NOT LISTED FOR SALE

763 Patterson Place Pacific Palisades, CA 90272

Estimated Value: $4,568,000 - $5,858,387

5 Beds
5.5 Baths
4,284 Sq Ft
$1,198/Sq Ft Est. Value

Highlights

  • 24-Hour Security
  • Gated Community
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Room in yard for a pool
  • 4-minute walk to George Wolfberg Park at Potrero Canyon

About This Home

As of August 2023

Gorgeous classic Mediterranean located on a gated private street of 11 luxury homes just a couple of blocks from the Palisades Village. You can't get a better location. Near restaurants, shops, schools, and the park. Enjoy this five-bedroom, five-and-a-half-bath 4,350 sq ft home built in 2002 on an oversized 16,426 sq ft lot. This light and bright two-story home has an ideal floor plan with one bedroom on the main level and four bedrooms up. Viking cooks kitchen with pantry opens to family room. The oversized master primary suite includes a steam shower, spa tub, gym/office, and a custom walk-in closet. Each bedroom has an ensuite bath and walk-in closets. Large three-car garage with plenty of storage. Great family home. These homes on one of the Palisades' best streets rarely come on the market. Available now and easy to show.

Last Agent to Rent the Property

Anthony Marguleas

Amalfi Estates License #01173073 Listed on: 06/13/2023

Last Renter's Agent

Tanya Memoli

Compass License #01450883

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,900

Year Built

  • Built in 2002

Lot Details

  • 0.38 Acre Lot
  • Gated Home
  • Property is zoned LAR1

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage
  • Driveway
  • Automatic Gate

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 4,284 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer

Additional Features

  • Room in yard for a pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $44,000
  • Tenant pays for cable TV, electricity, gas, water, insurance
  • Rent includes gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 4412-009-026

Community Details

Security

  • 24-Hour Security
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,900

Year Built

Built in 2002

Lot Details

0

HOA Fees

$400 per month

Parking

3

Rental Info

  • Credit Report Required: Yes
  • Land Lease Amount Per Year: 25000.00
  • Land Lease Expiration Year: 2022
  • Land Lease Purchase Yn: Yes
  • Land Lease Type: Full
  • Lease Option: 1
  • Rent Includes: Gardener
  • Security Deposit: 44000
  • Tenant Pays: Cable TV, Electricity, Gas, Water, Insurance
  • Land Lease Expiration Date: 2022-05-29

Listing Details

  • Property Type: Residential Lease
  • Style: Mediterranean
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 4284
  • Lot Acreage: 0.3768
  • Stories: 2
  • Year Built: 2002
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-Ins
  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Marble, Stone
  • Appliances: Built-Ins
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Bedroom Features: Main Floor Bedroom, Master Suite, WalkInCloset, Master Bedroom
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Area, Dining Area
  • Laundry: Laundry Area
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Freezer
  • Fireplace: Yes
  • Price Per S Q F T: 5.14

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 2
  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car, Driveway
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Community, Card/Code Access, Automatic Gate, 24 Hour, Gated

Association/Amenities

  • Amenities: Gated Community
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 400.00

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4412-009-026
  • Lot Description: Gated Community
  • Lot Size Area: 16413

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Longo Survivors Trust
Bought by
Auto Commander Llc
Current Estimated Value
$5,130,796

Purchase Details

Closed on
Jan 13, 2014
Sold by
Longo Lena and Longo Survivors Trust
Bought by
Longo Joseph C and Longo Peter D

Purchase Details

Closed on
Mar 2, 2004
Sold by
Longo Lena and The Longo Revocable Trust
Bought by
Longo Lena and Longo Survivors Trust

Purchase Details

Closed on
Dec 12, 2002
Sold by
P 3 Development Group Llc
Bought by
Longo Lena and The Longo Revocable Trust

Purchase Details

Closed on
Apr 24, 1997
Sold by
Bar K Inc
Bought by
P-3 Development Group Llc
Source: Public Records

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 Buyer Sale Price Title Company
Auto Commander Llc -- Jeffer Mangels Butler & Mitche
Longo Joseph C -- None Available
Longo Lena -- --
Longo Lena -- First American Title
P-3 Development Group Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Rented $20,000 -9.1% --
07/04/2023 07/04/23 Under Contract -- -- --
06/13/2023 06/13/23 For Rent $22,000 +22.2% --
05/17/2022 05/17/22 Rented $18,000 -9.9% --
04/01/2022 04/01/22 Under Contract -- -- --
03/18/2022 03/18/22 Price Changed $19,980 -7.1% $5 / Sq Ft
03/05/2022 03/05/22 For Rent $21,500 0.0% --
02/18/2022 02/18/22 Under Contract -- -- --
02/07/2022 02/07/22 Price Changed $21,500 -14.0% $5 / Sq Ft
01/03/2022 01/03/22 For Rent $25,000 0.0% --
12/23/2021 12/23/21 Off Market $25,000 -- --
11/29/2021 11/29/21 For Rent $25,000 -- --
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 $63,900 $3,243,599 $2,406,311 $837,288
2024 $63,900 $5,267,624 $3,627,065 $1,640,559
2023 $77,782 $6,426,000 $5,610,000 $816,000
2022 $41,186 $3,480,233 $2,320,160 $1,160,073
2021 $40,685 $3,411,994 $2,274,667 $1,137,327
2020 $41,109 $3,377,010 $2,251,344 $1,125,666
2019 $39,460 $3,310,795 $2,207,200 $1,103,595
2018 $39,141 $3,245,878 $2,163,922 $1,081,956
2016 $37,439 $3,119,840 $2,079,896 $1,039,944
2015 $36,885 $3,072,979 $2,048,655 $1,024,324
2014 $36,987 $3,012,784 $2,008,525 $1,004,259
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-280125

The MLS

APN: 4412-009-026