27 days on rocket

Sale Pending

16505 Akron St, Pacific Palisades, CA, 90272

$2,295,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,492 SqFt
$1,538/SqFt
House
Schools Nearby

Location

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16505 Akron St, Los Angeles$2,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Door-Multi, Garage
Attached Garage2 spaces
Year Built1956
HeatingCentral
CoolingCentral Air
FireplaceFamily Room
ViewNone
MLS #24375681
Lot Size0.30 Acres
StatusSale Pending
(Pending)

About 16505 Akron St

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1956
  • Stories: 1
  • Living Area: 1,492 SqFt

Listing Office:

  • Office Name: Compass
  • Listing Agent: Dan Urbach

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Gas Cooktop, Microwave, Warming Drawer, Washer
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fan(s)
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Carport, Door-Multi, Garage

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Paul Revere Middle School, Public Charter Grades 6-8
  • Studio, Public District Grades 6-8
  • Marquez Charter, Public Charter Grades KG-5
  • Academy For Enriched Sciences, Public Magnet Grades 1-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6

Other

Directions Information:

  • Directions: See Google maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,295,000
  • Price Per SqFt: $1,538/SqFt

Tax Information:

  • Annual Amount: $14,116
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

16505 Akron St vs Los Angeles

27 DAYS ON ROCKET

-7 Days

$2,295,000

+$1.3M More

$1,538/SqFt

+$906 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $906/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24375681

Listing Office:

  • Office Name: Compass
  • Listing Agent: Dan Urbach

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:25:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 19, 2003Home Sold
$899,000
Feb 11, 1998Home Sold
$505,000

Tax History

YEARPROP. TAXASSESSMENT
2021$14,116$1,180,839
2020$13,691$1,168,732
2019$13,621$1,145,816
2018$13,325$1,123,350
2017$13,325$1,101,324

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,947

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4463115
8
/10
  • Marquez Charter

  • 16821 Marquez Ave

  • 0.51 miles

  • Public Charter Grades KG-5

school-card-donut-4463116
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 10.89 miles

  • Public Magnet Grades 1-5

school-card-donut-4463117
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 11.47 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-4463118
8
/10
  • Paul Revere Middle School

  • 1450 Allenford Ave

  • 2.69 miles

  • Public Charter Grades 6-8

school-card-donut-4463119
4
/10
  • Studio

  • 2211 W Avenue 30

  • 17.85 miles

  • Public District Grades 6-8

High School

school-card-donut-4463120
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 9.93 miles

  • Public Magnet Grades 9-12

school-card-donut-4463121
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 18.91 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $118,644. Typical income of Los Angeles, CA residents is $200k+ annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16505 Akron St

What is the listing price of this property?

The listing price of 16505 Akron St property is $2,295,000.

What type of property is this?

The property 16505 Akron St is a house located in Pacific Palisades, California, 90272.

Is this property for sale now?

Sale Pending: 16505 Akron St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 16505 Akron St are:
Marquez Charter: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Paul Revere Middle School: GreatSchools Rating 8/10
Studio: GreatSchools Rating 4/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $14,116 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 19, 2003 for $899,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16505 Akron St has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 16505 Akron St is 1,492 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16505 Akron St is 1956.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles9027216505 Akron St

This home is located at 16505 Akron St in Pacific Palisades, CA and zip code 90272 in the Pacific Palisades neighborhood. This 1,492 square foot home, which was built in 1956, sits on a 0.30 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $2,295,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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