See Home Value
$9,249,516*
House - Off Market

541 Paseo Miramar

Pacific Palisades, CA 90272
bedrooms
6 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
5850 Sqft
$7,466,000 - $9,124,000
Reference Base Price*
11.51%
Since Dec 1, 2021
National-US
Primary Model
Sold Nov 12, 2021
$8,052,500
Sold Jul 23, 2019
$5,224,000
$3,600,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2049

About This Property

Enjoy the ocean view from this classic east coast traditional home that is warm and inviting, and filled with natural light. Pull into the new gated circular driveway, and be transformed by the Queen's Necklace views once inside. The house graciously mixes the east coast formal sized rooms, with the west coast beach lifestyle. The kitchen and family room open to views and a backyard complete with a newly enlarged entertaining patio with built-in BBQ, egg and fireplace, pool/spa, grassy lawn, sports court and trampoline area. The private master is on the top floor, along with a brand new gym, three additional bedrooms on the main floor, plus the garage has been transformed into a 2 bedroom/2 bath delightful guest or in-law suite on the lower level, along with a new temperature controlled 700 bottle wine cellar. House has been upgraded with new landscaping, new wiring, new floors, and all the bells and whistles.  You will never want to leave!

The manager has listed the unit size as 5850 square feet.
Unit Size
5,850Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$1,418
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953

Price History

Date / Event Date Event Price
Nov 16, 2021 No longer available -
No longer available
Oct 26, 2021 In contract -
In contract
Oct 11, 2021 Listed $8,295,000
Listed
Jul 26, 2019 No longer available -
No longer available
Jul 23, 2019 Sold to Brooke B Crane, Bryan C Crane $5,224,000
Sold to Brooke B Crane, Bryan C Crane
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Excellent
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Contemporary
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,134
  • Lot Size Depth Feet: 1,030
  • Total Building Area: 4,180
  • Building Area: 4,180
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,180
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 9546
  • Land Acres: 0.302
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 9546 LOT/SEC 7

Ownership

  • Current Owner : PACIFIC MIRAMAR LLC
  • Previous Owner : CRANE BRYAN C
  • Previous Owner 2: CRANE BROOKE B
  • Owner Before Previous Owner: KARLIN MICHAEL D
  • Owner Before Previous Owner 2: SMALLFISH TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: LARE15

Geography

  • Assessors Map Reference: 40-A3
  • Subdivision Tract Number: 9546
  • Parcel: 4416-018-024
  • Lot: 7
  • Municipality: WEST /PAC PALISADES
  • Latitude: 34.0468
  • Longitude: -118.556

    Address

  • Full Address: 541 Paseo Miramar
  • Address - House Number: 541
  • Address - Street Name: Paseo Miramar
  • State: CA
  • City Name: Pacific Palisades
  • Carrier Code: C023
  • 4-Digit Zip Code: 3020
  • Zip Code: 90272

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $94,423
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2342
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 6,093,986
  • High Value: 7,521,205
  • Low Value: 4,666,767

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,213,384
  • Assessed Land Value: $6,120,000
  • Assessed Improvements Value: $2,093,384

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Transaction ID: 11865934016
  • Current Sale Price: $8,052,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1688204
  • Previous Sale Recording Date: Jul 23, 2019
  • Previous Sale Contract Date: Jun 24, 2019
  • Previous Sale Amount: $5,224,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 23, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $3,600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Aug 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
7.5 Baths
7,148 ft²
$1,112/ft²
$7,950,000 Jan 27, 2023
-
$75/mo

About West Los Angeles


Similar Homes for Sale

Unit for sale at 767 Paseo Miramar, Pacific Palisades, CA 90272

$7,950,000

  • 6 Beds
  • 7.5 Baths
  • 7,148 ft²
767 Paseo Miramar, Pacific Palisades, CA 90272 Listing by James Respondek

Nearby Rentals

Unit for rent at

$16,500 /mo

  • 5 Beds
  • 4.5 Baths
  • 4,583 ft²
Listing by Fred Dapp
Unit for rent at

$17,500 /mo

  • 6 Beds
  • 5.5 Baths
  • 5,401 ft²
Listing by Merrie Kung
Unit for rent at

$17,500 /mo

  • 3 Beds
  • 3.5 Baths
  • 2,061 ft²
Listing by Manager


Frequently Asked Questions

When was property at 541 Paseo Miramar built and last sold?
The property at 541 Paseo Miramar was built in 1953 and last sold on Nov 5, 2021 for $8,052,500.
How much is this home worth?
The estimated value of the home located at 541 Paseo Miramar is $8,377,950.
What are some comparable homes to 541 Paseo Miramar?
There are currently no comparable homes to 541 Paseo Miramar.

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