new - 6 hours on rocket

1159 Lachman Ln, Pacific Palisades, CA, 90272

$4,799,000

5 Bedrooms
4 Full Baths, 1 Partial
3,257 SqFt
$1,473/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingConverted Garage, Direct Access, Garage
Garage2 spaces
HeatingCentral, Natural Gas
CoolingCentral Air, Dual
FireplaceLiving Room
ViewIsland, City Lights, Other, Ocean, Pier, Water
MLS #24466107
Lot Size0.34 Acres
StatusActive

About 1159 Lachman Ln

Breathtaking Panoramic Ocean, City, and Catalina Island Views From This Newly Renovated 2-Story Modern Home on an Expansive 14,000+ SqFt Lot. This is a great opportunity to acquire an elegant, move-in-ready residence in the highly sought-after Marquez Knolls neighborhood of Pacific Palisades. Upon entry, you'll be welcomed by a spacious first floor, featuring a great room with fireplace, dining area, soaring ceilings and advanced home systems. Enjoy breathtaking ocean and city views while preparing meals in the sleek, modern kitchen that effortlessly connects to the expansive backyard. On the second floor, you'll find four generously-sized bedrooms, each offering spectacular views of the ocean, Catalina Island, and the city skyline. Positioned on a large, predominantly flat lot, this home provides both privacy and unobstructed, head-on ocean views. This property also holds immense potential for further development. With its flat terrain, there's an opportunity to expand the living space and enhance the already impressive ocean and city views. Whether you choose to expand the existing structure or create a private gated retreat, the possibilities are endless.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Stories: 2
  • Living Area: 3,257 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 454-1111
  • Listing Agent: Ali Rassekhi

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Dryer, Washer
  • Interior: Separate/Formal Dining Room
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Island, City Lights, Other, Ocean, Pier, Water

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Converted Garage, Direct Access, Garage

Lot Features

Lot Information:

  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Dual

Other

Directions Information:

  • Directions: Sunset to Bienveneda Left on Akron, Right on Lachman Lane.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,799,000
  • Price Per SqFt: $1,473/SqFt

Tax Information:

  • Annual Amount: $3,425
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1159 Lachman Ln vs Los Angeles

1 DAY ON ROCKET

-37 Days

$4,799,000

+$3.7M More

$1,473/SqFt

+$832 More

KEY TAKEAWAY

This property is $3.7M more than the Median Sold Price and $832/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24466107

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 454-1111
  • Listing Agent: Ali Rassekhi

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,425$250,008
2020$3,331$247,445
2019$3,226$242,594
2018$3,164$237,839
2017$3,164$233,176

History based on county public records data.

Payment Calculator

$24K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$14.4K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-451864
7
/10
  • Marquez Charter Elementary School

  • 16821 Marquez Ave

  • 0.77 miles

  • Public Charter Grades KG-5

school-card-donut-451865
8
/10
  • Palisades Charter Elementary

  • 800 Via De La Paz

  • 1.38 miles

  • Public Charter Grades KG-5

school-card-donut-451866
8
/10
  • Canyon Charter Elementary

  • 421 Entrada Dr

  • 2.65 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $147,292. The most common annual income of people living in Los Angeles, CA is $200k+. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1159 Lachman Ln

What is the listing price of this property?

The listing price of 1159 Lachman Ln property is $4,799,000.

What type of property is this?

The property 1159 Lachman Ln is a house located in Pacific Palisades, California, 90272.

Is this property for sale now?

Active Listing: 1159 Lachman Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,425 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1159 Lachman Ln has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 1159 Lachman Ln is 3,257 SqFt (source: MLS/tax record).
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles902721159 Lachman Ln

This home is located at 1159 Lachman Ln in Pacific Palisades, CA and zip code 90272 in the Pacific Palisades neighborhood. This 3,257 square foot home sits on a 0.34 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $4,799,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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