NOT LISTED FOR SALE

972 Palisades Beach Rd Santa Monica, CA 90403

Wilshire Montana Neighborhood

Estimated Value: $6,354,000 - $15,737,806

6 Beds
8 Baths
6,691 Sq Ft
$1,651/Sq Ft Est. Value

Highlights

  • Ocean Front
  • 24-Hour Security
  • Heated In Ground Pool
  • Roosevelt Elementary School Rated A+
  • Projection Room
  • Fireplace in Primary Bedroom

About This Home

As of May 2015

Double Lot in the best Location. This spectacular home has the best of everything. Gigantic pool and two spas. Two outdoor firepits. Huge screening room. Bar/billiards room. Of the six sumptuous bedrooms, three are on the ocean side and each could serve as a master bedroom on any other beach house. Although one is clearly the largest the uppermost suite has a massive deck with it's own outdoor spa. Air conditioned and extensive and sophisticated electronics indoors and out. Short distance to bike paths, finest restaurants, shopping and free summer concerts on the pier.

Last Agent to Rent the Property

Don Richstone

Coldwell Banker Realty License #00814460 Listed on: 09/02/2014

Coldwell Banker Realty

Co-Listed By

Kurt Rappaport

Westside Estate Agency Inc. License #01036061

Last Renter's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $199,958

Year Built

  • Built in 1927

Lot Details

  • 0.25 Acre Lot
  • Ocean Front

Parking

  • 4 Car Attached Garage

Home Design

  • Villa

Interior Spaces

  • 6,691 Sq Ft Home
  • Furnished
  • Built-In Features
  • Bar
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Projection Room
  • Home Theater
  • Library
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • 8 Full Bathrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $200,000
  • 12 Month Lease Term
  • Assessor Parcel Number 4292-031-020

Community Details

Recreation

  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$199,958

Year Built

Built in 1927

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 200000

Listing Details

  • Property Type: Residential Lease
  • Style: Villa
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: n/a
  • Entry Floor: 1
  • Lease Terms: 1+Year
  • Living Area: 6691
  • Planned Urban Dev: 0
  • Probate: No
  • Unit Floor In Building: 1
  • Year Built: 1927
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Rooms: Gas, Living Room, Master Bedroom, Patio
  • Flooring: Hardwood, Stone
  • Bedrooms: 6
  • Fireplaces: 2
  • Full Bathroom: 8
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Intercom, Microwave, Network Wire, Range/Oven, Refrigerator, Satellite, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 11.21

Exterior Features

  • Tennis Court Y/N: No
  • Exposure: South
  • Pool Description: Heated
  • Pool: Yes
  • Roof: Tile
  • Spa: Bath Tub, Hot Tub
  • Spa Yn: Yes
  • View: Ocean
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Attached, Garage
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Owned
  • Sewer: In Street

Association/Amenities

  • Amenities: Paddle Tennis, Pool, Security, Spa
  • Pet Rules: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4292-031-020
  • Geocode Override: No
  • Lot Size Area: 10985

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2012
Sold by
Guez Paul and Guez Elizabeth
Bought by
972 Pbr Llc
Current Estimated Value
$11,075,861

Purchase Details

Closed on
Apr 8, 2003
Sold by
Josephson Barry
Bought by
Guez Paul and Guez Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,745,000
Interest Rate
4.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 30, 2001
Sold by
Josephson Jacqueline
Bought by
Josephson Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,350,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2001
Sold by
Josephson Barry
Bought by
Josephson Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,350,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1999
Sold by
Josephson Barry
Bought by
Josephson Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Interest Rate
9%
Mortgage Type
Construction
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
972 Pbr Llc $14,000,140 Chicago Title Company
Guez Paul -- Equity Title Company
Josephson Barry -- First American Title Co
Josephson Barry -- First American Title Co
Josephson Barry -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 972 Pbr Llc $9,000,000
Closed 972 Pbr Llc $4,850,000
Previous Owner Guez Paul $2,500,000
Previous Owner Guez Paul $4,640,000
Previous Owner Guez Paul $3,000,000
Previous Owner Guez Paul $4,745,000
Previous Owner Josephson Barry $4,350,000
Previous Owner Josephson Barry $4,350,000
Previous Owner Josephson Barry $1,000,000
Previous Owner Josephson Barry $500,000
Previous Owner Josephson Barry $3,675,000
Previous Owner Josephson Barry $2,900,000
Previous Owner Josephson Barry $2,400,000
Closed Guez Paul $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2015 05/06/15 Rented $70,000 -93.6% --
05/06/2015 05/06/15 Under Contract -- -- --
09/02/2014 09/02/14 For Rent $1,100,000 -- --
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 $199,958 $17,584,794 $15,072,684 $2,512,110
2024 $199,958 $17,239,995 $14,777,142 $2,462,853
2023 $196,781 $16,901,957 $14,487,395 $2,414,562
2022 $194,500 $16,570,547 $14,203,329 $2,367,218
2021 $189,994 $16,245,635 $13,924,833 $2,320,802
2019 $186,917 $15,763,782 $13,511,815 $2,251,967
2018 $175,813 $15,454,689 $13,246,878 $2,207,811
2016 $169,667 $14,854,567 $12,732,487 $2,122,080
2015 $167,504 $14,631,439 $12,541,234 $2,090,205
2014 $164,908 $14,344,830 $12,295,569 $2,049,261
Source: Public Records

Agents Affiliated with this Home

  • Don Richstone

    Landlord's Agent in 2015

    Don Richstone

    Coldwell Banker Realty

    (310) 383-1107

    3 Total Sales

    Section Image
  • Kurt Rappaport

    Landlord's Co-Listing Agent in 2015

    Kurt Rappaport

    Westside Estate Agency Inc.

    (310) 247-7770

    102 Total Sales

    Section Image

  • S

    Tenant's Agent in 2015

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 14-790543

The MLS

APN: 4292-031-020

California Los Angeles County Santa Monica 90403 Wilshire Montana

972 Palisades Beach Rd, Santa Monica, CA

This home is located at 972 Palisades Beach Rd, Santa Monica, CA 90403 since 02 September 2014 and is currently priced at $11,045,903. This property was built in 1927. 972 Palisades Beach Rd is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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