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$5,995,000

Beds
5
Baths
5.5
sq ft
4,492

1050 Iliff St, Pacific Palisades, CA 90272

1050 Iliff St

Pacific Palisades, CA 90272

  • 60 days on market
    • Price drop $400,000↓
Superb location in the highly sought after alphabet streets in the heart of the Pacific Palisades just blocks to the coveted Palisades Village and highly rated schools. Sensational, 2-story Farmhouse built by Thomas James Homes with quality and style that radiate elegance. The gracious open floor plan and flowing layout set the stage for this masterpiece. The inviting entry leads to the expansive great room with a cozy fireplace, breakfast nook with a built-in buffet, and the chef's inspired kitchen equipped with top-of-the-line appliances and large island with bar seating. Large sliding doors in the kitchen open to the backyard with a sunny patio and built-in BBQ perfect for entertaining and dining al fresco. Off the kitchen is the butler's pantry that flows into the glorious walk-in pantry and opens to the formal dining room. The front wing of the first floor has a secondary bedroom with a walk-in closet, a powder room, full bath, and a mud room off the garage. The generous guest suite has a wet bar, private living space with a sliding door to the front patio, a bedroom with ensuite bathroom and a good-sized closet. The second floor has a fabulous loft with a built-in desk, laundry room with a large storage closet, and two secondary bedrooms both with walk-in closets and ensuite bathrooms. The grand suite is light and bright and has two sizable walk-in closets. The opulent grand bath has a freestanding tub, walk-in shower, and dual sink vanity. New TJH homeowners will receive a complimentary 1-year membership to Inspirato, a leader in luxury travel.

Details

Property type

Single Family Residence

Est. home value

$3,924,315

Property condition

New Construction

Lot size

6,501 sq ft

Price per sq ft

$1,335

Year built

2024

HOA

No

Price History

10/04/2024
CLAW

CLAW #24436625

Price change
$5,995,000
-6.25%
09/06/2024
CLAW

CLAW #24436625

Listed
$6,395,000
+6.67%
06/11/2024
CLAW

CLAW #24402087

Removed
$5,995,000

Schools & Community

Neighborhood: 

Pacific Palisades

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Genesis Capital Llc

Loan start date

September 2022

Original loan amount

$4,301,800

Est. remaining balance

Not provided

Interest rate

5.51%

Loan type

Building or Construction Loan

Seller

La21G Llc

Lender

Genesis Capital Llc

Loan start date

September 2022

Original loan amount

$4,301,800

Est. remaining balance

Not provided

Interest rate

5.51%

Loan type

Building or Construction Loan

Seller

La21G Llc

Lender

Genesis Capital Llc

Loan start date

June 2022

Original loan amount

$2,805,000

Est. remaining balance

Not provided

Interest rate

5%

Loan type

Commercial

Seller

La21G Llc

Lender

Genesis Capital Llc

Loan start date

June 2022

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

5%

Loan type

Commercial

Seller

La21G Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 5:50 AM

Listing updated: 10/28/2024 at 11:20 AM

Listed by: Jacqueline Chernov, Compass Phone #: (310) 395-7090

MLS: CLAW #24436625

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