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15951 Alcima Avenue

15951 Alcima Avenue, Pacific Palisades, CA 90272
Sold Jan 08, 2021
$19,150,000
$7,905,802 by Craig R Clemens Etal
Mortgage
Local assessors in Pacific Palisades, CA have categorized 15951 Alcima Avenue as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 56,796 square feet. The linear feet between the front and back of the lot was measured at 720 ft and the front of the lot was measured at 7,870 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Spanish style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 14 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 15951 Alcima Avenue has a total of 3,248 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of tile. Lots of stucco were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 15951 Alcima Avenue was last sold in Dec 24, 2020 for $19,150,000. According to our calculations, that's $5,895.94 per sqft. Current property owners are expected to pay $229,050 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 15951 Alcima Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $19,923,660. To break that down further, the land itself was valued at $11,600,460. While improvements to the property were assessed at a total of $8,323,200. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 56,796
  • Lot Size Depth Feet: 720
  • Lot Size Frontage Feet: 7,870
  • Total Building Area: 3,248
  • Building Area: 3,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 3,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY LOS ANGELES
  • Land Acres: 1.304
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EX OF ST LOT 23 R S 58-33-37, POR LOT A TR=9300, POR LOT 10 TR=15948

Ownership

  • Current Owner : 15951 ALCIMA LLC
  • Previous Owner : PALISADES CAPITAL FUND 1 LLC
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Aug 07, 2023

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 262604

Zoning

  • Zoning: LARE15

Geography

  • Assessors Map Reference: 40-C3
  • Subdivision Tract Number: 9300,15948
  • Parcel: 4420-005-029
  • Lot: 23
  • Municipality: WEST /PAC PALISADES
  • Latitude: 34.0518
  • Longitude: -118.534

    Address

  • Full Address: 15951 Alcima Ave
  • Address - House Number: 15951
  • Address - Street Name: Alcima
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Pacific Palisades
  • Carrier Code: C021
  • 4-Digit Zip Code: 2405
  • Zip Code: 90272

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $229,050
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2263
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 6,759,482
  • High Value: 8,289,730
  • Low Value: 5,229,234

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $7,905,802
  • First Open Lien Mortgage Lender: CRAIG R CLEMENS ETAL
  • First Open Lien Mortgage Recording Date: Dec 30, 2020
  • First Open Lien Mortgage Loan Amount: $7,905,802
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,923,660
  • Assessed Land Value: $11,600,460
  • Assessed Improvements Value: $8,323,200

    Sales

  • Current Sale Contract Date: Dec 24, 2020
  • Current Sale Recording Date: Jan 08, 2021
  • Current Sale Transaction ID: 11811012624
  • Current Sale Price: $19,150,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0036639

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Frequently Asked Questions

What neighborhood is 15951 Alcima Avenue located in?
The 15951 Alcima Avenue is a house located in the neighborhood of Pacific Palisades in West Los Angeles, Pacific Palisades.
What is the average sales price for listings in 15951 Alcima Avenue?
The average sales price for units in 15951 Alcima Avenue is $0 currently.

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