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16537 W Sunset Blvd, Pacific Palisades, CA 90272
$1,780,000
16537 W Sunset Blvd, Pacific Palisades, CA 90272View this property at 16537 W Sunset Blvd, Pacific Palisades, CA 90272
16537 W Sunset BlvdPacific PalisadesCA90272
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Property Description
Rare opportunity to own an income property in the Pacific Palisades. First time on the market in 38 years. One unit owner-occupied...one unit will be delivered vacant at the COE. This fantastic duplex offers two separate buildings with flexibility in how they are used. Options: Owner-user in one with income from the other...or investor looking for prime location with excellent potential for upside in rental income. LOWER UNIT faces Sunset Blvd and enjoys 2 bedrooms, 1 bath plus living room and eat-in kitchen. This unit also has a patio, covered laundry area outside and 1-car garage. UPPER UNIT enjoys views of the trees and some ocean. This charming space that feels like a home offers 2 bedrooms (1 currently used as an office), 1 bath plus living room and beautifully updated eat-in kitchen. Wrap-around patio with nice sense of privacy and storage room with laundry below the unit. 2-car garage accompanies the Upper Unit. See OFFER GUIDELINES in DOCS. Seller does not know condition of fireplace/chimney in each unit and will do no repairs or credits. MUST use RIPA form for offers.
Full Property Details
Full Property Details for 16537 W Sunset Blvd
General
- Sold For: $1,780,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 23-283671
- Added to Site: 311 day(s) ago
Interior
- Flooring: Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool Description: None
- Spa Description: None
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Garage Description: Attached, Door Opener, Garage - 3 Car
Location
- Area: Pacific Palisades
- County: Los Angeles
- Driving Directions: Sunset just East of Marquez Avenue
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Utilities
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- # Buildings: 2
- Architectural Style: Bungalow
- Common Walls: Detached/No Common Walls
- Stories/Levels: 1
- Square Feet: 1,921
- Sq. Ft. Source: Assessor
- Year Built: 1949
- Year Built Source: Assessor
Unit Information
- Units in Complex: 2
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Property View: Ocean, Tree Top, Trees/Woods, Peek-a-Boo
- Lot Size (Acres): 0.1259
- Lot Size: 5484
- Lot Size Source: Assessor
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $1,002.08
- Assessment Year: 1949
- Owner Pays: Gardener, Water
- Tenant Pays: Electricity, Cable TV, Gas, Insurance
Disclosures and Reports
- Disclosures/Reports: As Is, Coastal Commission Restrictions, Coastal Zone, Rent Control
- APN: 4419-013-006
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Schools
Schools serving 16537 W Sunset Blvd
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
16821 Marquez Ave, Pacific Plsds, CA 90272 | K-5 | 0.3 mi | |
1450 Allenford Ave, Los Angeles, CA 90049 | 6-8 | 2.8 mi | |
Palisades Charter High School
15777 Bowdoin St, Pacific Plsds, CA 90272 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16537 W Sunset Blvd
Date
Details
Price
Change
Source
10/17/2023
Sold
$1,780,000
-7.53%
MLS
8/31/2023
Price Reduced
$1,925,000
-3.51%
MLS
8/05/2023
Price Reduced
$1,995,000
-4.77%
MLS
6/22/2023
Listed
$2,095,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16537 W Sunset Blvd, Pacific Palisades, CA 90272 (MLS# 23-283671) is a Multi-Family property that was sold at $1,780,000 on October 17, 2023. This property was listed by Keith Craven from our Pacific Palisades Office.Want to learn more about 16537 W Sunset Blvd? Do you have questions about finding other Multi-Family real estate for sale in Pacific Palisades? You can browse all Pacific Palisades real estate or contact a Coldwell Banker agent to request more information.