NOT LISTED FOR SALE

656 Lachman Ln Pacific Palisades, CA 90272

Estimated Value: $2,514,000 - $8,369,398

5 Beds
6 Baths
5,959 Sq Ft
$925/Sq Ft Est. Value

Last Sold December 05, 2019

Last sale price $6,500,000 $1,091 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $44,097/month

87 Days on Market

Highlights

  • White Water Ocean Views
  • Infinity Pool
  • Maid or Guest Quarters
  • Wine Room
  • Primary Bedroom Suite
  • Family Room with Fireplace

About This Home

As of December 2019

Welcome to this impeccable newer construction situated in the highly desired neighborhood of the Pacific Palisades. Built and designed by the powerhouse Developer and Interior Design couple David and Eliana Rokach. This beach chic farmhouse offers sensational ocean views spanning from the tree tops of the Pacific Palisades through Santa Monica, the queens neckless of Palos Verdes and in your face blue ocean. One of the best views that the Palisades has to offer, this new construction home has it all. With incredible attention to design and detail, this home offers the perfect floor plan flowing seamlessly from room to room, not to mention dramatic views from nearly every room. Custom handpicked finishes throughout separate this home and put it in a league of its own. Inside you will experience great ceiling heights, an open layout with a light and bright designer kitchen, multiple outdoor patios to enjoy the beautiful ocean views.

Last Agent to Sell the Property

Santiago Arana

The Agency License #01492489 Listed on: 07/24/2019

The Agency

Last Buyer's Agent

Michael Morabito

Compass License #01782745

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $84,042

Year Built

  • Built in 1953

Lot Details

  • 8,816 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • City Lights

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 5,959 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bar
  • Gas Fireplace
  • Entryway
  • Wine Room
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Maid or Guest Quarters
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Infinity Pool
  • In Ground Spa

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4419-014-009

Community Details

Overview

  • No Home Owners Association
  • Built by David Rokach

Amenities

  • Billiard Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$84,042

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Farm House
  • Street Number Display: Yes
  • Builder Name: David Rokach
  • Living Area: 5959
  • Stories: 3
  • Year Built: 1953
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Gas, Living Room
  • Flooring: Hardwood
  • Appliances: Built-Ins, Oven, Range, Range Hood
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 6
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, Master Retreat, Master Suite, WalkInCloset
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, Dining Area, Family Kitchen, In Kitchen
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1149.52

Exterior Features

  • Other Structures: Other
  • Tennis Court Y/N: No
  • Pool Description: In Ground, Negative Edge/Infinity Pool, Private
  • Pool: Yes
  • Spa: In Ground, Private
  • Spa Yn: Yes
  • View: Catalina, City, City Lights, Coastline, Ocean, Tree Top, White Water
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4419-014-009
  • Geocode Override: No
  • Lot Size Area: 8816

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Goofy Trust and Shapiro Steven
Bought by
Goofy Trust and Binder
Current Estimated Value
$6,774,799

Purchase Details

Listed on
Jul 24, 2019
Closed on
Nov 25, 2019
Sold by
Lachman Partners Llc
Bought by
Shapiro Steven and The Goofy Trust
Seller's Agent
Santiago Arana
The Agency
Buyer's Agent
Michael Morabito
Compass
List Price
$7,495,000
Sold Price
$6,500,000
Premium/Discount to List
-$995,000
-13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.86%
Original Mortgage
$4,875,000
Interest Rate
2.61%

Purchase Details

Closed on
Oct 21, 2015
Sold by
Friedenthal Jane C
Bought by
Lachman Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Interest Rate
3.59%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 18, 2015
Sold by
Je & J S Kerr Llc
Bought by
Kerr John S and Kerr Jane E

Purchase Details

Closed on
Aug 28, 2014
Sold by
Kerr John S
Bought by
J E & J S Kerr Llc

Purchase Details

Closed on
May 29, 2007
Sold by
Friedenthal Jane C and The Friedenthal Family
Bought by
Friedenthal Jane C and The Friedenthal Unified Credit Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Binder Eric -- None Available
Shapiro Steven $6,500,000 Lawyers Title
Lachman Partners Llc $2,075,000 Equity Title Company
Kerr John S -- None Available
J E & J S Kerr Llc -- None Available
Friedenthal Jane C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shapiro Steven $4,875,000
Previous Owner Lachman Partners Llc $3,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2019 12/05/19 Sold $6,500,000 -5.1% $1,091 / Sq Ft
09/23/2019 09/23/19 Price Changed $6,850,000 -8.6% $1,150 / Sq Ft
07/24/2019 07/24/19 For Sale $7,495,000 -- $1,258 / 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 $84,042 $2,772,392 $2,772,392 --
2024 $84,042 $6,969,311 $4,181,587 $2,787,724
2023 $82,386 $6,832,659 $4,099,596 $2,733,063
2022 $78,508 $6,698,686 $4,019,212 $2,679,474
2021 $77,589 $6,567,340 $3,940,404 $2,626,936
2020 $78,414 $6,500,000 $3,900,000 $2,600,000
2019 $25,298 $2,202,005 $1,629,272 $572,733
2018 $26,149 $2,158,829 $1,597,326 $561,503
2016 $3,524 $278,651 $148,481 $130,170
2015 $3,475 $274,466 $146,251 $128,215
2014 $3,496 $269,091 $143,387 $125,704
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-492118

The MLS

APN: 4419-014-009