NOT LISTED FOR SALE

1416 Lachman Ln Pacific Palisades, CA 90272

Estimated Value: $5,906,000 - $9,346,718

5 Beds
5 Baths
6,149 Sq Ft
$1,214/Sq Ft Est. Value

Last Sold May 09, 2017

Last sale price $7,450,000 $1,212 Per Sq Ft

Current estimated payment $49,248/month

10 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Contemporary Architecture
  • Wine Cellar
  • 21,511 Sq Ft lot
  • Family Room with Fireplace

About This Home

As of May 2017

Located in the Prestigious Pacific Palisades Upper Marquez Knolls. This Contemporary Modern home is offers City, Mountain, Catalina Island, Santa Monica Bay, & picturesque ocean views. Just a short distance from Kobe Bryant's once owned estate! Grand Entry Foyer opens into an exquisite Entertaining room w/large sliding glass doors looking out onto the backyard & infinity pool w/views of the whole coast. 2 Master Suites w/his&her walk in closets, his&her sinks, views from your large soaking tub. Private Wine Cellar, maid's quarters, gourmet kitchen w/stainless appliances & custom cabinet, fabulous bar & sitting room to entertain guest, maid's room, library, & formal dining room! Located short distance from The Getty Villa, Annenberg Community Beach House, Riviera Country Club, Santa Monica 3rd St.Promenade & Temescal Canyon Park w/hiking trails to bring you back to nature. This property has so much to offer to you & your family. Become the next owner of this life changing Estate!

Last Agent to Sell the Property

Bryan Miyamoto

Keller Williams Realty Los Feliz License #01346587 Listed on: 03/01/2017

Keller Williams Realty Los Feliz

Last Buyer's Agent

Bryan Miyamoto

Keller Williams Realty Los Feliz License #01346587 Listed on: 03/01/2017

Keller Williams Realty Los Feliz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $102,973

Year Built

  • Built in 2003

Lot Details

  • 0.49 Acre Lot
  • Property is zoned LARE15

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Canyon
  • Mountain
  • Hills
  • Pool

Home Design

  • Contemporary Architecture

Interior Spaces

  • 6,149 Sq Ft Home
  • Bar
  • Wine Cellar
  • Family Room with Fireplace
  • Dining Room
  • Home Office
  • Recreation Room
  • Wood Flooring
  • Alarm System

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4420-029-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$102,973

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 6149
  • Year Built: 2003
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1300.86

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Canyon, City, City Lights, Coastline, Hills, Mountains, Ocean, Panoramic, Pool
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4420-029-002
  • Geocode Override: No
  • Lot Size Area: 21511

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
Apr 28, 2017
Sold by
8981 Inc
Bought by
Davoodi Hooman and Dsd Trust
Seller's Agent
Bryan Miyamoto
Keller Williams Realty Los Feliz
Buyer's Agent
Bryan Miyamoto
Keller Williams Realty Los Feliz
List Price
$7,999,000
Sold Price
$7,450,000
Premium/Discount to List
-$549,000
-6.86%
Current Estimated Value
$7,463,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,573
Avg. Annual Appreciation
1.18%
Original Mortgage
$5,000,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2017
Closed on
Mar 30, 2017
Sold by
Sadri Samira
Bought by
Davoodi Hooman
Seller's Agent
Bryan Miyamoto
Keller Williams Realty Los Feliz
Buyer's Agent
Bryan Miyamoto
Keller Williams Realty Los Feliz
List Price
$7,999,000
Sold Price
$7,450,000
Premium/Discount to List
-$549,000
-6.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2002
Sold by
8981 Inc
Bought by
Entertainment Alia Inc

Purchase Details

Closed on
Jun 19, 2002
Sold by
Cosuco Inc
Bought by
Entertainment Alia

Purchase Details

Closed on
May 3, 2002
Sold by
8981 Inc
Bought by
Cosuco Inc

Purchase Details

Closed on
Sep 25, 2000
Sold by
Cosuco Inc
Bought by
8981 Inc

Purchase Details

Closed on
May 25, 2000
Sold by
Nemo Gina L Co Tr Henry Nemo Trust
Bought by
8981 Inc

Purchase Details

Closed on
Apr 18, 1994
Sold by
Nemo Henry
Bought by
Nemo Gina Lyn and Nemo Dori Kim
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
Davoodi Hooman $7,450,000 Fidelity Sherman Oaks
Davoodi Hooman -- Fidelity National Title Co
Entertainment Alia Inc -- Chicago Title
Entertainment Alia -- --
Cosuco Inc -- --
8981 Inc $1,700,000 Stewart Title
8981 Inc -- Stewart Title
Nemo Gina Lyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dsd Trust $1,500,000
Previous Owner Davoodi Hooman $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2017 05/09/17 Sold $7,450,000 -6.9% $1,212 / Sq Ft
03/11/2017 03/11/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $7,999,000 -- $1,301 / 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 $102,973 $7,829,478 $3,215,993 $4,613,485
2024 $102,973 $8,503,628 $3,503,260 $5,000,368
2023 $100,952 $8,336,891 $3,434,569 $4,902,322
2022 $96,216 $8,173,424 $3,367,225 $4,806,199
2021 $95,075 $8,013,161 $3,301,201 $4,711,960
2019 $91,915 $7,750,979 $3,203,287 $4,547,692
2018 $91,536 $7,599,000 $3,140,478 $4,458,522
2016 $42,057 $3,482,035 $2,163,924 $1,318,111
2015 $41,438 $3,429,732 $2,131,420 $1,298,312
2014 $41,555 $3,362,549 $2,089,669 $1,272,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-206292

The MLS

APN: 4420-029-002