NOT LISTED FOR SALE

1355 Berea Place Pacific Palisades, CA 90272

Pacific Palisades Neighborhood

Estimated Value: $6,052,000 - $8,764,182

6 Beds
8 Baths
7,800 Sq Ft
$982/Sq Ft Est. Value

Last Sold June 20, 2016

Last sale price $2,350,000 $301 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $47,394/month

About This Home

As of June 2016

You'll love this brand-new contemporary masterpiece located in the highly sought after Pacific Palisades, only minutes from the terrific Palisades Village shops and restaurants. Entering this magnificent home, you'll be welcomed by the wonderful natural light streaming in through the walls of Fleetwood glass doors. The high ceilings, open floor plan, and large balcony, create a wonderful space for dining, relaxing and entertaining. The main level has a chefs kitchen with Miele appliances and a huge walk-in pantry. There are 6 en-suite bedroom, and 8 bathrooms, for your family and guests. The large master bedroom boasts a fireplace, balcony w/views, and his and her closets. On the lower level, there is a pool, spa, and built-in BBQ to enjoy the perfect LA climate. There is also a large theater room with a wine cellar and light up onyx bar. To top it off, there is a huge rooftop deck with 2 seating areas, BBQ, and spectacular views from the ocean to the city. To complete the home, there is a 3 car garage and an elevator. This gorgeous furnished home is the perfect place to relax, unwind, and enjoy the spectacular Palisades.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2024
Sold by
Imperial Processing
Bought by
1355 Berea Llc
Current Estimated Value
$7,662,727

Purchase Details

Listed on
Apr 28, 2016
Closed on
May 10, 2016
Sold by
Kirkwood John L and The Kirkwood Family Trust
Bought by
1355 Berea Llc
Seller's Agent
Dan Urbach
Compass
Buyer's Agent
Gary Gold
Keller Williams Hollywood Hills
List Price
$1,995,000
Sold Price
$2,350,000
Premium/Discount to List
$355,000
17.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.29%
Original Mortgage
$1,600,000
Interest Rate
3.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 8, 2008
Sold by
Kirkwood Robert L and Kirkwood Patricia K
Bought by
The Kirkwood Family Trust

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1355 Berea Llc $627,400 None Listed On Document
1355 Berea Llc $2,350,000 Ortc
The Kirkwood Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yarden Consulting Llc $5,500,000
Previous Owner 1355 Berea Llc $220,000
Previous Owner 1355 Berea Llc $1,250,000
Previous Owner 1355 Berea Llc $5,500,000
Previous Owner 1355 Berea Llc $1,500,000
Previous Owner 1355 Berea Llc $427,500
Previous Owner 1355 Berea Llc $1,600,000
Previous Owner Kirkwood John L $1,600,000
Previous Owner 1355 Berea Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Rented $60,000 -11.1% --
01/03/2022 01/03/22 Price Changed $67,500 -20.6% $9 / Sq Ft
12/18/2021 12/18/21 For Rent $85,000 0.0% --
06/20/2016 06/20/16 Sold $2,350,000 +17.8% $1,369 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $1,995,000 -- $1,162 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $55,497 $4,569,307 $2,727,373 $1,841,934
2023 $54,413 $4,479,714 $2,673,896 $1,805,818
2022 $51,865 $4,391,877 $2,621,467 $1,770,410
2021 $51,224 $4,305,763 $2,570,066 $1,735,697
2019 $29,603 $2,493,838 $2,493,838 $0
2018 $29,494 $2,444,940 $2,444,940 $0
2016 $1,783 $137,672 $94,207 $43,465
2015 $1,759 $135,605 $92,792 $42,813
2014 $1,776 $132,950 $90,975 $41,975
Source: Public Records

Agents Affiliated with this Home

  • Mark Prince

    Seller's Agent in 2022

    Mark Prince

    Premier Realty Associates

    (323) 400-5765

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  • Caitlin Colvin

    Buyer's Agent in 2022

    Caitlin Colvin

    Sotheby's International Realty

    (310) 210-3639

    11 in this area

    24 Total Sales

    Caitlin Colvin
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  • Dan Urbach

    Seller's Agent in 2016

    Dan Urbach

    Compass

    (310) 741-1881

    71 in this area

    122 Total Sales

    Dan Urbach
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  • Gary Gold

    Buyer's Agent in 2016

    Gary Gold

    Keller Williams Hollywood Hills

    (310) 741-0505

    2 in this area

    19 Total Sales

    Gary Gold
    Section Image
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Map

California Los Angeles County Pacific Palisades 90272 Pacific Palisades

1355 Berea Place, Pacific Palisades, CA

Homes for Sale in Pacific Palisades, CA

This home is located at 1355 Berea Place, Pacific Palisades, CA 90272 and is currently estimated at $7,662,727, approximately $982 per square foot. 1355 Berea Place is a home located in Los Angeles County with nearby schools including Palisades Charter Elementary, Marquez Charter School, and Paul Revere Charter Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.