NOT LISTED FOR SALE

1160 Monument St Pacific Palisades, CA 90272

Estimated Value: $2,516,000 - $9,444,437

7 Beds
9 Baths
6,400 Sq Ft
$934/Sq Ft Est. Value

Highlights

  • Ocean View
  • New Construction
  • Open Floorplan
  • Home Theater
  • Heated In Ground Pool
  • Craftsman Architecture

About This Home

As of April 2024

Welcome to this very unique, rare, gated beautiful newer construction ultra luxury warm contemporary Pacific Palisades Single Family Home. High end construction just completed in spring 2022, it is located in the highly sought after Alphabet Streets. Short walking distance to the village, and also located on a family friendly, quiet, wide, bright sunny street. Enjoy close proximity to great dining, shopping, hiking and the beach. Upon entering this modern transitional 7 bedroom 9 bathroom smart-home, you will be greeted by a spacious living area and dining room w/fireplace leading to large well apportioned kitchen and breakfast area that includes an additional family room, also with its own fireplace. Look out onto to the backyard that provides a seamless indoor/outdoor experience, with retractable sliding doors for an outdoor feel. The open kitchen is beautifully designed and features deco lighting, highest quality Wolf appliances, custom wooden cabinets and an oversized Wolf refrigerator/freezer and professional 8 burner range. There is a large walk-in pantry, a wine room and plenty of storage. Also on the first floor are two large bedrooms each with an ensuite bathroom as well as a beautiful powder room. The second floor features three well sized bedrooms each with ensuite bathrooms, and a separate large primary bedroom suite with french doors that open to a balcony overlooking the beautiful backyard. The primary suite also features separate his and hers walk-in closets and a beautiful bath/spa. Conveniently located on the second level you also have one of two laundry rooms and a separate seating area. The basement offers a beautiful entertainment space with a large bar area with interior white stone wall and additional wine closet. Entertain guests in the open space and plan a movie night in the large beautifully designed high end home theater. Also included in the downstairs level are two additional bedrooms plus a dedicated additional laundry room and powder room. No expense was spared in this tastefully designed custom home that includes an elevator leads to all four levels, including the large open rooftop where you can fully soak in the California lifestyle with both mountain and ocean views. The beautiful and private backyard invites you to take a dip in the edgeless saltwater pool or enjoy the spa and the outdoor kitchen. Private two car garage with driveway that will accommodate an additional 4 cars, and ample street parking. Great for families looking for privacy, space, and accessibility all at once, and located in the highly desirable beautiful Pacific Palisades! This home is truly one of a kind for those who want privacy and luxury alongside walkability and access to the best of everything the palisades has to offer. Available to view NOW and move in asap!

Last Agent to Rent the Property

Sophia Abikzer

Keller Williams Studio City License #01969054 Listed on: 03/31/2024

Keller Williams Studio City

Last Renter's Agent

Meghan Rooney

Nest Seekers License #02173144

Nest Seekers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90,485

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 6,499 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Drip System Landscaping
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Side by Side Parking

Property Views

  • Ocean
  • City Lights
  • Hills
  • Pool

Home Design

  • Craftsman Architecture

Interior Spaces

  • 6,400 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Skylights in Kitchen
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Storage
  • Basement
  • Sump Pump

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Double Shower
  • Steam Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Alarm System
  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Central Water Heater

Listing and Financial Details

  • Security Deposit $80,000
  • Tenant pays for water, trash collection, special, pool service, gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 4423-002-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,485

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Rental Info

  • Credit Report Required: Yes
  • Lease Option: 1
  • Security Deposit: 80000
  • Tenant Pays: Water, Trash Collection, Special, Pool Service, Gardener

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Single Family Or Apt: Single Family
  • Levels: Three Or More
  • Street Number Display: Yes
  • Entry Location: Elevator
  • Lease Terms: 1+Year
  • Living Area: 6400
  • Lot Acreage: 0.1492
  • Lot Dimensions: 50x130
  • Planned Urban Dev: 0
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2022
  • Number Of Photos: 52
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Elevator, Storage Space, Sump Pump, Open Floor Plan
  • Fireplace Rooms: Family Room, Dining, Master Bedroom
  • Flooring: Hardwood, Stone Tile
  • Appliances: Built-Ins
  • Bedrooms: 7
  • Fireplaces: 3
  • Full Bathroom: 7
  • Half Bathroom: 2
  • Bedroom Features: WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Steam Shower
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: In Kitchen, Kitchen Island, Living Room, Formal Dining Rm, Breakfast Area, Breakfast Counter / Bar
  • Kitchen Features: Pantry, Skylight(s), Open to Family Room, Island, Counter Top
  • Laundry: Room, On Upper Level
  • Total Bathrooms: 9.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Ceiling Fan, Dishwasher, Microwave, Intercom
  • Fireplace: Yes
  • Price Per S Q F T: 6.17

Exterior Features

  • Pool Description: Heated, In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: City, Water, Ocean, Hills, City Lights, Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Side By Side, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Smoke Detector, Prewired for alarm system, Fire Sprinklers, Carbon Monoxide Detector(s)

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Sprinklers: Drip System
  • Assessor Parcel Number: 4423-002-013
  • Lot Size Area: 6499

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2020
Sold by
1160 Monument Llc
Bought by
Bellsan Investments Llc
Current Estimated Value
$5,980,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
2.9%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Jun 24, 2020
Sold by
Mevorakh Barak
Bought by
1160 Monument Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
2.9%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Mar 6, 2018
Sold by
Mevorakh Naama
Bought by
Mevorakh Barak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,375,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 13, 2018
Sold by
Lavia William V
Bought by
Mevorakh Barak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,375,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 20, 2015
Sold by
Borland William Lynn
Bought by
Lavia William and La Via Anna Charlotta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,828,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 4, 2012
Sold by
Borland William Lynn and Borland Vicki Ann
Bought by
Borland William Lynn and Borland Vicki Ann

Purchase Details

Closed on
Dec 1, 2011
Sold by
Borland William Lynn and Borland Vicki Ann
Bought by
Borland William Lynn and Borland Vicki Ann
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bellsan Investments Llc $3,150,000 Fidelity National Title Co
1160 Monument Llc -- Fidelity National Title
Mevorakh Barak -- Fidelity Sherman Oaks
Mevorakh Barak $2,750,000 Fidelity National Title Comp
Lavia William $2,285,000 First American Title Company
Borland William Lynn -- None Available
Borland William Lynn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bellsan Investments Llc $3,500,000
Previous Owner Mevorakh Barak $1,375,000
Previous Owner Lavia William $1,828,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2024 04/15/24 Rented $39,000 -1.3% --
03/31/2024 03/31/24 For Rent $39,500 +3.9% --
08/17/2023 08/17/23 Rented $38,000 0.0% --
07/23/2023 07/23/23 For Rent $38,000 +8.6% --
07/14/2022 07/14/22 Rented $35,000 -12.3% --
06/27/2022 06/27/22 For Rent $39,900 -- --
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 $90,485 $3,724,840 $3,724,840 --
2024 $90,485 $7,490,880 $5,618,160 $1,872,720
2023 $88,391 $7,344,000 $5,508,000 $1,836,000
2022 $37,754 $3,213,000 $3,162,000 $51,000
2021 $37,309 $3,150,000 $3,100,000 $50,000
2019 $33,226 $2,805,000 $2,244,000 $561,000
2018 $29,095 $2,413,565 $1,930,853 $482,712
2016 $35,689 $2,319,846 $1,855,877 $463,969
2015 $7,572 $625,317 $551,761 $73,556
2014 -- $613,069 $540,953 $72,116
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-374709

The MLS

APN: 4423-002-013