NOT LISTED FOR SALE

1119 Monument St Pacific Palisades, CA 90272

Estimated Value: $3,201,000 - $8,056,300

6 Beds
8 Baths
6,802 Sq Ft
$928/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $8,500,000 $1,250 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $43,924/month

Highlights

  • Ocean View
  • Home Theater
  • Rooftop Deck
  • Wine Cellar
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of May 2024

Exquisite traditional estate in Pacific Palisades North Village, 1 block from Palisades Village! This tastefully designed East Coast-inspired property has a fantastic floor plan, with 6 bedrooms, 8 bathrooms, and multiple bonus areas and entertaining spaces throughout the approximately 6800-sqft home. The main floor features an office/library, formal living and dining rooms, a powder room, 1 en-suite guest bedroom, and an extremely spacious chef's kitchen and family room that opens to the backyard. Upstairs are 4 en-suite bedrooms, including the lavish primary suite featuring a fireplace, balcony, large closet and luxurious bathroom with Ann Sacks tile. The lower level is an entertainer's dream, offering a movie theater, huge lounge/game room with a bar and temperature controlled wine room for 200+ bottles, plus a powder room and the 6th en-suite guest bedroom. The outdoor spaces are just as impressive, from the secluded backyard, which offers a heated pool, spa, built-in BBQ, and custom firepit, to the rooftop deck, which is the perfect spot to watch the sunsets over the ocean. Truly a delight, this unique property offers refined design with attention to detail throughout, spectacular amenities, and a premier location just moments from the Village and the other shopping/dining in the Palisades' commercial center, top rated schools, hiking trails and more!

Last Agent to Rent the Property

Juliette Hohnen

Douglas Elliman License #01772623 Listed on: 04/26/2024

Douglas Elliman

Last Renter's Agent

Christine Martin

The Agency License #01823589

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $104,600

Year Built

  • Built in 2018

Lot Details

  • 7,125 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Driveway

Property Views

  • Ocean
  • City
  • Canyon

Home Design

  • Traditional Architecture

Interior Spaces

  • 6,802 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bar
  • Entryway
  • Wine Cellar
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Rooftop Deck
  • Open Patio
  • Outdoor Grill
  • Front Porch

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Security Deposit $70,000
  • Tenant pays for electricity, gas, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4423-001-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$104,600

Year Built

Built in 2018

Lot Details

0

Parking

2

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished Or Unfurnished
  • Security Deposit: 70000
  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Single Family Or Apt: Single Family
  • Levels: Three Or More
  • Street Number Display: Yes
  • Advertising Remarks: Exquisite traditional estate in Pacific Palisades, 1 block from Palisades Village! This tastefully designed East Coast-inspired property has a fantastic floor plan with multiple bonus areas and entertaining spaces. The main floor features an office, formal living and dining rooms, powder room, 1 en-suite bedroom, and spacious chef's kitchen and family room that opens to the backyard. Upstairs are 4 en-suite bedrooms, including the lavish primary suite featuring a fireplace, balcony, large closet and luxurious bathroom. The lower level is an entertainer's dream, offering a theater, lounge/game room with a bar and wine room for 200+ bottles, plus a powder room and the 6th en-suite bedroom. The outdoor spaces are just as impressive, from the secluded backyard, which offers a heated pool, spa, built-in BBQ, and custom firepit, to the rooftop deck with ocean views.
  • Lease Terms: 1+Year
  • Living Area: 6802
  • Lot Acreage: 0.1636
  • Stories: 3
  • Year Built: 2018
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom, Family Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 6
  • Fireplaces: 3
  • Full Bathroom: 6
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Hood Fan, Range/Oven, Refrigerator, Washer, Barbeque
  • Fireplace: Yes
  • Price Per S Q F T: 5.15

Exterior Features

  • Patio: Roof Top Deck, Patio Open, Porch - Front
  • Pool Description: Heated, In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Ocean, Tree Top, City, Canyon
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car, Garage Is Attached
  • Total Parking: 6

Utilities

  • Cooling: Multi/Zone, Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4423-001-041
  • Lot Size Area: 7125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Mar 27, 2023
Sold by
Tolwin Living Trust
Bought by
Palisades Bowl 555 Llc
Seller's Agent
Ryan Jancula
Compass
Buyer's Agent
Juliette Hohnen
Douglas Elliman
List Price
$9,995,000
Sold Price
$8,500,000
Premium/Discount to List
-$1,495,000
-14.96%
Views
94
Current Estimated Value
$6,374,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,125,233
Avg. Annual Appreciation
-11.98%

Purchase Details

Closed on
Jun 19, 2019
Sold by
Monument Foursome L P
Bought by
Tolwin Michael H and Tolwin Marilee G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,290,000
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 24, 2016
Sold by
Cusick Alden John
Bought by
Monument Four Llc

Purchase Details

Closed on
Mar 2, 2016
Sold by
Tolwin Marilee
Bought by
Cusick Alden John and Kabilka Lenka

Purchase Details

Closed on
Feb 29, 2016
Sold by
Monument Four Llc
Bought by
Monument Foursome Lp

Purchase Details

Listed on
Apr 16, 2015
Closed on
Apr 28, 2015
Sold by
Hariri Rafi
Bought by
Tolwin Marilee and Tolwin Michael
Seller's Agent
Brian Bleak
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
David Kelmenson
Compass
List Price
$2,095,000
Sold Price
$2,605,000
Premium/Discount to List
$510,000
24.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
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
Palisades Bowl 555 Llc $8,500,000 Usa National Title
Tolwin Michael H -- None Available
Monument Four Llc -- None Available
Cusick Alden John -- None Available
Monument Foursome Lp -- None Available
Tolwin Marilee $2,605,000 Title365 Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tolwin Living Trust $350,000
Previous Owner Tolwin Michael H $4,290,000
Previous Owner Monument Foursome Lp $3,500,000
Previous Owner Tolwin Marilee $1,476,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2024 05/11/24 Rented $35,000 0.0% --
04/26/2024 04/26/24 For Rent $35,000 0.0% --
03/30/2023 03/30/23 Sold $8,500,000 -15.0% $1,214 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $9,995,000 +283.7% $1,428 / Sq Ft
05/12/2015 05/12/15 Sold $2,605,000 +24.3% $2,069 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $2,095,000 -- $1,664 / 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
2025 $104,600 $2,328,836 $2,328,836 --
2024 $104,600 $8,670,000 $3,512,574 $5,157,426
2023 $70,267 $5,816,273 $2,393,144 $3,423,129
2022 $66,963 $5,702,229 $2,346,220 $3,356,009
2021 $66,229 $5,590,421 $2,300,216 $3,290,205
2020 $66,926 $5,533,099 $2,276,631 $3,256,468
2019 $64,222 $5,424,608 $2,231,992 $3,192,616
2018 $32,747 $2,728,001 $2,188,228 $539,773
2016 $31,707 $2,644,726 $2,115,781 $528,945
2015 $5,583 $452,845 $307,942 $144,903
2014 -- $443,975 $301,910 $142,065
Source: Public Records

Agents Affiliated with this Home

  • Juliette Hohnen

    Landlord's Agent in 2024

    Juliette Hohnen

    Douglas Elliman

    (323) 422-7147

    4 in this area

    156 Total Sales

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  • Christine Martin

    Tenant's Agent in 2024

    Christine Martin

    The Agency

    (424) 230-3700

    4 in this area

    13 Total Sales

    Section Image

  • T

    Buyer Co-Listing Agent in 2024

    Tiffany Martin

    The Agency

    (310) 696-9612

    1 in this area

    6 Total Sales

    Section Image
  • Ryan Jancula

    Seller's Agent in 2023

    Ryan Jancula

    Compass

    (310) 740-9719

    25 in this area

    112 Total Sales

    Section Image
  • Alden Cusick

    Seller Co-Listing Agent in 2023

    Alden Cusick

    Compass

    (310) 502-0952

    2 in this area

    6 Total Sales

    Section Image
  • Brian Bleak

    Seller's Agent in 2015

    Brian Bleak

    Berkshire Hathaway HomeServices California Properties

    (310) 230-3773

    4 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 24-384969

The MLS

APN: 4423-001-041

California Los Angeles County Pacific Palisades 90272

1119 Monument St, Pacific Palisades, CA

This home is located at 1119 Monument St, Pacific Palisades, CA 90272 since 26 April 2024 and is currently priced at $6,313,767. This property was built in 2018. 1119 Monument St is a home located in Los Angeles County with nearby schools including Palisades Charter Elementary, Marquez Charter School, and Paul Revere Charter Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 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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