tomo logo

$13,795,000

Beds
7
Baths
9.0
sq ft
10,929

932 Rivas Canyon Rd, Pacific Palisades, CA 90272

932 Rivas Canyon Rd

Pacific Palisades, CA 90272

  • 368 days on market
    • Price drop $200,000↓
Welcome to 932 Rivas Canyon in Pacific Palisades, a modern contemporary estate on an exclusive private street. As you enter through the long gated private drive to the motor court, you'll be impressed by the blend of indoor and outdoor living spaces this magnificent home offers. The dramatic two-story entry leads to the living area, surrounded by natural light and breathtaking views of the lush greenery outside. The large kitchen and dining area are perfect for entertaining guests, with ample space for all your culinary needs. The primary suite is a true oasis, featuring a sitting room, fireplace, large bathroom, and two generously sized closets. The motorized Fleetwood doors allow you to bring the outdoors in, creating a seamless transition between the indoors and the beautiful natural surroundings outside. An elevator connects all three levels of this stunning home, providing easy access to the media room, 3-car garage, and rooftop level. The rooftop level boasts a pool, putting green, BBQ area, and generous lounge areas, all with stunning views of the verdant Rustic Canyon neighborhood. The property also has a detached staff room/bath. Located near Will Rogers Park, where you can enjoy various outdoor activities. Unique opportunity to own a truly exceptional property in one of the most desirable neighborhoods in Pacific Palisades. Also available for lease at $49K/month or short-term with a premium.

Details

Property type

Single Family Residence

Est. home value

$16,009,813

Lot size

0.7549 acres

Price per sq ft

$1,263

Year built

2009

Price History

02/28/2024
CLAW

CLAW #23258931

Price change
$13,795,000
-1.43%
01/02/2024
CLAW

CLAW #23258931

Listed
$13,995,000

Schools & Community

Neighborhood: 

Pacific Palisades

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

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

Us Bank Na

Loan start date

October 2021

Original loan amount

$7,300,000

Est. remaining balance

$6,902,118

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Amarjit Shokeen and Ramesh Kuamri Shokeen

Lender

Us Bank Na

Loan start date

June 2020

Original loan amount

$7,265,000

Est. remaining balance

Not provided

Interest rate

2.62%

Loan type

New Conventional, 30 year

Seller

Amarjit Shokeen and Ramesh Kumari Shokeen

Lender

Us Bank Na

Loan start date

November 2016

Original loan amount

$7,822,500

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Amarjit Shokeen and Ramesh Kumari Shokeen

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?

Status: Active

Tomo last checked: 04/16/2024 at 4:05 PM

Listing updated: 04/02/2024 at 3:41 PM

Listed by: Philip Martin, Westside Estate Agency Inc. Phone #: (310) 247-7770

MLS: CLAW #23258931

CLAW logo

Recently listed in Pacific Palisades

tomo logo
  • © 2024 Tomo Real Estate
  • 1424 11th Ave, Suite 201, Seattle, WA 98122
  • (404) 738-5385

Resources

BlogTomo Mortgage

Tomo Real Estate for sale

Disclaimers

mls-logo

The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 The MLS/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.