NOT LISTED FOR SALE

1132 Tellem Dr Pacific Palisades, CA 90272

Estimated Value: $2,468,000 - $3,797,704

4 Beds
4.5 Baths
3,961 Sq Ft
$822/Sq Ft Est. Value

Highlights

  • Lap Pool
  • Panoramic View
  • Two Way Fireplace
  • Gated Parking
  • 24,141 Sq Ft lot
  • Wood Flooring

About This Home

As of June 2020

Set behind private gates, this luxurious custom home offers explosive 260-degree ocean, mountain & city views from Downtown Los Angeles to Santa Monica Pier, Catalina Island and the Santa Monica Mountains. French doors from the living room, family room and library open to a vast outdoor patio with breathtaking scenery. Intuitive open floor plan invites extravagant entertaining as well as comfortable family living. The four large bedrooms each contain a private bathroom. The stately master suite overlooks the city and includes large master bath with elegant spa tub and fabulous dressing room. This incredible residence offers a huge open kitchen, large formal dining room, expansive swimming pool, electric car charging station, and much more. Centrally located, close to hiking trails, beaches, schools, and just a short distance to the newly developed Palisades Village. Available fully furnished, partially furnished or unfurnished.

Last Agent to Rent the Property

Jahan Shahryar

The Agency License #02085240 Listed on: 02/27/2020

The Agency

Last Renter's Agent

Laurie Hudson

Berkshire Hathaway HomeServices California Properties License #00604603

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 24,141 Sq Ft Lot
  • Property is zoned LARE15

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 3,961 Sq Ft Home
  • 1-Story Property
  • Two Way Fireplace
  • Dining Room
  • Wood Flooring
  • Panoramic Views
  • Dishwasher
  • Laundry in Garage

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Garage
  • Gated Parking

Pool

  • Lap Pool
  • In Ground Pool

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Security Deposit $45,000
  • Tenant pays for electricity
  • Negotiable Lease Term
  • Assessor Parcel Number 4420-021-020

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0.55 Acres

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Lease Option: 1
  • Security Deposit: 45000
  • Tenant Pays: Electricity

Listing Details

  • Property Type: Residential Lease
  • Style: Mediterranean
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: Negotiable
  • Living Area: 3961
  • Stories: 1
  • Year Built: 1971
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Two Way
  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher
  • Price Per S Q F T: 5.04

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Lap Pool
  • Pool: Yes
  • View: Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Amenities: Gated Parking
  • Pet Rules: Call

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4420-021-020
  • Geocode Override: No
  • Lot Size Area: 24141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2020
Sold by
Shahryar Hafizah
Bought by
Shahryar Hafizah
Current Estimated Value
$3,257,568

Purchase Details

Closed on
Nov 27, 2019
Sold by
Shahryar Hafizah and Bypass Trust Established By Th
Bought by
Shahryar Hafizah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,652,785
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,604,783

Purchase Details

Closed on
Jun 15, 2012
Sold by
Shahryar Hafizah and Ishaq M Shahryar Trust
Bought by
Shahryar Hafizah and Ishaq M Shahryar Trust

Purchase Details

Closed on
Dec 30, 1995
Sold by
Shahryar Ishaq M and Shahryar Hussein
Bought by
Shahryar Ishaq M and The Ishaq M Shahryar Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shahryar Hafizah -- None Available
Shahryar Hafizah -- Progressive Title Company
Shahryar Hafizah -- None Available
Shahryar Ishaq M -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shahryar Hafizah $1,800,000
Previous Owner Shahryar Ishaq M $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2020 06/15/20 Rented $30,000 +50.4% --
03/12/2020 03/12/20 Price Changed $19,950 -11.3% $5 / Sq Ft
02/27/2020 02/27/20 For Rent $22,500 +40.6% --
07/07/2016 07/07/16 Rented $16,000 -20.0% --
05/26/2016 05/26/16 For Rent $20,000 +48.1% --
08/26/2013 08/26/13 Rented $13,500 -32.5% --
08/26/2013 08/26/13 Under Contract -- -- --
06/01/2013 06/01/13 For Rent $20,000 -- --
Source: The MLS

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 $18,048 $1,130,499 $503,727 $626,772
2024 $18,048 $1,436,644 $617,312 $819,332
2023 $17,710 $1,408,475 $605,208 $803,267
2022 $16,907 $1,380,859 $593,342 $787,517
2021 $16,690 $1,353,784 $581,708 $772,076
2020 $16,856 $4,000,000 $3,360,000 $640,000
2019 $16,119 $1,313,632 $564,455 $749,177
2018 $15,790 $1,287,876 $553,388 $734,488
2016 $15,081 $1,237,868 $531,900 $705,968
2015 $14,861 $1,219,275 $523,911 $695,364
2014 $14,916 $1,195,392 $513,649 $681,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-558478

The MLS

APN: 4420-021-020

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