For SaleRisky Deal31 days on market
1221 Minorca Dr
1221 Minorca Dr, Pacific Palisades, CA 90272, Pacific Palisades, CA 90272
$9,999,999
Estimate®:$9,435,800
Listing Price
1221 Minorca Dr, Pacific Palisades, CA 90272
Loc: Pacific Palisades, CA
Days Listed
31
Tax Assessed
$8052k
Estimate®
$9436k
Market Rate
Lot Size
0.34 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.
10
Canyon Elementary School
K-5
1.2 mi away
9
Paul Revere Middle School
6-8
0.8 mi away
9
Palisades Charter High School
9-12
1.4 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
Mediterraneanstuccoswimming poolwaterfall featurepergolalandscaped gardensluxury estatestone patiooutdoor livingspacious backyardarchitectural charmvilla style
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.19%
Total ROI
93.4%
Cash Flow
$-321/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-321/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • 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 |
|---|---|---|---|
| 2026-08-24 | Listed for sale | $9,999,999 | $1,180 |
| 2026-08-22 | Price change | $45,000 | $5 |
| 2026-08-17 | Price change | $55,000 | $6 |
| 2026-08-02 | Price change | $65,000 | $8 |
| 2026-07-21 | Price change | $75,000 | $9 |
| 2026-07-01 | Listed for rent | $85,000 | $10 |
| 2019-12-12 | Listing removed | $45,000 | $5 |
| 2019-12-10 | Listing removed | $8,650,000 | $1,021 |
| 2019-10-10 | Listed for rent | $45,000 | $5 |
| 2019-10-04 | Listed for sale | $8,650,000 | $1,021 |
| 2017-11-17 | Listing removed | $8,495,000 | $1,003 |
| 2017-08-18 | Price change | $8,495,000 | $1,003 |
| 2017-08-02 | Listed for sale | $9,995,000 | $1,180 |
| 2016-03-24 | Sold | $6,668,750 | $787 |
| 2016-02-23 | Pending sale | $6,999,000 | $826 |
| 2016-01-28 | Listed for sale | $6,999,000 | $826 |
| 2015-09-25 | Listing removed | $7,395,000 | $873 |
| 2015-09-04 | Price change | $7,395,000 | $873 |
| 2015-04-16 | Listed for sale | $7,885,000 | $931 |
| 2012-08-31 | Listing removed | $35,000 | $4 |
| 2012-06-24 | Listed for rent | $35,000 | $4 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $8,052,330 |
| 2025 | $98,156.32 | $7,894,442 |
| 2024 | $97,154.07 | $7,739,650 |
| 2023 | $95,314.9 | $7,587,893 |
| 2022 | $92,564.82 | $7,439,112 |
| 2021 | $91,504.01 | $7,293,248 |
| 2020 | $87,514.23 | $7,218,466 |
| 2019 | $87,514.23 | $7,076,929 |
| 2018 | $83,741.62 | $6,938,167 |
| 2017 | $83,741.62 | $6,802,125 |
| 2016 | $81,909.45 | $5,166,700 |
| 2015 | $62,210.34 | $5,089,092 |
| 2014 | $61,452.52 | $4,989,405 |
| 2012 | $0 | $4,869,468 |
| 2011 | $0 | $4,773,989 |
| 2010 | $0 | $2,165,132 |
| 2009 | $0 | $2,170,276 |
| 2008 | $0 | $2,127,722 |
| 2007 | $0 | $2,086,002 |
| 2006 | $0 | $2,045,100 |
| 2005 | $0 | $2,045,100 |
| 2004 | $0 | $513,556 |
| 2003 | $0 | $504,145 |
| 2002 | $0 | $494,260 |
| 2000 | $0 | $459,971 |
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