Seller's Agent in 2025
F. Ron Smith
Compass
(310) 500-3931
41 in this area
399 Total Sales
1047 Chautauqua Blvd Pacific Palisades, CA 90272
0.16
Acre
$11,687,192
Price per Acre
7,073
Sq Ft Lot
About This Lot
As of August 2025Located in the Alphabet Streets, mere blocks from Palisades Village, this 7,073-square-foot parcel offers a premier opportunity to take part in the Palisades' next chapter. Prior to the recent wildfire event, the site included a newly constructed modern residence -- completed in Dec. 2023 -- with 6,402 square feet of refined living, including 7 en suite bedrooms and 9 bathrooms. Delivered with the sale are environmental remediation completion and the previously approved architectural plans (2022) for the former home with highlights including a thoughtfully designed layout with a private elevator, gourmet kitchen with butler's pantry, formal dining room, expansive primary suite, a lower-level retreat with rec room and theater, and an attached two-car garage. The exterior space was designed for resort-style living, complete with a rooftop deck with far-reaching ocean views and a backyard with a pergola-shaped patio, pool, and spa. Located just moments from Palisades Village, with seamless access to the Westside and beyond via Sunset Boulevard and PCH, this exceptional offering presents a significant head start toward crafting a dream residence while contributing to the revitalization of this cherished coastal enclave.
Property Details
Property Type
- Land
Est. Annual Taxes
- $42,723
Lot Details
- 7,073 Sq Ft Lot
- Lot Dimensions are 50x141
- Property is zoned LAR1
Property Views
- Ocean
- Panoramic
- City
- Canyon
- Mountain
Location
- City Lot
Listing and Financial Details
- Assessor Parcel Number 4423-009-016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2025
Closed on
Jul 23, 2025
Sold by
Angela Aman Revocable Trust and Aman Angela
Bought by
Viea Investment Group Llc
Seller's Agent
F. Ron Smith
Compass
Buyer's Agent
Robert Sandefer
The Agency
List Price
$1,898,000
Sold Price
$1,898,000
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46473.53%
Purchase Details
Listed on
Mar 14, 2024
Closed on
Apr 29, 2024
Sold by
Ap Palisades Llc
Bought by
Angela Aman Revocable Trust and Aman
Seller's Agent
Jacqueline Chernov
The Beverly Hills Estates
Buyer's Agent
F. Ron Smith
Compass
List Price
$9,375,000
Sold Price
$8,360,000
Premium/Discount to List
-$1,015,000
-10.83%
Views
49
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-69.46%
Original Mortgage
$5,775,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 5, 2021
Sold by
Shayan Frank and Razi Saghi Shayan
Bought by
Ap Palisades Llc
Purchase Details
Closed on
May 11, 2021
Sold by
Partovi Shahin Shayan
Bought by
Shayan Frank and Razi Saghi Shayan
Purchase Details
Closed on
Mar 18, 2019
Sold by
Partovi Shahin Shayan
Bought by
Partovi Shahin Shayan and Mansor Shayan Survivors Trust
Purchase Details
Closed on
Apr 12, 2005
Sold by
Shayan Mansor and Motevassel Rachelle
Bought by
Shayan Mansor
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,898,000 | Fidelity National Title | |
| Grant Deed | $8,360,000 | Fidelity National Title | |
| Grant Deed | $3,400,000 | Equity Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $5,775,000 | New Conventional | |
| Previous Owner | $3,980,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | Sold | $1,898,000 | 0.0% | $1,401 / Sq Ft |
| 07/17/2025 07/17/25 | Pending | -- | -- | -- |
| 07/08/2025 07/08/25 | For Sale | $1,898,000 | -77.3% | $1,401 / Sq Ft |
| 05/06/2024 05/06/24 | Sold | $8,360,000 | -4.7% | $1,277 / Sq Ft |
| 04/10/2024 04/10/24 | Pending | -- | -- | -- |
| 04/05/2024 04/05/24 | Price Changed | $8,775,000 | -6.4% | $1,340 / Sq Ft |
| 03/14/2024 03/14/24 | For Sale | $9,375,000 | 0.0% | $1,432 / Sq Ft |
| 03/05/2014 03/05/14 | Rented | $4,300 | -4.4% | -- |
| 03/05/2014 03/05/14 | Under Contract | -- | -- | -- |
| 01/27/2014 01/27/14 | For Rent | $4,500 | -- | -- |
Source: The MLS
Tax History Compared to Growth
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 | $42,723 | $8,527,200 | $5,967,000 | $2,560,200 |
| 2024 | $42,723 | $3,537,360 | $2,829,888 | $707,472 |
| 2023 | $41,885 | $3,468,000 | $2,774,400 | $693,600 |
| 2022 | $39,916 | $3,400,000 | $2,720,000 | $680,000 |
| 2021 | $11,603 | $963,860 | $816,840 | $147,020 |
| 2020 | $11,722 | $953,978 | $808,465 | $145,513 |
| 2019 | $11,256 | $935,273 | $792,613 | $142,660 |
| 2018 | $11,176 | $916,935 | $777,072 | $139,863 |
| 2016 | $10,693 | $881,332 | $746,899 | $134,433 |
| 2015 | $10,536 | $868,094 | $735,680 | $132,414 |
| 2014 | $10,575 | $851,091 | $721,270 | $129,821 |
Source: Public Records
Agents Affiliated with this Home
-
F. Ron Smith
-
David Berg
Seller Co-Listing Agent in 2025
David Berg
Compass
(310) 500-3931
41 in this area
388 Total Sales
-
Robert Sandefer
Buyer's Agent in 2025
Robert Sandefer
The Agency
(310) 889-8463
9 in this area
37 Total Sales
-
Jacqueline Chernov
Seller's Agent in 2024
Jacqueline Chernov
The Beverly Hills Estates
(310) 403-7557
59 in this area
107 Total Sales
-
Dori Ollestad
D
Seller's Agent in 2014
Dori Ollestad
Coldwell Banker Realty
(310) 454-1111
1 in this area
2 Total Sales
Map
Source: The MLS
MLS Number: 25562317
APN: 4423-009-016
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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