See Home Value
$2,700,000 - $3,300,000
House - Off Market

641 Lachman Ln

Pacific Palisades, CA 90272
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1644 Sqft
Refi Jun 15, 2004
Transfer
Owner
$250,000 by Washington Mutual Bank Fa
Mortgage Due Jun 15, 2034

About This Property

Welcome to the extraordinary lower Lachman/Marquez Knolls locale! Situated above the street, this remarkable property spans approximately 8,632 square feet of flat land which makes it a great development opportunity. It offers awe-inspiring panoramic views of the ocean, cityscape, Queen's Necklace, and Catalina Island on one side, while providing unobstructed vistas of mountains and canyons on the other. This is an exceptionally rare opportunity and an ideal canvas to construct your dream home from the ground up or reimagine the existing residencea charming 1950s cottage with a sprawling, lush green yard. Embodying the essence of the coveted Marquez Knolls lifestyle, this property offers convenient access to all your favorite outdoor activities, such as hiking, biking, and beachside adventures. Nestled away from the hustle and bustle of the Village, it provides a peaceful retreat while still being mere minutes away from the Palisades Village, which boasts an array of exclusive shops, boutiques, inviting cafes, a delightful park, a library, and esteemed schools. Discover the epitome of originality and personalized living here!

The manager has listed the unit size as 1644 square feet.
Unit Size
1,644Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$1,825
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953

Price History

Date / Event Date Event Price
Dec 17, 2023 No longer available -
No longer available
Jun 5, 2023 Listed $3,000,000
Listed

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,623
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,644
  • Building Area: 1,644
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,644
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 17592
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 17592 LOT/SEC 82

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 40-B3
  • Subdivision Tract Number: 17592
  • Parcel: 4419-006-005
  • Lot: 82
  • Municipality: WEST /PAC PALISADES
  • Latitude: 34.0483
  • Longitude: -118.547

    Address

  • Full Address: 641 Lachman Ln
  • Address - House Number: 641
  • Address - Street Name: Lachman
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Pacific Palisades
  • Carrier Code: C029
  • 4-Digit Zip Code: 2802
  • Zip Code: 90272

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,145
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 96
  • Final Value: 2,993,007
  • High Value: 3,195,820
  • Low Value: 2,790,195

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Open Lien Mortgage Recording Date: Jun 15, 2004
  • First Open Lien Mortgage Financing Type: Other
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jun 15, 2034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,664
  • Assessed Land Value: $98,709
  • Assessed Improvements Value: $65,955

    Exemptions

  • Homeowner Exemption: Yes



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
4 Baths
2,052 ft²
$1,362/ft²
$2,795,000 Jul 12, 2023
-
-
House
3 Beds
3 Baths
2,053 ft²
$1,705/ft²
$3,500,000 Sep 5, 2023
-
-
House
3 Beds
2 Baths
2,186 ft²
$1,216/ft²
$2,659,000 Sep 29, 2023
-
-
House
5 Beds
3 Baths
2,239 ft²
$1,116/ft²
$2,498,000 Mar 2, 2023
-
-

About West Los Angeles


Similar Homes for Sale

Open House: 9AM - 12PM, Sun Oct 8
Unit for sale at 16756 Marquez Avenue, Pacific Palisades, CA 90272

$2,498,000

  • 5 Beds
  • 3 Baths
  • 2,239 ft²
16756 Marquez Avenue, Pacific Palisades, CA 90272 Listing by Jacqueline Chernov
Open House: 10AM - 1PM, Sun Oct 8
Unit for sale at 659 Jacon Way, Pacific Palisades, CA 90272

$2,659,000

  • 3 Beds
  • 2 Baths
  • 2,186 ft²
659 Jacon Way, Pacific Palisades, CA 90272 Listing by Steve Sawai
Unit for sale at 712 Muskingum Avenue, Pacific Palisades, CA 90272

$3,500,000

  • 3 Beds
  • 3 Baths
  • 2,053 ft²
712 Muskingum Avenue, Pacific Palisades, CA 90272 Listing by Raymond Dominguez

Nearby Rentals

Unit for rent at 820 Muskingum Ave, Pacific Palisades, CA, 90272

$8,999 /mo

  • 3 Beds
  • 3 Baths
  • 2,405 ft²
820 Muskingum Ave, Pacific Palisades, CA, 90272 Listing by Anthony Marguleas
Unit for rent at 15480 Antioch St, Pacific Palisades, CA, 90272

$6,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,920 ft²
15480 Antioch St #102, Pacific Palisades, CA, 90272 Listing by Michelle Bolotin
Unit for rent at 830 Haverford Ave, Pacific Palisades, CA, 90272

$6,990 /mo

  • 3 Beds
  • 3 Baths
  • 2,068 ft²
830 Haverford Ave #7, Pacific Palisades, CA, 90272 Listing by Jessica Bielski


Frequently Asked Questions

When was property at 641 Lachman Lane built and last sold?
The property at 641 Lachman Lane was built in 1953 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 641 Lachman Lane is $2,957,217.
What are some comparable homes to 641 Lachman Lane?
Homes that are comparable to 641 Lachman Lane include a house property at 16723 West Sunset Boulevard, 712 Muskingum Avenue, 659 Jacon Way.

Quantcast