770 PASEO MIRAMAR

Pacific Palisades, CA 90272

$8,880,000
7
beds
Multi Family Townhouse

AGENTS

Douglas Elliman
Douglas Elliman
Source of Data:
California Real Estate Technology Services

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!
Show MoreShow Less

PROPERTY DETAILS

  • Interior
    7,000 Sq Ft.
  • Property Type
    Multi Family Townhouse
  • MLS/Listing ID
    21761534
  • Days On Market
    67

Amenities

  • Central Air Conditioning
  • Terrace
Show MoreShow Less

BUILDING/PROPERTY DETAILS

  • Air Conditioning
Show MoreShow Less
Listing Courtesy of Coldwell Banker Realty, Aram Afshar - 01484569 and Craig Shapiro - 01904168

LOCATION

Google Map Loading...
TRAVEL TIMEFROM770 Paseo Miramar
TYPE OF TRANSPORTATION