$2,400,000
SOLD DEC 30, 2020

912 Lachman Ln Pacific Palisades, CA 90272

4 Beds
3 Baths
2,046 Sq Ft
7,758 Sq Ft Lot

Recently Sold

$1,173 Per Sq Ft

4% Below List Price

9 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • No HOA
  • Midcentury Modern Architecture
  • Great Room
  • Covered Patio or Porch

About This Home

As of April 2022

First time on the market in over 50 yrs! Incredibly rare opportunity to build your dream home from the ground up or remodel the existing mid century 4 bedroom home with beautiful ocean views! Prior to confirming showings, we must receive signed CAR Form PEAD-V. (Coastal Commission applies to property.)

Last Agent to Sell the Property

Laura Brau

Compass License #01931500 Listed on: 10/29/2020

Compass

Last Buyer's Agent

Dan Urbach

Compass License #01147391

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,531

Year Built

  • Built in 1957

Lot Details

  • 7,758 Sq Ft Lot
  • Lot Dimensions are 70x111
  • Property is zoned LAR1

Property Views

  • Ocean
  • Mountain

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,046 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Living Room with Fireplace
  • Wood Flooring
  • Alarm System
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Driveway

Additional Features

  • Covered Patio or Porch
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4419-004-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,531

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 2046
  • Lot Acreage: 0.1781
  • Lot Dimensions: 70x111
  • Stories: 1
  • Year Built: 1957
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Alarm System, Garbage Disposal, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1219.45

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage, Driveway
  • Total Parking: 2

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4419-004-003
  • Lot Size Area: 7758

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Apr 8, 2022
Sold by
Mahnaz Jamalipour
Bought by
Wc-Pv Co-Living Investment 001 Llc
Seller's Agent
Justin Kohanoff
Westgate Property Group Inc.
Buyer's Agent
Jordana Leigh
Christie's International Real Estate SoCal
List Price
$4,995,000
Sold Price
$4,500,000
Premium/Discount to List
-$495,000
-9.91%
Current Estimated Value
$3,585,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$914,079
Avg. Annual Appreciation
-8.38%
Original Mortgage
$2,925,000
Outstanding Balance
$2,744,038
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$594,242

Purchase Details

Closed on
Jul 13, 2021
Sold by
Jamalipour Mahnaz
Bought by
Jamalipour Mahnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 4, 2020
Sold by
Colner Adam
Bought by
Jamalipour Mahnaz
Seller's Agent
Laura Brau
Compass
Buyer's Agent
Dan Urbach
Compass
List Price
$2,495,000
Sold Price
$2,400,000
Premium/Discount to List
-$95,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$2,173,500
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 2016
Sold by
Colner Adam
Bought by
Colner Adam and The Bernice C Spielberg 1990 Trust
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 Type Sale Price Title Company
Grant Deed $4,500,000 Chicago Title
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $2,400,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,925,000 New Conventional
Previous Owner $2,400,000 Commercial
Previous Owner $2,370,000 Commercial
Previous Owner $2,173,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $4,500,000 -9.9% $1,807 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $4,995,000 +108.1% $2,006 / Sq Ft
12/30/2020 12/30/20 Sold $2,400,000 -3.8% $1,173 / Sq Ft
11/07/2020 11/07/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $2,495,000 -- $1,219 / 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 $56,531 $1,931,468 $1,931,468 --
2024 $56,531 $4,681,799 $2,913,224 $1,768,575
2023 $55,420 $4,590,000 $2,856,102 $1,733,898
2022 $28,898 $2,448,000 $1,903,932 $544,068
2021 $28,552 $2,400,000 $1,866,600 $533,400
2020 $2,592 $194,309 $107,805 $86,504
2019 $2,499 $190,500 $105,692 $84,808
2018 $2,405 $186,766 $103,620 $83,146
2016 $2,281 $179,516 $99,598 $79,918
2015 $2,249 $176,820 $98,102 $78,718
2014 $2,267 $173,358 $96,181 $77,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-649890

The MLS

APN: 4419-004-003