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16601 Marquez Ave #304
B- Composite 69.84
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +29.8/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Rent growth +4.3/5.0
  • Schools +3.6/10.0
  • Livability +3.4/5.0
  • Condition / age +1.0/5.0
  • Appreciation +0.2/10.0

$350,000

16601 Marquez Ave #304 · Los Angeles, CA 90272
2 bd · 2.0 ba · 1,175 sqft · Condo public records · 105 Days on market
Built 1965 Poor condition $298/sqft · 63% below area $897/mo HOA · 15% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This Pacific Palisades unit is being offered "as-is". The interior of the unit was NOT damaged and was recently renovated prior to the fire (photos are pre-fire). Bright and sunny, top floor unit with ocean views from the balcony. The unit requires environmental remediation and is not currently habitable, but does not require a full interior rebuild. The front building is scheduled for remediation, while the rear building sustained significant damage. Seller makes no warranties regarding scope of work, timelines, and will sell on an absolute 'as-is' basis. More information about current status of HOA and remediation can be provided to interested buyers.

Key facts

  • $897 HOA
  • Garage
  • Community pool

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath condo listed at $350k. Condition is rated poor.

Deal economics

  • At list price, monthly cash flow is $1k ($15k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($6k rent vs $350k).
  • Recommended offer: $318k (9.0% below list) — sets the bar for market timing.
  • Cap rate 10.7% vs local median 2.1% in Los Angeles — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 68/100 on livability (#273 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment B; Watch: health & safety C-, crime F, cost of living F.
  • Los Angeles Unified (urban): math 29% / reading 54% proficiency, ranked #223 of 517 in CA (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Marquez Charter (314 students, 14% FRL, charter); Paul Revere Charter Middle (1,718 students, 25% FRL, charter); Valley Academy of Arts And Sciences (math 22% / reading 52%, grade F, #578 of 1,170 statewide, top 51%, 868 students, 64% FRL) — zoned schools average 35% FRL vs 67% district-wide (33 pts lower); this property's tenant base skews higher-income than the district average.
  • Market conditions: Rents rising fast (+7.4%/yr); 391 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals lingering (median 43d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
  • This rent runs 37% of the median local income ($190k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
  • Los Angeles County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 7.4% rent growth), your $98k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 105 days — a 9% lower offer ($318k) is reasonable based on typical stale-listing flexibility.
  • 15 sale attempts since 28y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 8→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $318,500 (9.0% below list)

Questions for the listing agent

  1. It's been on market 105 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  3. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  9. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  10. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  11. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.66%
Cap rate
10.69%
Cash-on-cash
15.71%
DSCR
1.70
GRM
5.0

CMA / ARV

ARV (median comp)
$957,049
List price
$350,000
Delta
-63.43%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
16169 W Sunset Blvd #105 0.33mi 2/2.0 1,113 (-5%) 11mo $575,000 $517 66
821 Las Lomas Ave 0.30mi 2/2.0 1,204 (+2%) 23mo $2,239,000 $1,860 63
16641 Linda Ter 0.10mi 3/3.0 (+1) 1,466 (+25%) 2mo $2,200,000 $1,501 60
16037 Miami Way 0.43mi 3/2.0 (+1) 1,128 (-4%) 20mo $2,750,000 $2,438 52
16123 W Sunset Blvd #101 0.41mi 2/3.0 1,386 (+18%) 0mo $785,000 $566 52
18049 Coastline Dr #2 1.48mi 2/2.0 1,061 (-10%) 0mo $1,950,000 $1,838 49
16321 Pacific Coast Hwy #145 0.70mi 2/2.0 1,304 (+11%) 2mo $175,000 $134 47
37 Aloha Dr 0.80mi 2/2.0 1,152 (-2%) 20mo $1,045,000 $907 45
17366 W Sunset Blvd #206 0.83mi 2/2.0 1,379 (+17%) 6mo $960,000 $696 35
15510 W Sunset Blvd #102 0.86mi 2/2.0 1,027 (-13%) 14mo $1,250,000 $1,217 32
744 Haverford Ave 0.89mi 2/2.0 1,444 (+23%) 22mo $2,100,000 $1,454 21
14816 Drummond St 1.41mi 3/2.0 (+1) 1,450 (+23%) 20mo $2,005,000 $1,383 18

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 7.38% rent growth · sell at horizon

5-year hold
IRR
12.6%
Equity multiple
1.53×
Total profit
$52,357
Equity at exit
$52,186
10-year hold
IRR
25.4%
Equity multiple
3.79×
Total profit
$273,367
Equity at exit
$30,262

Cash invested: $98,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (CITY)
0 Strongly Tenant-Friendly
State California
18 Strongly Tenant-Friendly · D+13
County
— inherits STATE
City Los Angeles
0 Strongly Tenant-Friendly · D+22
LARSO + JCEO 2023; relocation for substantial remodel evictions.

ZIP-level market 90272

Home prices YoY
-2.6%
Rents YoY
7.4%
Active inventory
391
Price-to-rent
5.0×

Monthly cashflow live

Estimated rent
$5,804 high interval (Pro) →
Mortgage (P&I)
$1,835
Tax from tax record
$423 /mo · $5,081/yr
Insurance
$146
HOA
$897
Vacancy / Maint / Mgmt
$1,219
Net cashflow
$1,283

Break-even live

Break-even rent $4,179
Max offer price $350,000
Occupancy floor 73%

Sensitivity live

Price -10% $1,481 -5% $1,382 +0% $1,283 +5% $1,184 +10% $1,085
Rent -10% $825 -5% $1,054 +0% $1,283 +5% $1,513 +10% $1,742
Rate -1.0pp $1,460 -0.5pp $1,372 base $1,283 +0.5pp $1,193 +1.0pp $1,100

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$87,500
Closing costs
$10,500
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 37 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
16641 Linda Ter Pacific Palisades, CA 3.0 2.5 1466 $8,500 $5.80 10d 1 0.10mi
676 Bienveneda Ave Pacific Palisades, CA 3.0 1.5 1465 $6,350 $4.33 28d 1 0.24mi
16169 W Sunset Blvd #201 Pacific Palisades, CA 2.0 2.0 1208 $3,950 $3.27 93d 1 0.36mi
16144 Sunset Blvd Unit 3 Pacific Palisades, CA 1.0 1.0 850 $2,750 $3.24 38d 1 0.42mi
16144 Sunset Blvd Unit 6 Pacific Palisades, CA 2.0 1.0 1200 $3,450 $2.88 37d 1 0.42mi
16144 Sunset Blvd Unit 3 Pacific Palisades, CA 1.0 1.0 850 $2,750 $3.24 27d 1 0.42mi
16144 Sunset Blvd Unit 2 Pacific Palisades, CA 1.0 1.0 850 $2,850 $3.35 14d 1 0.42mi
16144 Sunset Blvd Unit 6 Pacific Palisades, CA 2.0 1.0 1200 $3,450 $2.88 27d 1 0.42mi
16123 Sunset Blvd #304 Pacific Palisades, CA 2.0 2.5 1250 $4,650 $3.72 93d 1 0.44mi
16123 Sunset Blvd #202 Pacific Palisades, CA 2.0 2.0 1447 $4,975 $3.44 31d 1 0.44mi
16123 Sunset Blvd #304 Pacific Palisades, CA 2.0 2.5 1250 $4,300 $3.44 2d 1 0.44mi
16123 Sunset Blvd #202 Pacific Palisades, CA 2.0 2.0 1447 $4,975 $3.44 93d 1 0.44mi
16100 Sunset Blvd Unit 201 Pacific Palisades, CA 2.0 2.0 1100 $4,850 $4.41 93d 1 0.45mi
16100 Sunset Blvd Unit 109 Pacific Palisades, CA 2.0 2.0 1100 $5,270 $4.79 73d 1 0.45mi
16100 Sunset Blvd Unit 106 Pacific Palisades, CA 1.0 1.0 1000 $3,333 $3.33 7d 1 0.45mi
16100 Sunset Blvd Unit 304 Pacific Palisades, CA 2.0 2.0 1100 $5,350 $4.86 93d 1 0.45mi
16100 Sunset Blvd Unit 301 Pacific Palisades, CA 2.0 2.0 1100 $5,250 $4.77 93d 1 0.45mi
16100 Sunset Blvd Unit 104 Pacific Palisades, CA 2.0 2.0 1100 $4,995 $4.54 93d 1 0.45mi
16100 Sunset Blvd Unit 204 Pacific Palisades, CA 2.0 2.0 1100 $4,556 $4.14 93d 1 0.45mi
16100 Sunset Blvd Unit 106 Pacific Palisades, CA 1.0 1.0 942 $4,195 $4.45 93d 1 0.45mi
16100 Sunset Blvd Unit 102 Pacific Palisades, CA 1.0 1.0 945 $3,166 $3.35 67d 1 0.45mi
16100 Sunset Blvd Unit 201 Pacific Palisades, CA 2.0 2.0 1100 $4,042 $3.67 7d 1 0.45mi
16070 Sunset Blvd Unit 1426 Pacific Palisades, CA 2.0 2.0 1100 $3,840 $3.49 73d 1 0.49mi
16070 Sunset Blvd Unit 101 Pacific Palisades, CA 2.0 2.0 1250 $2,998 $2.40 73d 1 0.49mi
16070 W Sunset Blvd Pacific Palisades, CA 2.0 2.0 1250 $3,198 $2.56 93d 1 0.49mi
513 Arbramar Ave Pacific Palisades, CA 2.0 1.5 1282 $6,800 $5.30 0d 1 0.58mi
17350 W Sunset Blvd #602 Pacific Palisades, CA 1.0 1.0 1051 $4,450 $4.23 0d 1 0.77mi
17366 W Sunset Blvd #201 Pacific Palisades, CA 1.0 1.0 1051 $5,500 $5.23 93d 1 0.79mi
17366 W Sunset Blvd #201 Pacific Palisades, CA 1.0 1.0 1051 $4,500 $4.28 24d 1 0.79mi
17368 W Sunset Blvd #405 Pacific Palisades, CA 1.0 1.0 1051 $4,200 $4.00 8d 1 0.80mi
15480 Antioch St Apt 306 Pacific Palisades, CA 2.0 2.0 1202 $4,114 $3.42 93d 1 0.91mi
437 Swarthmore Ave Pacific Palisades, CA 2.0 2.0 1114 $5,497 $4.93 42d 1 1.13mi
15322 De Pauw St Pacific Palisades, CA 2.0 2.0 1200 $6,000 $5.00 93d 1 1.15mi
18065 Coastline Dr Unit 1 Malibu, CA 2.0 2.0 1100 $9,360 $8.51 93d 1 1.48mi
18065 W Coastline Dr Unit 4 Malibu, CA 2.0 2.0 1400 $6,500 $4.64 19d 1 1.48mi
18063 W Coastline Dr Unit 3 Malibu, CA 2.0 2.0 1500 $8,250 $5.50 4d 1 1.48mi
18069 Coastline Dr Unit 9 Malibu, CA 2.0 2.0 1200 $6,450 $5.38 32d 1 1.50mi

HOA detail $897/mo · $10,764/yr condo

Assessments
None detected in remarks — confirm with the listing agent.

Listing history 50 events

  1. 2026-06-16
    days on market $350,000 Active 105 DOM
  2. 2026-06-15
    days on market $350,000 Active 104 DOM
  3. 2026-06-13
    days on market $350,000 Active 102 DOM
  4. 2026-06-09
    days on market $350,000 Active 98 DOM
  5. 2026-06-08
    days on market $350,000 Active 97 DOM
  6. 2026-06-07
    days on market $350,000 Active 96 DOM
  7. 2026-06-04
    days on market $350,000 Active 93 DOM
  8. 2026-06-03
    days on market $350,000 Active 92 DOM
  9. 2026-06-02
    days on market $350,000 Active 91 DOM
  10. 2026-06-01
    days on market $350,000 Active 90 DOM
  11. 2026-05-31
    days on market $350,000 Active 89 DOM
  12. 2026-03-27
    status Active 671-char remark
    Show marketing remark (671 chars)

    This Pacific Palisades unit is being offered "as-is". The interior of the unit was NOT damaged and was recently renovated prior to the fire (photos are pre-fire). Bright and sunny, top floor unit with ocean views from the balcony. The unit requires environmental remediation and is not currently habitable, but does not require a full interior rebuild. The front building is scheduled for remediation, while the rear building sustained significant damage. Seller makes no warranties regarding scope of work, timelines, and will sell on an absolute 'as-is' basis. More information about current status of HOA and remediation can be provided to interested buyers.

  13. 2026-03-20
    historical Backup Offers Accepted 671-char remark
    Show marketing remark (671 chars)

    This Pacific Palisades unit is being offered "as-is". The interior of the unit was NOT damaged and was recently renovated prior to the fire (photos are pre-fire). Bright and sunny, top floor unit with ocean views from the balcony. The unit requires environmental remediation and is not currently habitable, but does not require a full interior rebuild. The front building is scheduled for remediation, while the rear building sustained significant damage. Seller makes no warranties regarding scope of work, timelines, and will sell on an absolute 'as-is' basis. More information about current status of HOA and remediation can be provided to interested buyers.

  14. 2026-03-03
    listed $350,000 Active 671-char remark
    Show marketing remark (671 chars)

    This Pacific Palisades unit is being offered "as-is". The interior of the unit was NOT damaged and was recently renovated prior to the fire (photos are pre-fire). Bright and sunny, top floor unit with ocean views from the balcony. The unit requires environmental remediation and is not currently habitable, but does not require a full interior rebuild. The front building is scheduled for remediation, while the rear building sustained significant damage. Seller makes no warranties regarding scope of work, timelines, and will sell on an absolute 'as-is' basis. More information about current status of HOA and remediation can be provided to interested buyers.

  15. 2017-06-26
    soldstatus $920,000 Closed 997-char remark
    Show marketing remark (997 chars)

    Don't miss this Pacific Palisades stunner with ocean views to Catalina! This handsome top-floor unit in the coveted Las Brisas complex has it all: great layout, tastefully updated finishings, quiet neighbors, and the perfect location - close to the beach, hiking trails, and downtown Palisades. The open kitchen has high ceilings, custom cabinetry, and plentiful skylights. Living room features custom built-ins, tongue and groove ceilings, and a beautiful spacious balcony that overlooks the Pacific. Two good-sized bedrooms, each with ample closet space. All the details in this bright and sunny condo were done right - from Carrera marble to wainscoting, crown molding, and recessed lighting throughout. Plus, in-unit laundry, side by side parking, additional storage, bike room, and great amenities. HOA fee includes EQ insurance, gym, pool, and Direct TV. This building will have excellent access to the new Caruso Development in Palisades Village with retail, restaurants, movies, and parks.

  16. 2017-06-26
    soldstatus $920,000
    Show marketing remark (997 chars)

    Don't miss this Pacific Palisades stunner with ocean views to Catalina! This handsome top-floor unit in the coveted Las Brisas complex has it all: great layout, tastefully updated finishings, quiet neighbors, and the perfect location - close to the beach, hiking trails, and downtown Palisades. The open kitchen has high ceilings, custom cabinetry, and plentiful skylights. Living room features custom built-ins, tongue and groove ceilings, and a beautiful spacious balcony that overlooks the Pacific. Two good-sized bedrooms, each with ample closet space. All the details in this bright and sunny condo were done right - from Carrera marble to wainscoting, crown molding, and recessed lighting throughout. Plus, in-unit laundry, side by side parking, additional storage, bike room, and great amenities. HOA fee includes EQ insurance, gym, pool, and Direct TV. This building will have excellent access to the new Caruso Development in Palisades Village with retail, restaurants, movies, and parks.

  17. 2017-06-21
    status Pending 997-char remark
    Show marketing remark (997 chars)

    Don't miss this Pacific Palisades stunner with ocean views to Catalina! This handsome top-floor unit in the coveted Las Brisas complex has it all: great layout, tastefully updated finishings, quiet neighbors, and the perfect location - close to the beach, hiking trails, and downtown Palisades. The open kitchen has high ceilings, custom cabinetry, and plentiful skylights. Living room features custom built-ins, tongue and groove ceilings, and a beautiful spacious balcony that overlooks the Pacific. Two good-sized bedrooms, each with ample closet space. All the details in this bright and sunny condo were done right - from Carrera marble to wainscoting, crown molding, and recessed lighting throughout. Plus, in-unit laundry, side by side parking, additional storage, bike room, and great amenities. HOA fee includes EQ insurance, gym, pool, and Direct TV. This building will have excellent access to the new Caruso Development in Palisades Village with retail, restaurants, movies, and parks.

  18. 2017-05-28
    status Backup Offers Accepted 997-char remark
    Show marketing remark (997 chars)

    Don't miss this Pacific Palisades stunner with ocean views to Catalina! This handsome top-floor unit in the coveted Las Brisas complex has it all: great layout, tastefully updated finishings, quiet neighbors, and the perfect location - close to the beach, hiking trails, and downtown Palisades. The open kitchen has high ceilings, custom cabinetry, and plentiful skylights. Living room features custom built-ins, tongue and groove ceilings, and a beautiful spacious balcony that overlooks the Pacific. Two good-sized bedrooms, each with ample closet space. All the details in this bright and sunny condo were done right - from Carrera marble to wainscoting, crown molding, and recessed lighting throughout. Plus, in-unit laundry, side by side parking, additional storage, bike room, and great amenities. HOA fee includes EQ insurance, gym, pool, and Direct TV. This building will have excellent access to the new Caruso Development in Palisades Village with retail, restaurants, movies, and parks.

  19. 2017-05-22
    listed $895,000 Active 997-char remark
    Show marketing remark (997 chars)

    Don't miss this Pacific Palisades stunner with ocean views to Catalina! This handsome top-floor unit in the coveted Las Brisas complex has it all: great layout, tastefully updated finishings, quiet neighbors, and the perfect location - close to the beach, hiking trails, and downtown Palisades. The open kitchen has high ceilings, custom cabinetry, and plentiful skylights. Living room features custom built-ins, tongue and groove ceilings, and a beautiful spacious balcony that overlooks the Pacific. Two good-sized bedrooms, each with ample closet space. All the details in this bright and sunny condo were done right - from Carrera marble to wainscoting, crown molding, and recessed lighting throughout. Plus, in-unit laundry, side by side parking, additional storage, bike room, and great amenities. HOA fee includes EQ insurance, gym, pool, and Direct TV. This building will have excellent access to the new Caruso Development in Palisades Village with retail, restaurants, movies, and parks.

  20. 2011-08-05
    soldstatus $555,000 Closed
  21. 2011-08-04
    soldstatus $555,000
  22. 2011-07-21
    status Pending
  23. 2011-04-25
    status Backup Offers Accepted
  24. 2011-04-01
    price $520,000
  25. 2011-02-25
    status Active
  26. 2011-02-25
    historical Expired
  27. 2010-08-26
    listed $640,000 Active
  28. 2010-03-10
    historical Expired
  29. 2010-01-15
    status Active
  30. 2010-01-05
    historical Hold
  31. 2009-12-02
    price
  32. 2009-11-10
    listed Active
  33. 2009-06-10
    historical
  34. 2009-06-09
    historical
  35. 2009-05-23
    price
  36. 2009-05-22
    price
  37. 2009-04-28
    price
  38. 2009-04-28
    status
  39. 2009-04-23
    historical
  40. 2009-04-21
    listed
  41. 2009-04-18
    price
  42. 2009-03-25
    price
  43. 2009-03-11
    price
  44. 2009-01-17
    listed
  45. 2007-04-24
    soldstatus $667,950 Closed
  46. 2007-04-06
    soldstatus $670,000
  47. 2007-02-23
    historical
  48. 2006-11-03
    listed $599,500
  49. 2004-05-17
    soldstatus $550,000
  50. 2004-05-17
    soldstatus $549,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

Current annual tax
$5,081 · $423/mo
Projected year-2 tax
$5,081 · $423/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 7/10 Severe 8 d/yr ≥81°F today · 21 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$69,646
− Mortgage interest
−$19,605
− Property taxes
−$5,081
− Insurance
−$1,750
− Repairs & maintenance
−$5,572
− Management
−$5,572
− HOA
−$10,764
− Depreciation
−$10,182
Taxable income
$11,120
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,669
After-tax cash flow
$12,731/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 10 photos

Poor 20/100 Extensive rehab Est. rehab $58,750–$105,750 screening

This Pacific Palisades unit requires extensive repairs and rebuilding due to significant damage from a fire. The property is currently not habitable and requires environmental remediation. The cost of rebuilding and remediation will be substantial.

Components & finishes AI

Flooring wood Counters marble Appliances stainless steel

Deferred maintenance Est. $10,000–$30,000 screening

  • Major Roof (roof) — The roof appears to be missing or damaged.

Repairs flagged

  • Major Kitchen cabinets — Severe damage to cabinets and countertops
  • Major Bathroom fixtures — Damaged fixtures and tiles
  • Major Roof — Damaged roof visible in satellite image
  • Major Siding — Damaged siding
  • Major Windows — Damaged windows
  • Major Flooring — Damaged flooring
  • Major Interior walls — Damaged walls and paint
  • Major HVAC — Damaged HVAC and electrical systems

Value-add opportunities

  • Resale Rebuild kitchen and bathrooms — Both kitchen and bathrooms are severely damaged and need complete rebuild
  • Resale Rebuild roof and siding — Both roof and siding are severely damaged and need complete rebuild
  • Resale Replace windows — Damaged windows need replacement for safety and aesthetics
  • Resale Rebuild flooring — Damaged flooring needs complete replacement
  • Resale Rebuild interior walls and paint — Damaged walls and paint need complete rebuild
  • Resale Rebuild HVAC and electrical systems — Damaged HVAC and electrical systems need complete rebuild

ⓘ Rehab cost is a screening estimate — Extensive scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

Zoned Schools

Elementary Marquez Charter Middle Paul Revere Charter Middle

Schools (NCES district)

District
Los Angeles Unified
NCES district ID
0622710
Math proficiency
29% ▼ -4.00%
Reading proficiency
54% ▲ 10.00%
Median HH income
$50,403
Composite
35.67/100
National rank
#4875
State rank
#223 of 517 in CA
C Composite livability gradescore 68/100

Livability — Los Angeles

Score
68/100
State rank
#273
US rank
#9237

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment B Housing B- Health & safety C- User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Los Angeles, CA
County
Los Angeles County · 10,940,515 people
City population
3,838,149
Metro
Los Angeles-Long Beach-Anaheim, CA
Population (ZIP)
21,390
Household income
$189,713
Rent vs Own
20.1% rent · 79.9% own
Severe rent burden
5% of renters

Population outlook (Los Angeles County) Hauer SSP2

Today (2025)
10,940,515 people
By 2030
11,256,481 · +2.9%
By 2040
11,729,929 · +7.2%
By 2050
11,948,407 · +9.2%
By 2075
11,818,114 · +8.0%
By 2100
10,842,928 · -0.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (81%)
Race & ethnicity
White 81% Two or more races 9% Asian 6% Hispanic / Latino 4%
Common ancestry
Italian 6% Romanian 6% Scotch-Irish 4%
Foreign-born
15% · Canada, China, South Korea
Languages at home
85% English-only · Other Indo-European 4% Spanish 3% Chinese 2%

Political lean MEDSL · Los Angeles

2024 margin
Solid D (+32.9) · D 64.8% · R 31.9% · Other 3.3%
2008→2024 swing
-7.4pp toward R · 2008: 40.4pp · 2024: 32.9pp
All cycles
2024: D+32.9 2020: D+44.2 2016: D+48.0 2012: D+40.0 2008: D+40.4

Not yet ingested

Civics

Price history

+34.6% since first listed
51 events — show timeline
  • 2026-03-27 Relisted TheMLS
  • 2026-03-20 Contingent TheMLS
  • 2026-03-03 Listed $350,000 TheMLS
  • 2017-06-26 Sold (Public Records) $920,000 Public Records
  • 2017-06-26 Sold (MLS) $920,000 TheMLS
  • 2017-06-21 Pending TheMLS
  • 2017-05-28 Pending TheMLS
  • 2017-05-22 Listed $895,000 TheMLS
  • 2011-08-05 Sold (MLS) $555,000 TheMLS
  • 2011-08-04 Sold (Public Records) $555,000 Public Records
  • 2011-07-21 Pending TheMLS
  • 2011-04-25 Pending TheMLS
  • 2011-04-01 Price Changed $520,000 TheMLS
  • 2011-02-25 Relisted TheMLS
  • 2011-02-25 Delisted TheMLS
  • 2010-08-26 Listed $640,000 TheMLS
  • 2010-03-10 Delisted TheMLS
  • 2010-01-15 Relisted TheMLS
  • 2010-01-05 Delisted TheMLS
  • 2009-12-02 Price Changed TheMLS
  • 2009-11-10 Listed TheMLS
  • 2009-06-10 Delisted TheMLS
  • 2009-06-09 Delisted TheMLS
  • 2009-05-23 Price Changed TheMLS
  • 2009-05-22 Price Changed TheMLS
  • 2009-04-28 Relisted TheMLS
  • 2009-04-28 Price Changed TheMLS
  • 2009-04-23 Delisted TheMLS
  • 2009-04-21 Listed TheMLS
  • 2009-04-18 Price Changed TheMLS
  • 2009-03-25 Price Changed TheMLS
  • 2009-03-11 Price Changed TheMLS
  • 2009-01-17 Listed TheMLS
  • 2007-04-24 Sold (MLS) $667,950 TheMLS
  • 2007-04-06 Sold (Public Records) $670,000 Public Records
  • 2007-02-23 Delisted TheMLS
  • 2006-11-03 Listed $599,500 TheMLS
  • 2004-05-17 Sold (Public Records) $549,000 Public Records
  • 2004-05-17 Sold (MLS) $550,000 TheMLS
  • 2004-05-03 Delisted TheMLS
  • 2004-04-12 Listed $559,000 TheMLS
  • 2004-03-12 Sold (Public Records) $440,000 Public Records
  • 2004-03-12 Sold (MLS) $440,000 TheMLS
  • 2004-01-22 Delisted TheMLS
  • 2004-01-21 Listed $465,000 TheMLS
  • 1998-12-29 Sold (MLS) $275,000 TheMLS
  • 1998-12-10 Delisted TheMLS
  • 1998-11-06 Delisted TheMLS
  • 1998-10-20 Listed $289,900 TheMLS
  • 1998-08-06 Listed TheMLS
  • 1989-04-18 Sold (Public Records) $260,000 Public Records

Property tax history

-2.8%/yr

Latest (2025): $5,081 · -60.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…