See Home Value
$2,426,000 - $2,964,000
House - Off Market

1205 Las Lomas Place

Pacific Palisades, CA 90272
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1990 Sqft
Sold Aug 30, 2021
$2,295,000
$4,500,000 by Zemer Yuval
Mortgage

About This Property

Looking for an incredible development opportunity in one of the most prestigious communities in the Pacific Palisades? Look no further than 1205 Las Lomas Place! This magnificent property spans approximately 17,000 sq ft of prime real estate and boasts unparalleled potential for a stunning new construction project. Get ready to be blown away by ocean views from the future rooftop deck!The possibilities are endless for creating your dream home on this expansive lot. Imagine indulging in a luxurious single-level residence that's designed and customized to your exact specifications. Picture yourself coming home to high-end finishes, an oversized garage, and curb appeal that's nothing short of remarkable. And the best part? This property is priced to sell! That's right, unlike many remodeled homes in the area, this gem offers a unique opportunity for savvy buyers to create a bespoke home at a fraction of the cost.This is your chance to own a piece of the highly coveted Pacific Palisades community and turn your dream home into a reality. Don't let this opportunity slip through your fingers! Contact us today to learn more and take the first step towards owning your slice of paradise.

The manager has listed the unit size as 1990 square feet.
Unit Size
1,990Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$1,354
Property Type
House
Property Taxes
-
HOA Dues
$24
Year Built
1958

Price History

Date / Event Date Event Price
Feb 29, 2024 No longer available -
No longer available
Jun 27, 2023 No longer available -
No longer available
May 9, 2023 Listed $2,595,000
Listed
ATTENTION DEVELOPERS AND INVESTORS! Looking for an incredible development opportunity in one of the most prestigious communities in the Pacific Palisades? Look no further than 1205 Las Lomas Place! This magnificent property spans approximately 17,000 sq ft of prime real estate and boasts unparalleled potential for a stunning new construction project. Get ready to be blown away by ocean views from the future rooftop deck! The possibilities are endless for creating your dream home on this…
Mar 30, 2023 Listed $2,695,000
Listed
Mar 17, 2023 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,934
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 1,310
  • Total Building Area: 1,990
  • Building Area: 1,990
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,990
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 15948
  • Land Acres: 0.389
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 15948 LOT/SEC 29

Ownership

  • Current Owner : LAS LOMAS ESTATE LLC
  • Previous Owner : COHEN MICHAEL
  • Previous Owner 2: COHEN LAURA
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Aug 07, 2023

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 262604

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 40-C2
  • Subdivision Tract Number: 15948
  • Parcel: 4420-008-011
  • Lot: 29
  • Municipality: WEST /PAC PALISADES
  • Latitude: 34.0549
  • Longitude: -118.535

    Address

  • Full Address: 1205 Las Lomas Pl
  • Address - House Number: 1205
  • Address - Street Name: Las Lomas
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Pacific Palisades
  • Carrier Code: C031
  • 4-Digit Zip Code: 2438
  • Zip Code: 90272

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,165
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 96
  • Final Value: 2,527,159
  • High Value: 2,698,405
  • Low Value: 2,355,913

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,500,000
  • First Open Lien Mortgage Lender: ZEMER YUVAL
  • First Open Lien Mortgage Recording Date: Aug 15, 2023
  • First Open Lien Mortgage Loan Amount: $4,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,340,900
  • Assessed Land Value: $1,872,720
  • Assessed Improvements Value: $468,180

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Aug 30, 2021
  • Current Sale Transaction ID: 11853428234
  • Current Sale Price: $2,295,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1328874

    Last Sale Mortgage

  • First Mortgage Lender: ARIXA FUND I LLC
  • First Mortgage Transaction Date: Aug 30, 2021
  • First Mortgage Loan Amount: $1,840,000
  • First Mortgage Terms: 9
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 01, 2022



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,725 ft²
$1,826/ft²
$3,149,000 Apr 16, 2023
-
$283/mo
House
3 Beds
4 Baths
2,474 ft²
$1,071/ft²
$2,650,000 Jan 25, 2023
-
-
House
4 Beds
4 Baths
2,885 ft²
$1,057/ft²
$3,050,000 Apr 27, 2023
-
-

About West Los Angeles


Similar Homes for Sale

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Frequently Asked Questions

When was property at 1205 Las Lomas Place built and last sold?
The property at 1205 Las Lomas Place was built in 1958 and last sold on Aug 5, 2021 for $2,295,000.
How much is this home worth?
The estimated value of the home located at 1205 Las Lomas Place is $2,651,883.
What are some comparable homes to 1205 Las Lomas Place?
Homes that are comparable to 1205 Las Lomas Place include a house property at 1060 Palisair Place, 950 Las Lomas Avenue, 16121 Alcima Avenue.

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