See Home Value
$10,032,952*
House - Off Market

656 LACHMAN Lane

Pacific Palisades, CA 90272
bedrooms
5 Beds
bathrooms
6 Baths
square feet
5959 Sqft
$6,165,000 - $7,535,000
Reference Base Price*
46.47%
Since Nov 1, 2019
National-US
Primary Model
Sold Dec 05, 2019
$6,500,000
$4,875,000 by City National Bank
Mortgage Due Jan 01, 2050
Sold Jun 07, 2016
$2,075,000
$3,200,000 by Capital Bank
Mortgage

About This Property

Welcome to this impeccable newer construction situated in the highly desired neighborhood of the Pacific Palisades. Built and designed by the powerhouse Developer and Interior Design couple David and Eliana Rokach. This beach chic farmhouse offers sensational ocean views spanning from the tree tops of the Pacific Palisades through Santa Monica, the queens neckless of Palos Verdes and in your face blue ocean. One of the best views that the Palisades has to offer, this new construction home has it all. With incredible attention to design and detail, this home offers the perfect floor plan flowing seamlessly from room to room, not to mention dramatic views from nearly every room. Custom handpicked finishes throughout separate this home and put it in a league of its own. Inside you will experience great ceiling heights, an open layout with a light and bright designer kitchen, multiple outdoor patios to enjoy the beautiful ocean views.

The manager has listed the unit size as 5959 square feet.
Unit Size
5,959Ft²
Days on Market
-
Land Size
8,816.00 acres
Price per sqft
$1,150
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953

Price History

Date / Event Date Event Price
Dec 5, 2019 Sold to Steven Shapiro $6,500,000
Sold to Steven Shapiro
Oct 4, 2019 No longer available -
No longer available
Sep 26, 2019 Price Decreased $6,850,000
↓ $645K (8.6%)
Price Decreased
Jul 24, 2019 Listed $7,495,000
Listed

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,799
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,831
  • Building Area: 2,831
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,831
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 17592
  • Land Acres: 0.202
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 17592 LOT/SEC 26

Ownership

  • Current Owner : SHAPIRO STEVEN
  • Current Owner 2: THE GOOFY TRUST
  • Previous Owner : LACHMAN PARTNERS LLC
  • Owner Before Previous Owner: FRIEDENTHAL JANE C
  • 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: 4419-014-009
  • Lot: 26
  • Municipality: WEST /PAC PALISADES
  • Latitude: 34.0485
  • Longitude: -118.546

    Address

  • Full Address: 656 Lachman Ln
  • Address - House Number: 656
  • Address - Street Name: Lachman
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Pacific Palisades
  • Carrier Code: C029
  • 4-Digit Zip Code: 2801
  • Zip Code: 90272

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $78,508
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2325
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 6,358,834
  • High Value: 7,837,714
  • Low Value: 4,879,955

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,875,000
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Dec 05, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $4,875,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,832,659
  • Assessed Land Value: $4,099,596
  • Assessed Improvements Value: $2,733,063

    Sales

  • Current Sale Contract Date: Nov 25, 2019
  • Current Sale Recording Date: Dec 05, 2019
  • Current Sale Transaction ID: 11706893622
  • Current Sale Price: $6,500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19-1342978
  • Previous Sale Recording Date: Jun 07, 2016
  • Previous Sale Contract Date: Oct 21, 2015
  • Previous Sale Amount: $2,075,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK
  • First Mortgage Transaction Date: Dec 05, 2019
  • First Mortgage Loan Amount: $4,875,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jan 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CAPITAL BANK
  • Previous Mortgage Transaction Date: Jun 07, 2016
  • Previous Mortgage Loan Amount: $3,200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan



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 656 Lachman Lane built and last sold?
The property at 656 Lachman Lane was built in 1953 and last sold on Nov 25, 2019 for $6,500,000.
How much is this home worth?
The estimated value of the home located at 656 Lachman Lane is $6,895,492.
What are some comparable homes to 656 Lachman Lane?
There are currently no comparable homes to 656 Lachman Lane.

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