For SaleNeutral Deal6 days on market
605 Erskine Dr
605 Erskine Dr, Pacific Palisades, CA 90272, Pacific Palisades, CA 90272
$4,295,000
Estimate®:$4,115,400
Listing Price
605 Erskine Dr, Pacific Palisades, CA 90272
Loc: Pacific Palisades, CA
Days Listed
6
Tax Assessed
$1647k
Estimate®
$4115k
Market Rate
Lot Size
4,587 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Marquez Charter School
K-5
0.8 mi away
9
Paul Revere Middle School
6-8
2.4 mi away
9
Palisades Charter High School
9-12
0.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
moderncontemporarystuccowood accentsmulti-storyattached garagelarge windowsminimalistluxuryasymmetrical designlandscapedcurb appealsloped lot
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.50%
Total ROI
100.2%
Cash Flow
$994/mo
DSCR
1.04
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $994/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.5%)
- • Strong rental demand in Pacific Palisades
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $4,295,000 | $1,387 |
| 2025-04-22 | Sold | $1,615,000 | $521 |
| 2025-04-04 | Pending sale | $1,495,000 | $483 |
| 2025-03-05 | Price change | $1,495,000 | $483 |
| 2025-03-03 | Listed for sale | $1,950,000 | $630 |
| 2015-02-20 | Sold | $2,799,000 | $904 |
| 2015-02-13 | Pending sale | $2,799,000 | $904 |
| 2015-01-27 | Price change | $2,799,000 | $904 |
| 2014-12-03 | Price change | $2,995,000 | $967 |
| 2014-11-08 | Listed for sale | $3,250,000 | $1,049 |
| 2013-07-16 | Sold | $1,500,015 | $484 |
| 1993-12-14 | Sold | $350,000 | $113 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $1,647,300 |
| 2025 | $13,055.6 | $1,090,789 |
| 2024 | $40,485.45 | $3,345,824 |
| 2023 | $39,692.5 | $3,280,221 |
| 2022 | $37,828.89 | $3,215,904 |
| 2021 | $37,372.73 | $3,152,848 |
| 2020 | $37,766.6 | $3,120,521 |
| 2019 | $37,766.6 | $3,059,335 |
| 2018 | $36,122.71 | $2,999,349 |
| 2017 | $36,122.71 | $2,898,516 |
| 2016 | $34,829.45 | $2,841,684 |
| 2015 | $34,070.97 | $2,319,970 |
| 2014 | $18,427.92 | $1,500,000 |
| 2012 | $0 | $473,611 |
| 2011 | $0 | $464,325 |
| 2010 | $0 | $460,855 |
| 2009 | $0 | $461,950 |
| 2008 | $0 | $452,893 |
| 2007 | $0 | $444,013 |
| 2006 | $0 | $435,308 |
| 2005 | $0 | $435,308 |
| 2004 | $0 | $418,406 |
| 2003 | $0 | $410,739 |
| 2002 | $0 | $402,686 |
| 2000 | $0 | $387,051 |
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