tomo logo

$1,275,000

Beds
2
Baths
2.0
sq ft
1,244

16137 W Sunset Blvd Unit 301, Pacific Palisades, CA 90272

16137 W Sunset Blvd Unit 301

Pacific Palisades, CA 90272

  • 61 days on market
This stunning architectural penthouse condo offers the perfect blend of beach living, modern design, and easy access to nature and local amenities. The beautiful hiking trails of Temescal Canyon are incredibly close, as are the many dining, shopping and entertainment offerings at Palisades Village. Minutes from the beach, this top-floor, corner unit boasts just one shared wall and two balconies. The primary en suite bedroom offers a tranquil ocean-view balcony, while the versatile loftcomplete with a large walk-in closetcan easily serve as a third bedroom or home office. Accessed via a dramatic spiral staircase, the loft is a private retreat with striking views. With soaring 22-foot ceilings and driftwood-toned hardwood floors, the open-concept living space is bathed in natural light. The living and dining areas feature elegant built-ins above the fireplace, creating the ideal setting for entertaining or relaxing with beautiful design accents. The recently renovated kitchen is a chef's dream, outfitted with energy-efficient appliances, stainless steel finishes, and abundant windows that flood the space with light. The condo also features central heating and AC, in-unit laundry, and two side-by-side parking spaces in a secure garage with private storage and bike storage rooms. Do not miss the opportunity to call this unique, enticing space home.

Details

Property type

Condominium

Est. home value

$1,134,056

Property condition

Updated/Remodeled

Lot size

0.3575 acres

Price per sq ft

$1,025

Year built

1987

Monthly HOA fee

$660

Price History

09/21/2024
CLAW

CLAW #24443369

Listed
$1,275,000
-1.16%
09/10/2024
CRMLS

CRMLS #OC24141801

Removed
$1,290,000
09/09/2024
CRMLS

CRMLS #OC24141801

Listed
$1,290,000

Schools & Community

Neighborhood: 

Pacific Palisades

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$406,784
Asking price
$1,275,000
Closing costs (~8% of asking)
-$102,000
Est. remaining loan balance
-$766,216
Cash to seller
$406,784

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

December 2021

Original loan amount

$816,000

Est. remaining balance

$766,216

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Melchior Fx Lamy and Aracelli Beers

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 10:55 AM

Listing updated: 11/08/2024 at 6:15 PM

Listed by: Jenna Macari, Compass Phone #: (310) 437-7500

MLS: CLAW #24443369

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