NOT LISTED FOR SALE

1545 Lachman Ln Pacific Palisades, CA 90272

Estimated Value: $3,626,000 - $10,122,050

6 Beds
8 Baths
10,921 Sq Ft
$629/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $9,945,000 $911 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $47,650/month

7 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom
  • Home Theater
  • 29,463 Sq Ft lot
  • Wood Flooring

About This Home

As of March 2018

Property is being posted on the MLS as a sales comp. Sold Prior to coming on the MLS. Former home of a LA Laker Legend. Beautiful Mediterranean villa with mesmerizing ocean and mountain views. The interior features exquisite craftsmanship and is adorned with mahogany coiffered ceilings, inlaid parquet hardwood floors, immense chandeliers and custom hand railings. This is a perfect home for entertaining. There is a large gourmet kitchen, home theater, sports bar, dance studio, koi pond, tennis court and pebble tech pool. This is an incredible opportunity to enjoy the serenity of life at the very top of Lachman Lane.

Last Agent to Sell the Property

Matthew OKeefe

Compass License #01356816 Listed on: 02/21/2018

Compass

Last Buyer's Agent

Bryan Ochse

License #01451724

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $134,455

Year Built

  • Built in 1992

Lot Details

  • 0.68 Acre Lot
  • Property is zoned LARE40

Parking

  • 3 Car Garage

Property Views

  • Ocean
  • Panoramic
  • Canyon

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 10,921 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Den
  • Alarm System

Kitchen

  • Walk-In Pantry
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 8 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Waterfall Pool Feature

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4420-035-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$134,455

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 10921
  • Probate: No
  • Year Built: 1992
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 6
  • Full Bathroom: 8
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 8.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Price Per S Q F T: 910.63

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, In Ground, Waterfall
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Canyon, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 3 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4420-035-033
  • Geocode Override: No
  • Lot Size Area: 29463

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2021
Sold by
Garo Mardirossian Revocable Trust and Mardirossian Garo
Bought by
Ararat Holding Llc
Current Estimated Value
$6,874,025

Purchase Details

Closed on
Sep 27, 2021
Sold by
Garo Mardirossian Revocable Trust and The Garo Mardirossian Revocabl
Bought by
Sevan Llc

Purchase Details

Listed on
Feb 21, 2018
Closed on
Mar 1, 2018
Sold by
Bl Administrator Llc
Bought by
Mardirossian Garo and Garo Mardirossian Family Revoc
Seller's Agent
Matthew OKeefe
Compass
Buyer's Agent
Bryan Ochse
List Price
$9,945,000
Sold Price
$9,945,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.77%
Original Mortgage
$4,000,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 25, 2016
Sold by
Btm Funding Inc
Bought by
Bl Administrator Llc

Purchase Details

Closed on
Sep 25, 2009
Sold by
Smith Carmen Copple
Bought by
Silva Carmen Copple and Carmen Copple Silva Revocable

Purchase Details

Closed on
Nov 3, 2008
Sold by
Smith David T
Bought by
Smith Carmen Copple

Purchase Details

Closed on
May 15, 2008
Sold by
Ramu Llc
Bought by
Btm Funding Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2004
Sold by
Ramu Llc
Bought by
Ramu Llc

Purchase Details

Closed on
Dec 13, 2002
Sold by
Bryant K Bean and The K Bean Living Trust
Bought by
Ramu Llc

Purchase Details

Closed on
Mar 8, 2000
Sold by
Bryant K Bean and K Bean Living Trust
Bought by
Bryant K Bean and K Bean Living Trust

Purchase Details

Closed on
Jan 28, 1999
Sold by
Bryant K Bean
Bought by
Bryant K Bean and K Bean Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.77%

Purchase Details

Closed on
Jan 14, 1999
Sold by
Parvin N Tahmasebi Amir A and Parvin N Tahmasebi Mahmoudzade
Bought by
Bryant K Bean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.77%
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
Ararat Holding Llc -- None Listed On Document
Garo Mardirossian Revocable Trust -- None Listed On Document
Sevan Llc -- None Listed On Document
Mardirossian Garo $9,945,000 Wfg National Title Company O
Bl Administrator Llc $6,750,000 None Available
Silva Carmen Copple -- None Available
Smith Carmen Copple -- None Available
Smith David T -- None Available
Btm Funding Inc $9,840,000 Stewart Title Insurance Co
Ramu Llc -- First American Title Co
Ramu Llc $1,525,000 First American Title Co
Bryant K Bean -- --
Bryant K Bean -- --
Bryant K Bean -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mardirossian Garo $4,000,000
Previous Owner Btm Funding Inc $2,000,000
Previous Owner Bryant K Bean $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $9,945,000 0.0% $911 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $9,945,000 -- $911 / 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 $134,455 $10,690,528 $5,120,230 $5,570,298
2024 $134,455 $11,093,832 $5,577,593 $5,516,239
2023 $131,818 $10,876,307 $5,468,229 $5,408,078
2022 $125,636 $10,663,047 $5,361,009 $5,302,038
2021 $124,126 $10,453,969 $5,255,892 $5,198,077
2019 $120,377 $10,143,900 $5,100,000 $5,043,900
2018 $110,552 $9,155,520 $6,762,600 $2,392,920
2016 $128,462 $10,704,207 $5,265,077 $5,439,130
2015 $126,561 $10,543,421 $5,185,991 $5,357,430
2014 $126,880 $10,336,891 $5,084,405 $5,252,486
Source: Public Records

Agents Affiliated with this Home

  • Matthew OKeefe

    Seller's Agent in 2018

    Matthew OKeefe

    Compass

    (310) 429-4552

    10 in this area

    52 Total Sales

    Matthew OKeefe
    Section Image

  • B

    Buyer's Agent in 2018

    Bryan Ochse

  • Y

    Buyer's Agent in 2018

    Yulia Spiridonova

See All Agents

Map

Source: The MLS

MLS Number: 18-327036

The MLS

APN: 4420-035-033

California Los Angeles County Pacific Palisades 90272

1545 Lachman Ln, Pacific Palisades, CA

This home is located at 1545 Lachman Ln, Pacific Palisades, CA 90272 since 21 February 2018 and is currently estimated at $6,874,025, approximately $629 per square foot. This property was built in 1992. 1545 Lachman Ln is a home located in Los Angeles County with nearby schools including Marquez Charter School, Palisades Charter Elementary, and Palisades Charter High.

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