NOT LISTED FOR SALE

1075 Palisair Place Pacific Palisades, CA 90272

Estimated Value: $2,704,000 - $4,680,489

3 Beds
2 Baths
2,298 Sq Ft
$1,563/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $4,500,000 $1,958 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $24,526/month

13 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Covered patio or porch
  • 0.42 Acre Lot
  • Lawn
  • Fenced Yard

About This Home

As of December 2022

Featuring commanding and panoramic ocean views, this charming California Ranch style home on a large 18,463 square foot lot in Pacific Palisades is for sale for the first time in 52 years! Located on a quiet cul-de-sac in the coveted Palisair ocean view community, this 3-bedroom home offers a beautifully updated and well-appointed chef's kitchen plus living room with fireplace, family room and primary bedroom suite that all open to the lush back yard. Move right in and enjoy the tranquility or capture the remarkable opportunity to build your dream estate by utilizing the currently undeveloped portion of the lot as well. Near beautiful hiking trails, Palisades Village, award winning schools, boutique shopping, restaurants, Erewhon and the beach, this special property stands ready for a new generation to create their own memories. Trust Sale.

Last Agent to Sell the Property

Rachelle Rosten

Douglas Elliman License #01255977 Listed on: 12/02/2022

Douglas Elliman

Co-Listed By

Paul Stukin

Christie's International Real Estate SoCal License #01449014

Last Buyer's Agent

James Harris

Carolwood Estates License #01909801

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,513

Year Built

  • Built in 1955

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 89x212
  • Cul-De-Sac
  • Fenced Yard
  • Lawn
  • Back Yard
  • Property is zoned LARE15

HOA Fees

  • $8 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Canyon
  • Mountain

Interior Spaces

  • 2,298 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Oven or Range
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Covered patio or porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4420-006-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,513

Year Built

Built in 1955

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Featuring commanding and panoramic ocean views, this charming California Ranch style home on a large 18,463 square foot lot in Pacific Palisades is for sale for the first time in 52 years! Located on a quiet cul-de-sac in the coveted Palisair ocean view community, this 3-bedroom home offers a beautifully updated and well-appointed chef's kitchen plus living room with fireplace, family room and primary bedroom suite that all open to the lush back yard. Move right in and enjoy the tranquility or capture the remarkable opportunity to build your dream estate by utilizing the currently undeveloped portion of the lot as well. Near beautiful hiking trails, Palisades Village, award winning schools, boutique shopping, restaurants, Erewhon and the beach, this special property stands ready for a new generation to create their own memories. Trust Sale.
  • Living Area: 2298
  • Lot Acreage: 0.4238
  • Lot Dimensions: 89x212
  • Probate: No
  • Stories: 1
  • Year Built: 1955
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood, Carpet, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1414.27

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Canyon, Catalina, Coastline, Ocean, Mountains, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Attached, Driveway
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 100.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4420-006-017
  • Lot Description: Back Yard, Fenced Yard, Lawn, Yard
  • Lot Location: Cul-De-Sac
  • Lot Size Area: 18463

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Dec 13, 2022
Sold by
Sheila Shapiro Goldman Trust
Bought by
1075 Palisair Pl Llc
Seller's Agent
Rachelle Rosten
Douglas Elliman
Buyer's Agent
James Harris
Carolwood Estates
List Price
$3,250,000
Sold Price
$4,500,000
Premium/Discount to List
$1,250,000
38.46%
Views
24
Current Estimated Value
$3,591,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$908,504
Avg. Annual Appreciation
-8.40%

Purchase Details

Closed on
Jul 28, 2005
Sold by
Goldman Sheila S
Bought by
Goldman Sheila Shapiro and Sheila Shapiro Goldman Trust
Source: Public Records

Range of Values:

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Average Value
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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
1075 Palisair Pl Llc $4,500,000 Fidelity National Title
Goldman Sheila Shapiro -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2022 12/20/22 Sold $4,500,000 +38.5% $1,958 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $3,250,000 -- $1,414 / Sq Ft
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
2024 $55,513 $4,590,000 $3,672,000 $918,000
2023 $54,424 $4,500,000 $3,600,000 $900,000
2022 $2,575 $189,392 $111,099 $78,293
2021 $2,529 $185,679 $108,921 $76,758
2019 $2,460 $180,174 $105,692 $74,482
2018 $2,361 $176,642 $103,620 $73,022
2016 $2,224 $169,786 $99,598 $70,188
2015 $2,194 $167,236 $98,102 $69,134
2014 $2,217 $163,961 $96,181 $67,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-222303

The MLS

APN: 4420-006-017