Check Availability
$2,066,000 - $2,524,000
House - In Contract

16505 Akron St

Pacific Palisades, CA 90272
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1492 Sqft
Sold Sep 19, 2003
$899,000
$458,000 by Sierra Pacific Mortgage Co Inc
Mortgage Due Dec 01, 2050
Sold Feb 11, 1998
$505,000
$402,500 by Ditech Funding Corp
Mortgage Due Mar 01, 2028

About This Property

Tucked away off the street in the sought after Marquez Knolls, this charming home is a verdant sanctuary in the heart of Pacific Palisades. Guests are welcomed into the home by hardwood floors that lead to the living room with a limestone-clad fireplace - an ideal backdrop for hosting grand gatherings or cozy evenings with close friends. The remarkable chef's kitchen showcases a central island, custom cabinetry, and high-end appliances from Viking's professional line, including a 6-burner range, double oven, and warming drawer, complemented by premium amenities like the spacious Sub-Zero fridge/freezer and a wine fridge. Vaulted ceilings with gorgeous wood beams float above the kitchen, seamlessly blending architectural details with intimate ambience. Down the hall are the two bedrooms including the spacious primary suite featuring a bathroom with a shower, tub, and makeup vanity. The generously sized guest bedroom enjoys its own private space and is conveniently adjacent to the hallway bathroom, complete with tub and shower. Outside, the manicured, lush backyard ushers guests to a beautiful patio with a lounge/al fresco dining area flanked by a tranquil fountain, a private nature trail that meanders up the hillside, and beautiful landscaping dotted by mature trees. The home is completed by central heating/AC, washer and dryer, a large two-car garage with vaulted ceilings, and a carport for two cars under a trellis wrapped in beautiful vines. Conveniently located near the renowned Palisades Village, with its array of exceptional shopping and dining options, as well as top-tier schools, pristine beaches, hiking trails, and more, this offering is not to be missed.

The manager has listed the unit size as 1492 square feet.
Unit Size
1,492Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$1,538
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956

Price History

Date / Event Date Event Price
Apr 24, 2024 In contract -
In contract
Apr 4, 2024 Listed $2,295,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • 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: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,189
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 820
  • Total Building Area: 1,492
  • Building Area: 1,492
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,492
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 9300
  • Land Acres: 0.303
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 9300 LOT COM AT MOST W COR OF LOT 9 BLK 145 TH N 26 15' W 83 FT TH N 24 05' E TO SW LINE OF LAND DESC IN DOC NO 863, 3-21-57 TH S 25 27'08 E SEE ASSESSOR MAPBOOK FOR MISSING PORTIONLOT C BLK 145

Ownership

  • Current Owner : KLAVENS KENT
  • Previous Owner : ARVIN L CHRISTOPHER
  • Previous Owner 2: LAFIA MONIQUE
  • Owner Before Previous Owner: DEEGAN F VINCENT
  • 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: 262604

Zoning

  • Zoning: LARE40

Geography

  • Assessors Map Reference: 40-B3
  • Subdivision Tract Number: 9300
  • Parcel: 4420-014-027
  • Block: 145
  • Lot: 9
  • Municipality: WEST /PAC PALISADES
  • Latitude: 34.0515
  • Longitude: -118.542

    Address

  • Full Address: 16505 Akron St
  • Address - House Number: 16505
  • Address - Street Name: Akron
  • Address - Suffix Type: St
  • State: CA
  • City Name: Pacific Palisades
  • Carrier Code: C021
  • 4-Digit Zip Code: 2306
  • Zip Code: 90272

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,291
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2326
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 2,636,929
  • High Value: 3,250,410
  • Low Value: 2,023,448

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $458,000
  • First Open Lien Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Dec 01, 2020
  • First Open Lien Mortgage Loan Amount: $458,000
  • 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: Dec 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,228,543
  • Assessed Land Value: $982,840
  • Assessed Improvements Value: $245,703

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 15, 2003
  • Current Sale Recording Date: Sep 19, 2003
  • Current Sale Transaction ID: 1029197412
  • Current Sale Price: $899,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 03-2769672
  • Previous Sale Recording Date: Feb 11, 1998
  • Previous Sale Contract Date: Jan 12, 1998
  • Previous Sale Amount: $505,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • First Mortgage Transaction Date: Sep 19, 2003
  • First Mortgage Loan Amount: $719,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2033

    Previous Mortgages

  • Previous Mortgage Lender: DITECH FUNDING CORP
  • Previous Mortgage Transaction Date: Feb 11, 1998
  • Previous Mortgage Loan Amount: $402,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2028

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1.5 Baths
1,510 ft²
$1,688/ft²
$2,549,000 Apr 18, 2024
-
-
House
3 Beds
3 Baths
1,885 ft²
$1,324/ft²
$2,495,000 Apr 8, 2024
-
-
House
3 Beds
0.5 Bath
2,052 ft²
$1,340/ft²
$2,750,000 Apr 4, 2024
-
-

About West Los Angeles


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Frequently Asked Questions

When was property at 16505 Akron Street built and last sold?
The property at 16505 Akron Street was built in 1956 and last sold on Sep 15, 2003 for $899,000.
How much is this home worth?
The estimated value of the home located at 16505 Akron Street is $2,271,841.
What are some comparable homes to 16505 Akron Street?
Homes that are comparable to 16505 Akron Street include a house property at 542 North Las Casas Avenue, 864 Bienveneda Avenue, 16723 West Sunset Boulevard.

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