Ft
$1,815/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $4,500,000 $1,877 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $28,012/month

6 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • 2 Car Garage
  • 63,400 Sq Ft lot
  • Living Room with Fireplace
  • Concrete Flooring

About This Home

As of March 2023

Some of the best ocean, queens necklace, mountain and city views in not just the Palisades but all of LA from this private Paseo Miramar opportunity to remodel, teardown fixer on 1.45 acres of land. Investors, developers, builders or someone looking to create their masterpiece here is the opportunity you have been waiting for. This property offers some of the best ocean views in all of Paseo Miramar. First time on the market in over a half a century.

Last Agent to Sell the Property

Herb Leary

Leary Estates License #01101896 Listed on: 02/06/2023

Last Buyer's Agent

Lulu Knowlton

eXp Realty of California Inc License #01950225

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,813

Year Built

  • Built in 1959

Lot Details

  • 1.46 Acre Lot
  • Property is zoned LARE15

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 10 Open Parking Spaces
  • Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,397 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Concrete Flooring
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 4416-019-045

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,813

Year Built

Built in 1959

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 2397
  • Stories: 1
  • Year Built: 1959
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Cement
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 1668.34

Exterior Features

  • Other Structures: Accessory Bldgs
  • Pool: No
  • Spa Yn: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 10
  • Parking Garage: Garage - 2 Car, Private Garage, Driveway
  • Total Parking: 2

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 75.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4416-019-045
  • Lot Size Area: 63400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Mar 15, 2023
Sold by
Susan E Orenstein Living Trust
Bought by
Chen And Yang Family Trust
Seller's Agent
Herb Leary
Leary Estates
Buyer's Agent
Lulu Knowlton
eXp Realty of California Inc
List Price
$3,999,000
Sold Price
$4,500,000
Premium/Discount to List
$501,000
12.53%
Views
31
Current Estimated Value
$4,350,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$149,353
Avg. Annual Appreciation
-1.36%

Purchase Details

Closed on
Jun 29, 2021
Sold by
Susan Orenstein
Bought by
Susan E Orenstein Living Trust
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
Chen And Yang Family Trust $4,500,000 Fidelity National Title
Susan E Orenstein Living Trust -- Jakle & Alexander Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hmbap Llc $4,392,000
Previous Owner Orenstein Susan $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $4,500,000 +12.5% $1,877 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $3,999,000 -- $1,668 / 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 $53,813 $2,939,026 $2,939,026 --
2024 $53,813 $4,443,120 $4,432,920 $10,200
2023 $3,795 $280,611 $150,083 $130,528
2022 $3,636 $275,110 $147,141 $127,969
2021 $3,578 $269,716 $144,256 $125,460
2019 $3,479 $261,718 $139,978 $121,740
2018 $3,355 $256,587 $137,234 $119,353
2016 $3,190 $246,625 $131,906 $114,719
2015 $3,146 $242,921 $129,925 $112,996
2014 $3,183 $238,163 $127,380 $110,783
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-217769

The MLS

APN: 4416-019-045