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$8,900,000

Beds
2
Baths
2.5
sq ft
Unknown

199 Chautauqua Blvd, Pacific Palisades, CA 90272

199 Chautauqua Blvd

Pacific Palisades, CA 90272

  • 118 days on market
Development opportunity to build a 10,000 square foot house with Ocean views plus a Case Study guest house already in place: The West House (Case Study House #18), 1948, Rodney Walker Design. A National Register of Historic Places treasure. John Entenza's Case Study Houses #'s 8, 9, 18, & 20 by Charles Eames, Eero Saarinen, Rodney Walker, and Richard Neutra are here together, at the edge of the continent, on a bluff in Pacific Palisades. This enclave of architecture, if open to the public, would be a sure contender to be a UNESCO World Heritage Site. With the properties privately owned, and in strong hands, that is not to be. But with this offering one aficionado can join the club. Today, of the four Case Study Houses, Walker's is the only one oriented to ocean vistas which are omnipresent from first opening the front door, and throughout the house. The residence, in keeping with the Case Study Program, is modest with an open plan living/dining area with eleven-foot ceilings, 2 bedrooms, 2.5 baths, a den/office, and a uniquely Rodney Walker indoor/outdoor garden room. It is an ideal close-in getaway just a few minutes' walk to the beach.

Details

Property type

Single Family Residence

Est. home value

$9,228,205

Lot size

0.5281 acres

Price per sq ft

Unknown

Year built

1948

HOA

No

Price History

03/04/2024
CLAW

CLAW #24364373

Listed
$8,900,000
+36.92%
07/20/2015
CLAW

CLAW #15904779

Sold
$6,500,000

Schools & Community

Neighborhood: 

Pacific Palisades

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

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

Seller could get up to

$5,140,339
Asking price
$8,900,000
Closing costs (~8% of asking)
-$712,000
Est. remaining loan balance
-$3,047,661
Cash to seller
$5,140,339

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

December 2016

Original loan amount

$5,200,000

Est. remaining balance

$3,047,661

Interest rate

2.78%

Loan type

New Conventional, 16 year

Seller

Yetta Merrill Levitas and Yetta Merrill Levitas Living Trust

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: 07/01/2024 at 11:10 AM

Listing updated: 06/06/2024 at 1:53 PM

Listed by: Crosby Doe, Crosby Doe Associates, Inc. Phone #: (310) 275-2222

MLS: CLAW #24364373

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