770 Paseo Miramar

    Pacific Palisades, CA 90272
    • $8,880,000
    • STATUS: Active
    • ON SITE: 82 days
    • ID#: 19494634
    UPDATED: 79 min ago
    $8,880,000
    • 0
      BEDS
    • 0.48
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,705
      SQFT
    • $1,557
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    TROPHY PROPERTY WITH 4.6 CAP in a AAA neighborhood! Rare opportunity with this incredible income-producing property on a long term lease and generating above market rent at average rate of ~$50k per month. This meticulously crafted & newer built Architectural home is designed by renowned architect Anthony Zubick, AIA. The gated & private 7 Bed, 9 Bath entertainer's home offers UNOBSTRUCTED OCEAN VIEWS FROM THE QUEENS NECKLACE TO DOWNTOWN. A thoughtfully designed floor plan offers panoramic views from nearly every room. Chef's kitchen featuring Wolf and Miele appliances seamlessly flows to dining & family rooms. Floating staircase leads to 4 bedrooms & a luxurious master wing w/dual closets, wrap around deck & world class master bath. Pocketing Fleetwood doors open to an expansive flat yard w/a full kitchen, pool & spa, fire pit, mature trees, & more. SMART HOME by Crestron. RENT INCREASES TO $45,000/MO STARTING 11/19 AND INCREASING 3% THEREAFTER.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-20T23:32:41.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/97430166

    770 Paseo Miramar Pacific Palisades, CA 90272

    • Price: $8,880,000
    • Status: Active
    • Updated: 79 min ago
    • ID#: 19494634
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.48
    Acres
    5,705
    SQFT
    $1,557
    $/SQFT
    Neighborhood:
    C15 - Pacific Palisades
    County:
    Los Angeles
    Area:
    C15 - Pacific Palisades
    Property Description
    TROPHY PROPERTY WITH 4.6 CAP in a AAA neighborhood! Rare opportunity with this incredible income-producing property on a long term lease and generating above market rent at average rate of ~$50k per month. This meticulously crafted & newer built Architectural home is designed by renowned architect Anthony Zubick, AIA. The gated & private 7 Bed, 9 Bath entertainer's home offers UNOBSTRUCTED OCEAN VIEWS FROM THE QUEENS NECKLACE TO DOWNTOWN. A thoughtfully designed floor plan offers panoramic views from nearly every room. Chef's kitchen featuring Wolf and Miele appliances seamlessly flows to dining & family rooms. Floating staircase leads to 4 bedrooms & a luxurious master wing w/dual closets, wrap around deck & world class master bath. Pocketing Fleetwood doors open to an expansive flat yard w/a full kitchen, pool & spa, fire pit, mature trees, & more. SMART HOME by Crestron. RENT INCREASES TO $45,000/MO STARTING 11/19 AND INCREASING 3% THEREAFTER.
    Exterior Features

    Lot Features Sprinklers None Lot Size Units Square Feet Parking Features Garage - Three Door Parking YN Yes

    Interior Features

    Appliances DisposalIce MakerRefrigeratorDishwasher Appliances YN Yes Cooling Central Air Cooling YN Yes

    Property Features

    Gross Multiplier 0.00 Gross Operating Income 0.00 Improvements Amount 1672800 Land Value 7140000 Net Operating Income 0.00 Special Listing Conditions Standard Total Expenses 0.00 Zoning Lare15

    Listing provided courtesy of Aram Afshar of Coldwell Banker Residential Br and Craig Shapiro of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-20T23:32:41.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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