NOT LISTED FOR SALE

Estimated Value: $5,041,697 - $5,979,000

4 Beds
5 Baths
5,007 Sq Ft
$1,063/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $4,300,000 $859 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $32,462/month

10 Days on Market

Highlights

  • White Water Ocean Views
  • Cabana
  • All Bedrooms Downstairs
  • Montemalaga Elementary School Rated A+
  • Primary Bedroom Suite
  • Updated Kitchen

About This Home

As of August 2021

Spectacular Panoramic Queen’s Necklace Views from this Phenomenal Custom Tuscan Home built in 2007. It is located in one of the most desirable locations in Malaga Cove, close to the beaches, restaurants, and nightlife. Revel in both the City Lights and the Ocean Sights from the tranquility of your luxurious 5007 Sq Ft Estate, which offers 4 Bedrooms, 5 baths, and many additional rooms including: two Dens, a Bonus Room fitted to be a Home Theater, Fitness Room, Office or Bonus Bedroom. As you enter the home, you will be greeted by a giant cathedral ceiling with views of the ocean as well as the grand spiral staircase connecting all 3 levels. Float to every level in the home in your custom residential elevator, which can access all 3 levels as well. As you descend to the second and main floor, you will be swept away by the views in every room, from the kitchen, to the family room, living room, and dining room. The World-Class Kitchen offers a massive double center island and is equipped with Thermadore Refridgerator, Wolf 6 Burner Stove & Oven, two dishwashers, built-in Espresso Machine, and much more. You will be blown away by the upgraded finishes that include wood and travertine polished floors, Vaulted Ceilings, and custom woodwork and crown molding throughout. Previous owner was a well-known builder and spared no expense on this beautiful property. Don't miss your chance to own this masterpiece of a property.

Last Agent to Sell the Property

Arian Ghadiri

West Shores Realty, Inc. License #02091704 Listed on: 07/19/2021

West Shores Realty, Inc.

Co-Listed By

Amir Al-Khayat

West Shores Realty, Inc. License #01914690

Last Buyer's Agent

Arian Ghadiri

West Shores Realty, Inc. License #02091704 Listed on: 07/19/2021

West Shores Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,899

Year Built

  • Built in 2007

Lot Details

  • 0.33 Acre Lot
  • Landscaped
  • Private Yard
  • Lawn
  • Garden
  • Back Yard
  • Property is zoned PVR1*

Parking

  • 3 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Property Views

  • White Water Ocean
  • Coastline
  • Views of a pier
  • Panoramic
  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Entry on the 3rd floor
  • Spanish Tile Roof

Interior Spaces

  • 5,007 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Central Vacuum
  • Partially Furnished
  • Wired For Sound
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Coffered Ceiling
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Two Way Fireplace
  • Gas Fireplace
  • Drapes & Rods
  • French Doors
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Storage
  • Utility Room
  • Home Gym

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Electric Oven
  • Indoor Grill
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Utility Sink

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Walk-In Closet
  • 5 Full Bathrooms
  • Fireplace in Bathroom
  • Granite Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Spa Bath
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Humidity Controlled

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Smart Home

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Cabana
  • Heated Spa

Outdoor Features

  • Living Room Balcony
  • Stone Porch or Patio
  • Terrace
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 8 / 1537
  • Tax Tract Number 6884
  • Assessor Parcel Number 7540028026

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,899

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Security System
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Mediterranean, Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540028026
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5007.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Coffered Ceiling(s), Crown Molding, Elevator, Home Automation System, Intercom, Living Room Balcony, Open Floorplan, Pantry, Partially Furnished, Recessed Lighting, Storage, Two Story Ceilings, Vacuum Central, Wired for Sound
  • Stories: 3
  • Entry Location: Top Floor
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, Dining Room, In Kitchen, Separated
  • Entry Level: 3
  • Fireplace Features: Bath, Dining Room, Family Room, Living Room, Master Bedroom, Gas, Two Way
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 858.80
  • Room Type: All Bedrooms Down, Den, Entry, Exercise Room, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Office, Utility Room, Walk-In Closet, Walk-In Pantry
  • Spa Features: Bath, Heated
  • Window Features: Drapes, Skylight(s)
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Granite Counters, Humidity Controlled, Jetted Tub, Privacy Toilet Door, Separate Tub And Shower, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Gazebo
  • View: City Lights, Coastline, Hills, Mountain(s), Neighborhood, Ocean, Panoramic, Pier, Water, White Water
  • Patio And Porch Features: Cabana, Patio Open, Stone, Terrace
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front, Off Street
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Oven, Freezer, Gas Cooktop, Indoor Grill, Ice Maker, Microwave, Range Hood
  • Heating Type: Central, Forced Air, Fireplace(s)
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Garden, Landscaped, Lawn, Yard
  • Lot Size Sq Ft: 14336.00
  • Lot Size Acres: 0.3291
  • Latitude Manual: 33.79541700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14336.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1537
  • Tax Census Tract: 6703.24
  • Tax Lot: 8
  • Tax Tract Number: 6884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Aug 4, 2021
Sold by
Mansoureh Soltani Living Trust
Bought by
Anking Inc
Seller's Agent
Arian Ghadiri
West Shores Realty, Inc.
Buyer's Agent
Arian Ghadiri
West Shores Realty, Inc.
List Price
$4,395,000
Sold Price
$4,300,000
Premium/Discount to List
-$95,000
-2.16%
Current Estimated Value
$5,322,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,022,674
Avg. Annual Appreciation
5.33%

Purchase Details

Closed on
Oct 13, 2020
Sold by
I & D Trust
Bought by
Mansoureh Soltani Living Trust and Soltani

Purchase Details

Closed on
Dec 1, 2005
Sold by
Sadeghpanani Mansoureh
Bought by
Soltani Esmail

Purchase Details

Closed on
May 25, 2005
Sold by
Advanced Design & Construction
Bought by
Soltani Esmail

Purchase Details

Closed on
Mar 4, 2004
Sold by
Imperial Pacific Inc
Bought by
Advanced Design & Construction

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$811,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2000
Sold by
Chen Tzu Pen
Bought by
Imperial Pacific Inc
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
Anking Inc $4,300,000 Ticor Title
Mansoureh Soltani Living Trust -- None Listed On Document
Soltani Esmail -- None Available
Soltani Esmail -- Lawyers Title
Advanced Design & Construction $1,250,000 Lawyers Title Company
Imperial Pacific Inc $550,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Advanced Design & Construction $811,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $4,300,000 -2.2% $859 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $4,395,000 -- $878 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $50,899 $4,563,193 $2,759,140 $1,804,053
2024 $50,899 $4,473,720 $2,705,040 $1,768,680
2023 $50,121 $4,386,000 $2,652,000 $1,734,000
2022 $47,596 $4,300,000 $2,600,000 $1,700,000
2021 $41,758 $3,669,834 $1,977,441 $1,692,393
2020 $41,199 $3,632,205 $1,957,165 $1,675,040
2019 $39,960 $3,560,987 $1,918,790 $1,642,197
2018 $39,788 $3,491,165 $1,881,167 $1,609,998
2016 $37,704 $3,355,601 $1,808,120 $1,547,481
2015 $36,452 $3,224,000 $1,737,100 $1,486,900
2014 $33,242 $2,913,000 $1,569,500 $1,343,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21146650

California Regional Multiple Listing Service (CRMLS)

APN: 7540-028-026