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685 AMALFI Drive
Pacific Palisades, California CA 90272
Price: $3,995,000
Est. Monthly Payment: $20,372.38 See Details
Listing ID 14815647 6 Bedrooms 5 Full Baths 1 Partial Baths 6,860 Square Feet 0.287 Acres

Property Description:

Construction in progress, restoration and upgrade of historic multi-level Palazzo. Out-of-state trustee says offer it to local buyer or developer to bring project to completion. Priced to sell promptly, rare opportunity to acquire at a bargain price a large, prestige home in prime Palisades Riviera location. Once owned by a major motion picture studio, was a famous celebrity party home during Hollywood's Golden Age of the 1930's. Magnificent, picturesque, panoramic views of ocean, canyon and mountains. Structural portion of Phase 1 is nearly finished. Per owner, this consists of 6,860 sf on 3 levels and includes 5-6 BR, 6 BA, grand living/ballroom, music, bar, formal dining, chef's kitchen and large viewing decks. Phase 2 will add theater, wine cellar, maid's, gym, 6-car garage; 3,450 new sf for a total of 10,310 sf. Plans for elevator will connect these new lower floors to living areas in the house above. A very beautiful, stylish home in progress, once-in-a-lifetime opportunity!
{"zipcode": "90272", "price": "3995000"}
Down Payment
Credit Score
Points
Loan Amount
Loan Type

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Primary Features

Appliances: None
Area: Pacific Palisades (C15)
Building Structure Style: Other
Cooling Type: None
County: Los Angeles
Days on Market: 833
Elementary School: Check with City
Heating Type: None
High School: Check with City
Interior Features: Bar
Junior Middle School: Check with City
Legal Disclosures: Take Property As Is, Cautions Call Agent, CC and R, City Inspection Required, Soils Report, CommissionToBuyerAgent
Price Per Sqft: 582.36
Property Sub Type: Single Family
Property Type: Residential
Security Safety: Gated Community
Special Conditions: Standard Sale
View Details: Canyon View, Mountain View, Ocean View, Tree Top View
Zoning: LARE11

Location Information

Country: UNITED STATES OF AMERICA

Interior Features

Bath Half: 1
Bathroom Features: Powder Room
Floor Material: Other
Rooms: Dining Room, Master Bedroom, Other, BonusRoom, Entry, LivingRoom, Study/Office, Walk-In Closet
Total Floors: 3

External Features

Covered Spaces Total: 2.00
Parking Spaces Total: 2.00
Parking Type: Garage - 4+ Doors
Patio Features: Covered Porch
Sewer: In Street Paid

Additional

Common Walls: Detached/No Common Walls
Laundry Locations: None
Lot Size Source: Public Records
Square Footage Source: Seller

Financial Details

Buyer Financing: Cash, Cash to New Loan
Listing Terms: Cash, Cash To New Loan
Original List Price: 3995000.00

Zoning Info


Listing courtesy of Michael Edlen (00902158) from Coldwell Banker Residential Brokerage.
Based on information from CARETS as of Wednesday, March 22nd, 2017 02:48:22 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Contact - Listing ID 14815647

Michael Gardner

23405 Pacific Coast Highway
Malibu, CA 92065
Phone: 3106998428

Data services provided by IDX Broker
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