NOT LISTED FOR SALE

Estimated Value: $4,136,926 - $4,516,000

4 Beds
3 Baths
1,505 Sq Ft
$2,872/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $4,450,000 $2,957 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $28,037/month

69 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • 3 Fireplaces
  • Infinity Pool
  • Wood Flooring
  • No HOA

About This Home

As of April 2024

Presenting a serene sanctuary nestled atop the Pacific Palisades, this property offers captivating canyon and ocean vistas on a generous 16,440 SF +/- parcel, conveniently located just a short stroll from town. Positioned near Temescal Canyon Trailhead and Will Rogers State Park, the property provides direct access to an extensive network of trails in the Santa Monica Mountains and beyond. Offering a tranquil oasis akin to Aman resorts, the property seamlessly combines natural beauty with the convenience of proximity to the amenities of the Palisades and Los Angeles. This bucolic site includes the opportunity to embark on construction immediately with a permit-ready 8,469 SF masterpiece, meticulously crafted by the acclaimed architecture firm Woods + Dangaran. The interiors, curated in collaboration with the renowned AD100 interior designer Studio Mellone, are thoughtfully designed for luxury living (renderings are included in the listing images). Alternatively, consider a remodel and expansion of the existing 3 bed/2 bath main house and 1 bed/1 bath guest house. The RTI new house design features an expansive main-level primary suite and five additional bedrooms, complemented by a dedicated office and a separate gym/wellness center. The thoughtfully planned layout caters to both entertaining and daily life, boasting multiple indoor and outdoor zones. The backyard showcases a striking infinity pool that seemingly merges with the canyon landscape. Within one of the city's most exclusive residential areas, your canvas awaits.

Last Listed By

steven Somers

Vision Estates License #02145486 Listed on: 01/18/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,549

Year Built

  • Built in 1948

Lot Details

  • 0.38 Acre Lot
  • Property is zoned LARE40

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Canyon
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,505 Sq Ft Home
  • 2-Story Property
  • Bar
  • 3 Fireplaces
  • Gas Fireplace
  • Home Office
  • Home Gym
  • Breakfast Bar
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Covered Parking

Pool

  • Infinity Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4422-004-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,549

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 1505
  • Lot Acreage: 0.3775
  • Year Built: 1948
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Hardwood
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 2986.71

Exterior Features

  • Other Structures: None
  • Pool Description: Negative Edge/Infinity Pool
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Canyon, Coastline, Mountains, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4422-004-013
  • Lot Size Area: 16441

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Apr 15, 2024
Sold by
Big Park Roml Chautauqua Llc
Bought by
Chautauqua Canyon Llc
Seller's Agent
steven Somers
Vision Estates
Buyer's Agent
Alin Glogovicean
Redfin Corporation
List Price
$5,250,000
Sold Price
$4,450,000
Premium/Discount to List
-$800,000
-15.24%
Total Days on Market
69
Views
96
Current Estimated Value
$4,321,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$128,358
Avg. Annual Appreciation
-2.88%

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 25, 2021
Sold by
Ullis Karlis G and Ullis Kristine
Bought by
Cooper Adam C
Seller's Agent
Archie Ogani
The Beverly Hills Estates
Buyer's Agent
Josh Flagg
Compass
List Price
$3,888,000
Sold Price
$3,700,000
Premium/Discount to List
-$188,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%

Purchase Details

Closed on
Jun 18, 2009
Sold by
Ullis Karlis and Karlis Ullis Trust
Bought by
Ullis Karlis C

Purchase Details

Closed on
Jul 9, 2002
Sold by
Ullis Karlis C
Bought by
Ullis Karlis and Karlis Ullis Trust

Range of Values:

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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
Chautauqua Canyon Llc $4,450,000 Fidelity National Title
Cooper Adam C $3,815,000 Fidelity National Title Co
Ullis Karlis C -- None Available
Ullis Karlis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ullis Karlis C $432,700
Previous Owner Ullis Karlis C $445,000
Previous Owner Ullis Karlis C $434,500
Previous Owner Ullis Karlis $475,000
Previous Owner Ullis Karlis C $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $4,450,000 -1.0% $2,957 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/27/2024 03/27/24 Price Changed $4,495,000 -14.4% $2,987 / Sq Ft
01/18/2024 01/18/24 For Sale $5,250,000 +41.9% $3,488 / Sq Ft
04/20/2021 04/20/21 Sold $3,700,000 -4.8% $1,682 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $3,888,000 -- $1,767 / Sq Ft
Source: The MLS

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 $47,549 $3,926,469 $3,878,715 $47,754
2023 $46,617 $3,849,480 $3,802,662 $46,818
2022 $44,433 $3,774,000 $3,728,100 $45,900
2021 $5,519 $432,909 $248,995 $183,914
2020 $5,571 $428,471 $246,442 $182,029
2019 $5,362 $420,070 $241,610 $178,460
2018 $5,209 $411,834 $236,873 $174,961
2016 $4,979 $395,844 $227,676 $168,168
2015 $4,909 $389,899 $224,257 $165,642
2014 $4,938 $382,263 $219,865 $162,398
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 24-349231

The MLS

APN: 4422-004-013