NOT LISTED FOR SALE

Estimated Value: $4,236,000 - $5,100,977

5 Beds
5 Baths
4,602 Sq Ft
$1,015/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $4,294,000 $933 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $28,427/month

About This Home

As of March 2024

Welcome to this luxurious 5bed / 4.5 bath, 4,600 sq. ft. residence tucked away in a tranquil cul de sac within the esteemed Pacific View Estates of Pacific Palisades. This stunningly renovated property boasts captivating ocean vistas and encompasses 5 bedrooms (plus 2 offices) and 5 bathrooms, ensuring ample space for both family and guests.Upon crossing the threshold of the gated estate, you'll be greeted by a grand foyer adorned with soaring ceilings and an exquisite staircase leading to the upper level. The main floor unfolds into an expansive open-concept living space bathed in natural light streaming through expansive windows, creating an inviting and airy atmosphere. The spacious living area features a welcoming fireplace and seamlessly connects to a dining space, perfect for leisurely moments or entertaining gatherings.The heart of this home lies in the chef's kitchen, a culinary haven equipped with top-of-the-line amenities including a baking station, wine fridge, sub-zero refrigerator, and freezer drawers, complemented by elegant granite countertops and ample cabinetry. The kitchen island offers additional prep space and serves as a casual dining spot.A true highlight of this residence is the remarkable wine cellar, providing an elegant setting to display your prized wine collection. Upstairs, discover 4 bedrooms and 2 offices, ensuring privacy and comfort for every member of the household. The primary suite epitomizes indulgence, featuring a spacious bedroom with a cozy sitting area, a private deck, an office space, a lavish spa-like bathroom boasting a soaking tub and separate shower, and a generous walk-in closet.Step outside into your own private oasis encompassing a sprawling 20,000 sq ft backyard complete with a refreshing pool, rejuvenating spa, and an outdoor living room featuring a television and heaters, offering the perfect setting for relaxation or entertaining guests. The outdoor space is thoughtfully designed with ample seating, a built-in BBQ, a wood-burning outdoor pizza oven, and a fully-equipped kitchen, creating an idyllic spot to savor the Southern California climate. Additionally, revel in the serenity of your private 180-degree ocean view deck situated behind the home.Storage is abundant with a 3-car garage providing ample space for your vehicles and belongings. Conveniently located just a short drive from premier dining, shopping, and entertainment destinations, this residence offers the quintessential coastal lifestyle experience in Los Angeles.Seize the opportunity to call this exceptional abode your own and experience the epitome of luxurious coastal living.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
Feb 20, 2024
Sold by
Van Dalsem Family Trust
Bought by
Xu Kaiqing and Chen Yuan
Seller's Agent
Lulu Knowlton
eXp Realty of California Inc
Buyer's Agent
Subscriber Non
Non-Participant Office
Sold Price
$16,500
Views
18
Current Estimated Value
$4,670,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,654,159
Avg. Annual Appreciation
7.94%

Purchase Details

Closed on
Jan 18, 2012
Sold by
Vandalsem Bruce E and Vandalsem Van Dalsem
Bought by
Vandalsem Bruce E and Vandalsem Van Dalsem

Purchase Details

Closed on
Jun 10, 1997
Sold by
Furstman Scott S and Furstman Susan K
Bought by
Vandalsem Bruce E and Vandalsem Yvette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,750
Interest Rate
7.91%

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
Xu Kaiqing $4,294,000 Usa National Title Company
Vandalsem Bruce E -- None Available
Vandalsem Bruce E $945,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vandalsem Bruce E $1,100,000
Previous Owner Vandalsem Bruce E $1,925,000
Previous Owner Vandalsem Bruce E $2,000,000
Previous Owner Vandalsem Bruce E $145,000
Previous Owner Vandalsem Bruce $500,000
Previous Owner Vandalsem Bruce E $500,000
Previous Owner Vandalsem Bruce E $990,000
Previous Owner Vandalsen Bruce E $1,000,000
Previous Owner Vandalsem Bruce E $300,000
Previous Owner Vandalsem Bruce E $710,000
Previous Owner Vandalsem Bruce E $708,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Rented $16,500 0.0% --
03/25/2024 03/25/24 For Rent $16,500 0.0% --
03/22/2024 03/22/24 Sold $4,294,000 -12.3% $933 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
01/06/2024 01/06/24 Price Changed $4,899,000 -1.8% $1,065 / Sq Ft
10/16/2023 10/16/23 Price Changed $4,990,000 -4.0% $1,084 / Sq Ft
09/14/2023 09/14/23 Price Changed $5,200,000 -3.7% $1,130 / Sq Ft
07/31/2023 07/31/23 Price Changed $5,400,000 -3.6% $1,173 / Sq Ft
07/07/2023 07/07/23 Price Changed $5,600,000 -3.4% $1,217 / Sq Ft
06/07/2023 06/07/23 For Sale $5,800,000 0.0% $1,260 / Sq Ft
05/29/2023 05/29/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $5,800,000 -- $1,260 / 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 $28,895 $2,360,188 $947,994 $1,412,194
2023 $28,337 $2,313,910 $929,406 $1,384,504
2022 $27,022 $2,268,540 $911,183 $1,357,357
2021 $26,681 $2,224,060 $893,317 $1,330,743
2020 $26,954 $2,201,256 $884,158 $1,317,098
2019 $25,880 $2,158,095 $866,822 $1,291,273
2018 $25,704 $2,115,780 $849,826 $1,265,954
2016 $24,567 $2,033,624 $816,827 $1,216,797
2015 $24,206 $2,003,078 $804,558 $1,198,520
2014 $24,280 $1,963,841 $788,798 $1,175,043
Source: Public Records

Agents Affiliated with this Home

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