See Home Value
$19,532,694*
House - Off Market

15975 Alcima Ave

Pacific Palisades, CA 90272
bedrooms
7 Beds
bathrooms
12 Baths
square feet
11700 Sqft
$17,550,000 - $21,450,000
Reference Base Price*
0.17%
Since Jul 1, 2023
National-US
Primary Model
Sold Sep 28, 2018
$5,750,000
$2,750,000 by N Family Services Llc
Mortgage Due Jan 18, 2053

About This Property

Immerse yourself in the quintessential Southern California lifestyle as you enter this oasis-like compound, where deluxe finishes and an open-concept floor plan accentuate the unparalleled sunrise to sunset ocean views. This custom-built contemporary farmhouse is set upon almost an acre of land, boasts 7 bedrooms, 12 bathrooms and is located just minutes away from the Palisades Village. Perched at the top of a private driveway, this home is secluded and is the ultimate wellness & entertainment residence. The floor-to-ceiling doors open to the outdoor vacation-like yard featuring a large heated pool and spa paired with a cabana, and a space for alfresco dining. You are welcomed with endless natural light that floods into the 11-foot ceilings living areas. The main level includes: a state-of-the-art chef's kitchen with an attached butlers pantry, a temperature-controlled wine cellar, a chic office, and a wellness retreat equipped with a steam shower and infrared sauna. Each room flows effortlessly into the well-manicured backyard. Ascend to the extravagant primary suite that boasts an incredible unobstructed ocean view completed with an expansive balcony, a luxury fireplace, two vast closets, spa-like baths, and vaulted ceilings. On the other wing, there are four generous secondary bedrooms which complete the top floor. Enjoy limitless amenities such as an elevator, an oversized theater, gym, lower-level guest quarters, dual-level laundry rooms, and a four-car garage. Cozy up to the outdoor fireplace on the upper deck and relish in the panoramic views of the ocean to the lush hillside. This brand new estate was imagined by Los Angeles' exclusive luxury development group, Palisades Development Company, the property evokes grand, traditional allure throughout with a bonus of community charm. Don't miss out on this once-in-a-lifetime opportunity!

The manager has listed the unit size as 11700 square feet.
Unit Size
11,700Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$1,667
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950

Price History

Date / Event Date Event Price
Jun 16, 2023 No longer available -
No longer available
Jun 14, 2023 Price Decreased $19,500,000
↓ $2M (7.1%)
Price Decreased
Mar 7, 2023 Price Decreased $20,995,000
↓ $1M (4.6%)
Price Decreased
Jan 12, 2023 Listed $21,995,000
Listed
Nov 30, 2022 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 33,130
  • Lot Size Depth Feet: 2,900
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 3,077
  • Building Area: 3,077
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 3,077
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 9300
  • Land Acres: 0.761
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RECORD OF SURVEY AS PER BK 58 PG 33-37 OF R S LOT COM S 19 04'11 W 192.4 FT FROM MOST N COR OF LOT 22 TH S 4 57'40 E 109.45 FT TH S 1 34'04 E TO NW LINE SEE ASSESSOR MAPBOOK FOR MISSING PORTIONLOT 22

Ownership

  • Current Owner : PALISADES CAPITAL FUND 4 LLC
  • Previous Owner : SHAPLEY PETER H
  • Previous Owner 2: SHAPLEY CHRISTOPHER
  • 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: LARE15

Geography

  • Assessors Map Reference: 40-C3
  • Parcel: 4420-005-001
  • Lot: 22
  • Municipality: WEST /PAC PALISADES
  • Latitude: 34.0517
  • Longitude: -118.535

    Address

  • Full Address: 15975 Alcima Ave
  • Address - House Number: 15975
  • Address - Street Name: Alcima
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Pacific Palisades
  • Carrier Code: C021
  • 4-Digit Zip Code: 2405
  • Zip Code: 90272

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $71,231
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 96
  • Final Value: 4,125,458
  • High Value: 4,404,858
  • Low Value: 3,846,058

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,750,000
  • First Open Lien Mortgage Lender: N FAMILY SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jan 18, 2023
  • First Open Lien Mortgage Loan Amount: $2,750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 18, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,165,159
  • Assessed Land Value: $4,029,870
  • Assessed Improvements Value: $2,135,289

    Sales

  • Current Sale Contract Date: Aug 01, 2018
  • Current Sale Recording Date: Sep 28, 2018
  • Current Sale Transaction ID: 11510726975
  • Current Sale Price: $5,750,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0991653

    Last Sale Mortgage

  • First Mortgage Lender: 5 ARCH FUNDING CORP
  • First Mortgage Transaction Date: Sep 28, 2018
  • First Mortgage Loan Amount: $4,312,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Los Angeles


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Frequently Asked Questions

When was property at 15975 Alcima Avenue built and last sold?
The property at 15975 Alcima Avenue was built in 1950 and last sold on Aug 1, 2018 for $5,750,000.
How much is this home worth?
The estimated value of the home located at 15975 Alcima Avenue is $21,204,950.
What are some comparable homes to 15975 Alcima Avenue?
There are currently no comparable homes to 15975 Alcima Avenue.

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