770 Paseo Miramar, Pacific Palisades, CA 90272
- $8,100,000
- 7
- BD
- 9
- BA
- 7,000
- SqFt
- Sold Price
- $8,100,000
- List Price
- $8,880,000
- Closing Date
- Dec 09, 2021
- MLS#
- 21-761534
- Status
- SOLD
- Type
- Multifamily
- Bedrooms
- 7
- Bathrooms
- 9
- Living Area
- 7,000
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!
Additional Information
- Garage
- Garage - 3 Car
Mortgage Calculator
Courtesy of Coldwell Banker Realty, Aram Afshar. Selling Office: .
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