NOT LISTED FOR SALE

1390 Avenida de Cortez Pacific Palisades, CA 90272

Estimated Value: $1,671,000 - $2,536,859

3 Beds
2 Baths
2,097 Sq Ft
$992/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $2,730,000 $1,302 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $13,578/month

8 Days on Market

Highlights

  • Heated In Ground Pool
  • Contemporary Architecture
  • Recreation Room
  • Mountain View
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of May 2024

Elegantly refreshed and exquisitely reimagined with Hive LA, this perfect Highlands hideaway is truly home as art. A thoughtful and extensive years-long transformation has elevated this 70's home to a new level of architectural significance. An emphasis was placed in showcasing a serene indoor/outdoor lifestyle, embracing the stunning surrounding SM mountains, with the addition of a new pool. Textures and patterns and layered design shine throughout via new French Oak floors, top-of-the-line lighting, elegant marbles, sumptuous fabrics, and striking metals. Modernized with new electrical and plumbing and Tesla/EV charging hookups. A complete lifestyle of its own, this corner property is located in The Santa Ynez Club and includes access to all the upscale features of the community. A divine Palisades experience awaits.

Last Agent to Sell the Property

Robin Walpert

Sotheby's International Realty License #01237116 Listed on: 04/01/2024

Sotheby's International Realty

Co-Listed By

Jeffrey Young

Sotheby's International Realty License #00977617

Last Buyer's Agent

Jami Arami

Compass License #01217908

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,791

Year Built

  • Built in 1973

Lot Details

  • 6,590 Sq Ft Lot
  • Property is zoned LAR1

HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,097 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Entryway
  • Living Room with Fireplace
  • Recreation Room
  • Wood Flooring
  • Mountain Views
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Spa

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4431-004-006

Community Details

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,791

Year Built

Built in 1973

Lot Details

0

HOA Fees

$432 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2097
  • Lot Acreage: 0.1513
  • Stories: 1
  • Year Built: 1973
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 3
  • 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: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Barbeque, Dishwasher, Dryer, Freezer, Garbage Disposal, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1378.16

Exterior Features

  • Other Structures: Other
  • Pool Description: In Ground, Heated
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Direct Entrance, Garage - 2 Car, Attached, Private
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • HOA Fees: 166.00
  • HOA Fees: 266.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4431-004-006
  • Lot Size Area: 6590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
May 22, 2024
Sold by
Arami Ramin and Arami Jami
Bought by
Ramin Arami & Jami Caterina Arami 2005 Trust and Arami
Seller's Agent
Robin Walpert
Sotheby's International Realty
Buyer's Agent
Jami Arami
Compass
List Price
$2,890,000
Sold Price
$2,730,000
Premium/Discount to List
-$160,000
-5.54%
Views
40
Current Estimated Value
$2,079,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$650,714
Avg. Annual Appreciation
-19.71%
Original Mortgage
$1,774,500
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2024
Closed on
May 14, 2024
Sold by
Arami Ramin and Arami Jami
Bought by
Arami Ramin and Arami Jami
Seller's Agent
Robin Walpert
Sotheby's International Realty
Buyer's Agent
Jami Arami
Compass
List Price
$2,890,000
Sold Price
$2,730,000
Premium/Discount to List
-$160,000
-5.54%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,774,500
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2019
Closed on
Feb 12, 2020
Sold by
Gabay Yossi and Sandor Fischi Living Trust
Bought by
Abbott Ryan Benjamin and Abbott Frederick Michael
Seller's Agent
Dan Urbach
Compass
Buyer's Agent
Gaby Martinez
Keller Williams Realty
List Price
$1,700,000
Sold Price
$1,665,000
Premium/Discount to List
-$35,000
-2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.34%
Original Mortgage
$1,332,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2019
Closed on
Feb 11, 2020
Sold by
Abbott Krystle Marie
Bought by
Abbott Ryan
Seller's Agent
Dan Urbach
Compass
Buyer's Agent
Gaby Martinez
Keller Williams Realty
List Price
$1,700,000
Sold Price
$1,665,000
Premium/Discount to List
-$35,000
-2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,332,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2016
Sold by
Fischl Sandor and Sandor Fischl
Bought by
Fischl Sandor and The Sandor Fischl Living Trust

Purchase Details

Closed on
Nov 4, 2014
Sold by
Fischl Sandor
Bought by
Fischl Sandor and Sandor Fischl

Purchase Details

Closed on
Jan 27, 2011
Sold by
Fischl Sandor and Fischl Katalin
Bought by
Fischl Sandor and Fischl Katalin

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
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2006
Sold by
Knight Ted and Estate Of Dorothy C Knight
Bought by
Fischl Sandor and Fischl Katalin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2000
Sold by
Israel Mark and Trumbo Maria
Bought by
Knight Dorothy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
7.87%

Purchase Details

Closed on
Nov 6, 1997
Sold by
Menon Bhaskar
Bought by
Israel Mark and Trumbo Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7.16%
Mortgage Type
Credit Line Revolving
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
Ramin Arami & Jami Caterina Arami 2005 Trust -- Lawyers Title Company
Arami Ramin $2,730,000 Lawyers Title Company
Abbott Ryan Benjamin $1,665,000 Usa National Title Company
Abbott Frederick -- Usa National Title Company
Abbott Ryan -- Usa National Title Company
Fischl Sandor -- None Available
Fischl Sandor -- None Available
Fischl Sandor -- Fidelity National Title
Fischl Sandor -- California Title Company
Knight Dorothy C $670,000 Equity Title
Israel Mark $530,000 Guardian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ar Ramin $1,790,500
Closed Arami Ramin $1,774,500
Previous Owner Abbott Ryan Benjamin $1,332,000
Previous Owner Fischl Sandor $200,000
Previous Owner Fischl Sandor $300,000
Previous Owner Knight Dorothy C $541,000
Previous Owner Knight Dorothy C $540,000
Previous Owner Knight Dorothy C $536,000
Previous Owner Israel Mark $50,000
Previous Owner Israel Mark $428,000
Previous Owner Israel Mark $53,000
Previous Owner Israel Mark $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $2,730,000 -5.5% $1,302 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $2,890,000 +73.6% $1,378 / Sq Ft
02/28/2020 02/28/20 Sold $1,665,000 -2.1% $794 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
11/08/2019 11/08/19 For Sale $1,700,000 0.0% $811 / Sq Ft
07/21/2018 07/21/18 Rented $6,700 -1.5% --
06/10/2018 06/10/18 For Rent $6,800 0.0% --
05/23/2018 05/23/18 Off Market $6,800 -- --
05/17/2018 05/17/18 For Rent $6,800 0.0% --
05/07/2018 05/07/18 Off Market $6,800 -- --
05/05/2018 05/05/18 For Rent $6,800 0.0% --
04/25/2018 04/25/18 Off Market $6,800 -- --
04/22/2018 04/22/18 For Rent $6,800 +29.5% --
01/13/2015 01/13/15 Rented $5,250 -19.2% --
01/13/2015 01/13/15 Under Contract -- -- --
10/09/2014 10/09/14 For Rent $6,500 -- --
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 $21,791 $2,784,600 $2,451,162 $333,438
2024 $21,791 $1,785,213 $1,072,201 $713,012
2023 $21,370 $1,750,210 $1,051,178 $699,032
2022 $20,378 $1,715,893 $1,030,567 $685,326
2021 $20,132 $1,682,249 $1,010,360 $671,889
2020 $20,542 $1,674,840 $1,224,000 $450,840
2019 $8,446 $688,621 $140,530 $548,091
2018 $8,340 $675,120 $137,775 $537,345
2016 $7,974 $648,906 $132,426 $516,480
2015 $7,859 $639,159 $130,437 $508,722
2014 $7,891 $626,639 $127,882 $498,757
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-374222

The MLS

APN: 4431-004-006