NOT LISTED FOR SALE

Estimated Value: $7,917,000 - $10,642,474

5 Beds
7 Baths
7,039 Sq Ft
$1,276/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $10,450,000 $1,485 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $59,917/month

6 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Living Room with Fireplace
  • Guest House
  • 0.65 Acre Lot
  • Wood Flooring

About This Home

As of March 2022

1461 Amalfi Drive...named after one the most romantic places on earth. Boasting a notable Hollywood pedigree, this private and gated estate exudes original charm and modern touches. Built-in 1933 in the Streamline Moderne style, the home is located on the Amalfi rim on an over 28,000 square foot lot with 217 feet of frontage and surrounded by lush landscaping and mature trees. The approximately 7,000-square-foot main house features five ensuite bedrooms, seven bathrooms and retains many of its distinctive original features including a black and white checkered floor in the foyer, crown moldings, fireplaces, pub, and an onyx-clad master bathroom. A generously sized, remodeled kitchen. The offering also includes a separate guest house. With Plans and permits just months away from approval for an approximately 10,800 square foot home by famed Abramson Architects, this property is ready to be developed and or be reimagined by the best architectural scholars. There really isn't a better location to build new or remodel the current beautiful Spanish Abode on one of the premier streets in the Palisades Riviera.

Last Agent to Sell the Property

Ben Bacal

Revel Real Estate License #01437782 Listed on: 02/07/2022

Co-Listed By

Lolita Bagramyan

The Beverly Hills Estates License #01804040

Last Buyer's Agent

Ben Bacal

Revel Real Estate License #01437782 Listed on: 02/07/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $131,282

Year Built

  • Built in 1933

Lot Details

  • 0.65 Acre Lot
  • Property is zoned LARE11

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 7,039 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Wood Flooring
  • Ocean Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 7 Full Bathrooms

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Open Patio
  • Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4425-017-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$131,282

Year Built

Built in 1933

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Advertising Remarks: 1461 Amalfi Drive named after one the most romantic places on earth. It's become an iconic street and a reminder of just how prime this Riviera location is. Beverly Hills and Bel-Air have dominated the highest price per square foot, but now the Pacific Palisades is on top. True ocean breezes with wide streets in a uniquely charming family friendly and beautifully manicured neighborhood. Walk to gorgeous parks, a world class golf course and just minutes from the sand or to the best shopping and entertainment in the world. 1461 Amalfi Drive has approximately 280 feet of frontage on a massive 28,314 square foot lot and is located in the coveted upper rim of the Riviera. With Plans and permits just months away from approval for an approximately 10,800 square foot home by famed Abramson Architects, this property is ready to be developed and or be reimagined by the best architectural scholars.
  • Living Area: 7039
  • Lot Acreage: 0.6483
  • Stories: 2
  • Year Built: 1933
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Den
  • Flooring: Hardwood, Mixed
  • Bedrooms: 5
  • Full Bathroom: 7
  • Half Bathroom: 0
  • 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: 7.00
  • Den: 1
  • Equipment: Refrigerator, Range/Oven, Dishwasher
  • Price Per S Q F T: 1632.33

Exterior Features

  • Other Structures: GuestHouse
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa Yn: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 300.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4425-017-013
  • Lot Size Area: 28238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
Feb 20, 2022
Sold by
Seaboard Capital Llc
Bought by
Schwartz Family Trust
Seller's Agent
Ben Bacal
Revel Real Estate
Buyer's Agent
Ben Bacal
Revel Real Estate
List Price
$11,490,000
Sold Price
$10,450,000
Premium/Discount to List
-$1,040,000
-9.05%
Current Estimated Value
$8,984,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,465,842
Avg. Annual Appreciation
-2.20%
Original Mortgage
$9,525,000
Outstanding Balance
$8,915,333
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$767,458

Purchase Details

Listed on
Jan 16, 2018
Closed on
Feb 13, 2018
Sold by
Johnson Caryn and The Caryn Johnson Revocable Tr
Bought by
Seaboard Capital Llc
Seller's Agent
David Mossler
Douglas Elliman
Buyer's Agent
Dan Urbach
Compass
List Price
$8,795,000
Sold Price
$8,800,000
Premium/Discount to List
$5,000
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%

Purchase Details

Closed on
Oct 8, 2010
Sold by
Johnson Caryn
Bought by
Johnson Caryn
Source: Public Records

Range of Values:

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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
Schwartz Family Trust $10,450,000 Clearmark Title
Seaboard Capital Llc $8,800,000 Fidelity National Title
Johnson Caryn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Family Trust $9,525,000
Previous Owner Johnson Caryn $692,000
Previous Owner Johnson Caryn $4,500,000
Previous Owner Johnson Caryn $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $10,450,000 -9.1% $1,485 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $11,490,000 0.0% $1,632 / Sq Ft
06/17/2020 06/17/20 Rented $17,000 -2.9% --
04/24/2020 04/24/20 For Rent $17,500 +3.0% --
06/04/2018 06/04/18 Rented $16,995 0.0% --
04/11/2018 04/11/18 For Rent $16,995 0.0% --
02/22/2018 02/22/18 Sold $8,800,000 +0.1% $1,250 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $8,795,000 -- $1,249 / 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 $131,282 $7,570,339 $7,570,339 --
2024 $131,282 $10,872,179 $7,421,901 $3,450,278
2023 $128,697 $10,659,000 $7,276,374 $3,382,626
2022 $110,817 $9,435,376 $7,163,060 $2,272,316
2021 $109,501 $9,250,369 $7,022,608 $2,227,761
2019 $106,186 $8,976,000 $6,814,314 $2,161,686
2018 $47,044 $3,881,612 $1,857,840 $2,023,772
2016 $44,980 $3,730,887 $1,785,699 $1,945,188
2015 $44,317 $3,674,847 $1,758,877 $1,915,970
2014 $44,445 $3,602,863 $1,724,424 $1,878,439
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-125453

The MLS

APN: 4425-017-013