NOT LISTED FOR SALE

15975 Alcima Ave Pacific Palisades, CA 90272

Estimated Value: $2,896,000 - $13,364,429

7 Beds
12 Baths
11,700 Sq Ft
$695/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $14,500,000 $1,239 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $58,227/month

44 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Sauna
  • Wine Cellar
  • Cabana
  • Gated Parking

About This Home

As of May 2024

This home is located at 15975 Alcima Ave, Pacific Palisades, CA 90272 since 17 January 2024 and is currently estimated at $8,130,215, approximately $694 per square foot. This property was built in 2022. 15975 Alcima Ave is a home located in Los Angeles County with nearby schools including Marquez Charter School, Palisades Charter Elementary, and Paul Revere Charter Middle School.

Last Agent to Sell the Property

Cindy Ambuehl

Christie's International Real Estate SoCal License #01821934 Listed on: 01/17/2024

Last Buyer's Agent

Cindy Ambuehl

Christie's International Real Estate SoCal License #01821934 Listed on: 01/17/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $178,917

Year Built

  • Built in 2022

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 110x290
  • Property is zoned LARE15

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Orchard Views

Home Design

  • Contemporary Architecture

Interior Spaces

  • 11,700 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Theater
  • Home Office
  • Sauna
  • Home Gym
  • Wood Flooring
  • Alarm System
  • Basement

Kitchen

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

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • Private Parking
  • Driveway
  • Gated Parking

Pool

  • Cabana
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Pool Cover

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4420-005-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$178,917

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 11700
  • Lot Acreage: 0.7621
  • Lot Dimensions: 110x290
  • Stories: 3
  • Year Built: 2022
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Fireplace Rooms: Dining, Living Room, Master Bedroom, Patio, Family Room
  • Flooring: Hardwood
  • Bedrooms: 7
  • Full Bathroom: 8
  • Half Bathroom: 4
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room, Inside
  • Total Bathrooms: 12.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Range/Oven, Barbeque, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Microwave, Refrigerator, Washer
  • Price Per S Q F T: 1367.44

Exterior Features

  • Other Structures: None
  • Pool Description: Heated, In Ground, Pool Cover, Private
  • Pool: Yes
  • Spa: Heated, In Ground, Private
  • Spa Yn: Yes
  • View: Catalina, Coastline, Ocean, Panoramic, Orchard/Grove
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 4
  • Parking Garage: Driveway, Garage - 4+ Car, Gated, Private
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4420-005-001
  • Lot Size Area: 33196

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
May 2, 2024
Sold by
Partners Cap Sol Reit I Llc
Bought by
Super6 Llc
Seller's Agent
Cindy Ambuehl
Christie's International Real Estate SoCal
Buyer's Agent
Cindy Ambuehl
Christie's International Real Estate SoCal
List Price
$15,999,000
Sold Price
$14,500,000
Premium/Discount to List
-$1,499,000
-9.37%
Views
162
Current Estimated Value
$8,130,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,369,785
Avg. Annual Appreciation
-34.25%
Original Mortgage
$8,000,000
Outstanding Balance
$7,641,989
Interest Rate
6.36%
Mortgage Type
New Conventional
Estimated Equity
$488,226

Purchase Details

Listed on
Jan 17, 2024
Closed on
Apr 17, 2024
Sold by
Partners Cap Sol Reit I Llc
Bought by
Super6 Llc
Seller's Agent
Cindy Ambuehl
Christie's International Real Estate SoCal
Buyer's Agent
Cindy Ambuehl
Christie's International Real Estate SoCal
List Price
$15,999,000
Sold Price
$14,500,000
Premium/Discount to List
-$1,499,000
-9.37%
Views
162

Purchase Details

Closed on
Dec 21, 2023
Sold by
Law Offices and Witkin Richard G
Bought by
Partners Cap Sol Reit I Llc

Purchase Details

Listed on
Jul 18, 2018
Closed on
Aug 1, 2018
Sold by
Shapley Peter H and Shapley Christopher
Bought by
Palisades Capital Fund 4 Llc
Seller's Agent
Laurie Hudson
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Eric Knight
Pinnacle Estate Properties
List Price
$5,500,000
Sold Price
$5,750,000
Premium/Discount to List
$250,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$4,312,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2018
Sold by
Shapley Peter H and Marian Shapley Trust
Bought by
Shapley Peter H and Shapley Christopher

Purchase Details

Closed on
Aug 17, 1995
Sold by
Shapley Marian
Bought by
Shapley Marian and Shapley Lloyd
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
Super6 Llc $14,400,000 Usa National Title Company
Partners Cap Sol Reit I Llc $14,869,922 Accommodation/Courtesy Recordi
Palisades Capital Fund 4 Llc $5,750,000 California Title Company
Shapley Peter H -- None Available
Shapley Marian -- --
Super6 Llc $14,400,000 Usa National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Super6 Llc $8,000,000
Previous Owner Palisades Capital Fund 4 Llc $2,750,000
Previous Owner Palisades Capital Fund 4 Llc $1,950,000
Previous Owner Palisades Capital Fund 4 Llc $0
Previous Owner Palisades Capital Fund 4 Llc $600,000
Previous Owner Palisades Capital Fund 4 Llc $11,900,000
Previous Owner Palisades Capital Fund 4 Llc $10,700,000
Previous Owner Palisades Capital Fund 4 Llc $9,700,000
Previous Owner Palisades Capital Fund 4 Llc $850,000
Previous Owner Palisades Capital Fund 4 Llc $8,200,000
Previous Owner Palisades Capital Fund 4 Llc $4,312,500
Previous Owner Palisades Capital Fund 4 Llc $4,312,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $14,500,000 -9.4% $1,239 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $15,999,000 +178.2% $1,367 / Sq Ft
09/28/2018 09/28/18 Sold $5,750,000 +4.5% $1,869 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $5,500,000 -- $1,787 / 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 $178,917 $14,688,000 $11,730,000 $2,958,000
2024 $178,917 $14,869,900 $11,900,000 $2,969,900
2023 $74,473 $6,165,159 $4,029,870 $2,135,289
2022 $71,231 $6,044,274 $3,950,853 $2,093,421
2021 $70,139 $5,925,760 $3,873,386 $2,052,374
2019 $68,017 $5,750,000 $3,758,500 $1,991,500
2018 $3,252 $238,916 $126,895 $112,021
2017 $3,189 $234,232 $124,407 $109,825
2016 $3,002 $229,640 $121,968 $107,672
2015 $2,961 $226,191 $120,136 $106,055
2014 $2,992 $221,761 $117,783 $103,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-348185

The MLS

APN: 4420-005-001