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Key Details
Sold Price $8,100,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $1,157
MLS Listing ID 21761534
Sold Date 12/09/21
Bedrooms 7
HOA Y/N No
Lot Size 0.477 Acres
Acres 0.4767
Property Description
TROPHY PROPERTY WITH 5.0 CAP in a AAA neighborhood! Rare opportunity with this incredible income-producing property on a long term lease and generating stable above market rent. PROPERTY IS ON A MULTI YEAR LEASE WITH RENTS INCREASING 3% YEARLY. 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. Perfect for a 1031 exchange!
Location
State CA
County Los Angeles
Area C15 - Pacific Palisades
Zoning LARE15
Interior
Heating Central
Cooling CentralAir
Fireplace No
Appliance Barbecue, Dishwasher, Disposal, Refrigerator, Dryer, Washer
Exterior
Garage DoorMulti, Garage
Parking Type DoorMulti, Garage
Total Parking Spaces 3
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 4416019022
Special Listing Condition Standard
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Bought with Roya Shabboui • Rodeo Realty
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