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1277 Monument Street

1277 Monument Street, Pacific Palisades, CA 90272
Refi Jun 29, 2021
Transfer
$1,000,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2051
1277 Monument Street has been categorized by the local assessors in Pacific Palisades, CA as a residential type of property. The building on the property was first built in 1952 and is 72 years old. However, we must point out that the home was most recently renovated and altered in 1953. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1277 Monument Street has 1,473 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,199 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. 1277 Monument Street was last assessed in 2023. The total value of the property was assessed at $414,141. Specifically, the land the property is located on was valued at $274,616. While improvements on the property were assessed at a total of $139,525. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,938. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,199
  • Lot Size Depth Feet: 1,080
  • Total Building Area: 1,473
  • Building Area: 1,473
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,473
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 17117
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 17117 LOT/SEC 18

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 262501

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 40-D3
  • Subdivision Tract Number: 17117
  • Parcel: 4422-016-005
  • Lot: 18
  • Municipality: WEST /PAC PALISADES
  • Latitude: 34.0535
  • Longitude: -118.524

    Address

  • Full Address: 1277 Monument St
  • Address - House Number: 1277
  • Address - Street Name: Monument
  • Address - Suffix Type: St
  • State: CA
  • City Name: Pacific Palisades
  • Carrier Code: C002
  • 4-Digit Zip Code: 2551
  • Zip Code: 90272

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,938
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 2,639,346
  • High Value: 3,248,039
  • Low Value: 2,030,653

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 29, 2021
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $414,141
  • Assessed Land Value: $274,616
  • Assessed Improvements Value: $139,525

    Exemptions

  • Homeowner Exemption: Yes

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Frequently Asked Questions

What neighborhood is 1277 Monument Street located in?
The 1277 Monument Street is a located in the neighborhood of The Alphabet Streets in West Los Angeles, Pacific Palisades.
What is the average sales price for listings in 1277 Monument Street?
The average sales price for units in 1277 Monument Street is $0 currently.

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