NOT LISTED FOR SALE

1012 Rivas Canyon Pacific Palisades, CA 90272

Estimated Value: $6,307,000 - $6,824,217

4 Beds
3 Baths
2,416 Sq Ft
$2,741/Sq Ft Est. Value

Highlights

  • In Ground Pool
  • Canyon View
  • Living Room with Fireplace
  • 53,513 Sq Ft lot
  • Midcentury Modern Architecture
  • Laundry Room

About This Home

As of March 2013

This authentic Mid-Century 4 Bedroom + 3 bath home was designed by A. Quincy Jones and offers a quiet canyon setting-On a mostly flat approx. 53,000sf lot, this home offers a large pool, entertaining areas and walls of glass. Walk to Will Rogers park and enjoy the hiking trails of the Santa Monica Mountains-2 Fireplaces, light and bright with skylites and wall of glass-Also available for sale at $5,295,000-

Last Agent to Rent the Property

Brad Kesner

Wilshire Advisory Group, Inc License #00986769 Listed on: 01/30/2013

Last Renter's Agent

Frank Langen

DPP License #01108147

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,289

Year Built

  • Built in 1957

Lot Details

  • 1.23 Acre Lot
  • Property is zoned LARE40

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,416 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Canyon Views

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Carport
  • Driveway

Pool

  • In Ground Pool
  • Pool Cover

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $17,950
  • Tenant pays for cable TV, electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4409-005-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,289

Year Built

Built in 1957

Lot Details

0

Rental Info

  • Lease Option: 1
  • Security Deposit: 17950
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Mid-Century
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Complex Name: 1012 Rivas Cyn
  • Entry Floor: 1
  • Lease Terms: 1-Year
  • Living Area: 2416
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1957
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Den, Living Room
  • Flooring: Mixed
  • Bedrooms: 4
  • Fireplaces: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 3.71

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Pool Cover, Private
  • Pool: Yes
  • View: Canyon
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport, Driveway
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4409-005-010
  • Geocode Override: No
  • Lot Size Area: 53513

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2024
Sold by
Gary Karrass Trust and Karrass Gary
Bought by
25 Cliff Road Trust and Slater
Current Estimated Value
$6,622,406

Purchase Details

Closed on
Jan 20, 2012
Sold by
Karrass Gary
Bought by
Karrass Gary and Gary Karrass Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2011
Sold by
Karrass Gary
Bought by
Karrass Gary and Gary Karrass Trust

Purchase Details

Closed on
Sep 27, 1996
Sold by
Paley Peter and The Irving H Paley Trust
Bought by
Karrass Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
8.1%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
25 Cliff Road Trust $7,500,000 Fidelity National Title
Karrass Gary -- Accommodation
Karrass Gary -- Lsi Title
Karrass Gary -- None Available
Karrass Gary $1,300,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karrass Gary $849,000
Previous Owner Karrass Gary $993,100
Previous Owner Karrass Gary $1,000,000
Previous Owner Karrass Gary $975,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2013 03/04/13 Rented $8,500 -5.3% --
03/04/2013 03/04/13 Under Contract -- -- --
01/30/2013 01/30/13 For Rent $8,975 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $25,289 $4,680,000 $4,680,000 --
2024 $25,289 $2,075,790 $1,660,640 $415,150
2023 $24,798 $2,035,089 $1,628,079 $407,010
2022 $23,645 $1,995,186 $1,596,156 $399,030
2021 $23,356 $1,956,065 $1,564,859 $391,206
2019 $22,653 $1,898,049 $1,518,446 $379,603
2018 $22,555 $1,860,833 $1,488,673 $372,160
2016 $21,580 $1,788,576 $1,430,867 $357,709
2015 $21,262 $1,761,711 $1,409,375 $352,336
2014 $21,346 $1,727,203 $1,381,768 $345,435
Source: Public Records

Agents Affiliated with this Home

  • Brad Kesner

    Landlord's Agent in 2013

    Brad Kesner

    Wilshire Advisory Group, Inc

    (310) 202-9008

    4 in this area

    33 Total Sales

    Brad Kesner
    Section Image
  • Frank Langen

    Tenant's Agent in 2013

    Frank Langen

    DPP

    (310) 963-3891

    36 in this area

    49 Total Sales

    Frank Langen
    Section Image
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Map

Source: The MLS

MLS Number: 13-648459

The MLS

APN: 4409-005-010

California Los Angeles County Pacific Palisades 90272

1012 Rivas Canyon, Pacific Palisades, CA

This home is located at 1012 Rivas Canyon, Pacific Palisades, CA 90272 since 30 January 2013 and is currently priced at $6,622,406. This property was built in 1957. 1012 Rivas Canyon is a home located in Los Angeles County with nearby schools including Palisades Charter Elementary, Canyon Charter Elementary, and Paul Revere Charter Middle School.

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