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    770 Paseo Miramar

    Pacific Palisades, CA 90272
    • $8,880,000
    • STATUS: Active
    • ON SITE: 63 days
    • ID#: 21761534
    UPDATED: 52 min ago
    $8,880,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    TROPHY PROPERTY WITH 5.0 CAP in a AAA neighborhood! Rare opportunity with this incredible income-producing property on a long term lease and generating stable above market rent. PROPERTY IS ON A MULTI YEAR LEASE WITH RENTS INCREASING 3% YEARLY. This meticulously crafted & newer built Architectural home is designed by renowned architect Anthony Zubick, AIA. The gated & private 7 Bed, 9 Bath entertainer's home offers UNOBSTRUCTED OCEAN VIEWS FROM THE QUEENS NECKLACE TO DOWNTOWN. A thoughtfully designed floor plan offers panoramic views from nearly every room. Chef's kitchen featuring Wolf and Miele appliances seamlessly flows to dining & family rooms. Floating staircase leads to 4 bedrooms & a luxurious master wing w/dual closets, wrap around deck & world class master bath. Pocketing Fleetwood doors open to an expansive flat yard w/a full kitchen, pool & spa, fire pit, mature trees, & more. SMART HOME by Crestron. Perfect for a 1031 exchange!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T21:31:45.67. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
    www.homesinthehighdesert.com/homes/119366147
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    770 Paseo Miramar Pacific Palisades, CA 90272

    • Price: $8,880,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: 21761534
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    C15 - Pacific Palisades
    County:
    Los Angeles
    Area:
    C15 - Pacific Palisades
    Property Description
    TROPHY PROPERTY WITH 5.0 CAP in a AAA neighborhood! Rare opportunity with this incredible income-producing property on a long term lease and generating stable above market rent. PROPERTY IS ON A MULTI YEAR LEASE WITH RENTS INCREASING 3% YEARLY. This meticulously crafted & newer built Architectural home is designed by renowned architect Anthony Zubick, AIA. The gated & private 7 Bed, 9 Bath entertainer's home offers UNOBSTRUCTED OCEAN VIEWS FROM THE QUEENS NECKLACE TO DOWNTOWN. A thoughtfully designed floor plan offers panoramic views from nearly every room. Chef's kitchen featuring Wolf and Miele appliances seamlessly flows to dining & family rooms. Floating staircase leads to 4 bedrooms & a luxurious master wing w/dual closets, wrap around deck & world class master bath. Pocketing Fleetwood doors open to an expansive flat yard w/a full kitchen, pool & spa, fire pit, mature trees, & more. SMART HOME by Crestron. Perfect for a 1031 exchange!
    Exterior Features

    Parking Features Door-MultiGarage

    Interior Features

    Appliances BarbecueDishwasherDisposalRefrigeratorDryerWasher Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

    Property Features

    Gross Income 556200 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 426253 Senior Community YN No Special Listing Conditions Standard Zoning Lare15

    Listing provided courtesy of Aram Afshar of Coldwell Banker Realty and Craig Shapiro of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T21:31:45.67. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
     
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    Victorville CA, 92395