For SaleNeutral Deal0 days on market
1287 Rimmer Ave
1287 Rimmer Ave, Pacific Palisades, CA 90272, Pacific Palisades, CA 90272
$4,995,000
Estimate®:$4,719,400
Listing Price
1287 Rimmer Ave, Pacific Palisades, CA 90272
Loc: Pacific Palisades, CA
Days Listed
0
Tax Assessed
$3391k
Estimate®
$4719k
Market Rate
Lot Size
0.51 acres
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.
9
Palisades Charter Elementary School
K-5
0.6 mi away
9
Paul Revere Middle School
6-8
1.8 mi away
9
Palisades Charter High School
9-12
0.5 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
modern architectural stylestucco exteriorwood paneling accentsattached garageupper level balconyglass garage doorsurfboard wall decorminimalist aestheticbamboo landscapingflat rooflinecontemporary designlarge paved drivewayurban luxury
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.28%
Total ROI
95.4%
Cash Flow
$234/mo
DSCR
1.01
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $234/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • 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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $4,995,000 | $1,303 |
| 2010-07-30 | Sold | $2,815,000 | $735 |
| 2010-06-05 | Listed for sale | $2,995,000 | $782 |
| 2006-05-17 | Sold | $3,100,000 | $809 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $3,390,529 |
| 2025 | $39,758.19 | $3,324,049 |
| 2024 | $43,867.41 | $3,621,319 |
| 2023 | $43,008.86 | $3,550,314 |
| 2022 | $40,994.24 | $3,480,701 |
| 2021 | $40,500.78 | $3,412,453 |
| 2020 | $40,840.87 | $3,302,976 |
| 2019 | $40,031.6 | $3,238,213 |
| 2018 | $38,280.96 | $3,174,719 |
| 2017 | $38,280.96 | $3,112,471 |
| 2016 | $37,443.03 | $3,051,443 |
| 2015 | $36,629.53 | $3,005,609 |
| 2014 | $36,191.06 | $2,946,734 |
| 2012 | $0 | $2,875,900 |
| 2011 | $0 | $2,815,000 |
| 2010 | $0 | $2,761,000 |
| 2009 | $0 | $3,289,743 |
| 2008 | $0 | $3,225,239 |
| 2007 | $0 | $3,162,000 |
| 2006 | $0 | $1,789,192 |
| 2005 | $0 | $1,789,192 |
| 2004 | $0 | $1,719,718 |
| 2003 | $0 | $1,683,000 |
| 2002 | $0 | $1,035,035 |
| 2000 | $0 | $994,845 |
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