tomo logo

$5,599,999

Beds
6
Baths
6.5
sq ft
4,535

742 Via de la Paz, Pacific Palisades, CA 90272

742 Via de la Paz

Pacific Palisades, CA 90272

  • 56 days on market
    • Price drop $325,001↓
Presenting the Via De La Paz Residence, a stunning architectural home in the heart of Pacific Palisades. Perfectly situated on one of the best streets, the home is nestled between the water and the mountains, short distance to the Pacific Ocean, the Bluffs, and the hiking trails of Temescal Canyon. In addition to its immediate proximity to a number of private and public schools, the La Paz Residence is minutes to the neighborhood's upscale Palisades Village, home to fine dining, boutique shops, movie theater, exercise studios, and grocery stores. The La Paz Residence offers the epitome of the Southern California fresh air indoor/outdoor living lifestyle. The all-glass front opens to soaring 13-ft. ceilings in an open floor plan that continues throughout the house and leads to beautifully customized floor-to-ceiling glass OTIIMA doors that span the entire width of the house. The house includes a gourmet chef's kitchen with a massive 8' x 10' center island with seating for 6, all surrounded by premier appliances which include a BlueStar 10-burner gas stove top, a 6-ft. wide Dacor stainless steel Fridge/Freezer, double ovens, double warming trays, and four pull-drawer Fisher & Paykel dishwashers. The center island also includes two additional Sub-Zero under counter drinks drawers as well as significant storage space. The home has 4 bedrooms and 1 office, all of which are ensuite. In addition, there is a detached below-ground en-suite living space, which can be used as guest quarters, office, music studio, games room, or additional entertainment room.

Details

Property type

Single Family Residence

Est. home value

$5,841,598

Lot size

7,502 sq ft

Price per sq ft

$1,235

Year built

2006

HOA

No

Price History

06/21/2024
CLAW

CLAW #24388136

Price change
$5,599,999
-5.49%
05/06/2024
CLAW

CLAW #24388136

Listed
$5,925,000
04/11/2024
CLAW

CLAW #23327927

Removed
$5,925,000

Schools & Community

Neighborhood: 

Pacific Palisades

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$2,517,066
Asking price
$5,599,999
Closing costs (~8% of asking)
-$448,000
Est. remaining loan balance
-$2,634,933
Cash to seller
$2,517,066

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

Seller’s Loan History

Lender

Change Lending Llc

Loan start date

June 2021

Original loan amount

$2,818,000

Est. remaining balance

$2,634,933

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Carey Nemeth and Melissa Nemeth

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?

Similar Homes Nearby

CLAW
$5,995,000
6 bd
|
6.5 ba
|
5,790 sq ft
|
House

739 20th St, Santa Monica, CA 90402

Price drop
CLAW
$6,195,000
6 bd
|
6 ba
|
5,635 sq ft
|
House

723 10th St, Santa Monica, CA 90402

Price drop
CLAW
$5,579,000
5 bd
|
4.25 ba
|
4,306 sq ft
|
House

18047 Blue Sail Dr, Pacific Palisades, CA 90272

Status: Active

Tomo last checked: 07/01/2024 at 10:40 AM

Listing updated: 06/22/2024 at 3:59 PM

Listed by: Tanya Stawski, Sotheby's International Realty Phone #: (310) 724-7000

MLS: CLAW #24388136

CLAW logo

Recently listed in Pacific Palisades