For SaleRisky Deal59 days on market
538 Spoleto Dr
538 Spoleto Dr, Pacific Palisades, CA 90272, Pacific Palisades, CA 90272
$18,998,000
Estimate®:$17,223,200
Listing Price
538 Spoleto Dr, Pacific Palisades, CA 90272
Loc: Pacific Palisades, CA
Days Listed
59
Tax Assessed
$18937k
Estimate®
$17223k
Market Rate
Lot Size
0.37 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
0.3 mi away
9
Paul Revere Middle School
6-8
1.8 mi away
9
Palisades Charter High School
9-12
1.3 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
luxurytransitionalmodern farmhouseswimming poolwooden decklandscaped lawnbalconyoutdoor kitchenwhite sidinggated hedgeoutdoor loungepatioresort-stylespacious
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.04%
Total ROI
90.2%
Cash Flow
$-2,884/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,884/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • 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 |
|---|---|---|---|
| 2026-07-27 | Listed for sale | $18,998,000 | $1,743 |
| 2026-07-27 | Listing removed | $19,998,000 | $1,835 |
| 2026-05-28 | Listed for sale | $19,998,000 | $1,835 |
| 2021-12-03 | Sold | $17,495,000 | $1,605 |
| 2021-11-29 | Pending sale | $17,495,000 | $1,605 |
| 2021-11-29 | Listing removed | $0 | – |
| 2021-11-28 | Listing removed | $0 | – |
| 2021-11-26 | Listing removed | $0 | – |
| 2021-11-24 | Listing removed | $0 | – |
| 2021-11-17 | Listing removed | $0 | – |
| 2021-10-12 | Contingent | $17,495,000 | $1,605 |
| 2021-09-10 | Listed for sale | $17,495,000 | $1,605 |
| 2020-01-24 | Listing removed | $6,500,000 | $596 |
| 2020-01-22 | Sold | $5,800,000 | $532 |
| 2019-05-14 | Pending sale | $6,500,000 | $596 |
| 2019-04-26 | Listed for sale | $6,500,000 | $596 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $18,937,148 |
| 2025 | $221,538.83 | $18,565,832 |
| 2024 | $219,117.23 | $18,201,798 |
| 2023 | $214,786.95 | $17,844,900 |
| 2022 | $203,938.5 | $17,495,000 |
| 2021 | $68,777.29 | $5,849,984 |
| 2020 | $1,901.99 | $156,230 |
| 2019 | $1,901.99 | $153,167 |
| 2018 | $1,827.36 | $150,164 |
| 2017 | $1,827.36 | $147,220 |
| 2016 | $1,787.93 | $144,334 |
| 2015 | $1,751.68 | $142,166 |
| 2014 | $1,738.75 | $139,382 |
| 2012 | $0 | $136,033 |
| 2011 | $0 | $133,366 |
| 2010 | $0 | $132,370 |
| 2009 | $0 | $132,685 |
| 2008 | $0 | $130,084 |
| 2007 | $0 | $127,534 |
| 2006 | $0 | $125,034 |
| 2005 | $0 | $125,034 |
| 2004 | $0 | $120,180 |
| 2003 | $0 | $117,978 |
| 2002 | $0 | $115,665 |
| 2000 | $0 | $111,175 |
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