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Sold for $6,000,000 · Oct 2022

SOLD

Listed at $6,995,000

Sold

1422 LACHMAN Lane, Pacific Palisades, CA 90272

Pacific Palisades, CA

MLS# 22124033

8,552 Sq Ft • Single Family Home5bd • 7ba
214 days on market

Listing Agent

Alexander Radosevic

Listing Agent

Canon Business Properties, Inc.

DRE #: 01323996

Brokerage: Canon Business Properties, Inc.

Property Details

5

Bedrooms

7

Bathrooms

8,552 sqft

Square Feet

N/A

Year Built

0.44 acres

Lot Size

$702

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

Rare opportunity on the upper Lachman Lane rim in Pacific Palisades with jetliner views of Downtown Los Angeles, Santa Monica Pier, Palos Verdes, Catalina Island & even more coastline towards Malibu! Build your dream view home on this 19,075 square foot lot and own a highly desired property set to enjoy some of the best views in all of Los Angeles. Seller is in the process of securing approved plans & permits for a 8,552 square foot modern residence consisting of 5,590 square foot on the ground floor plus 768 square foot garage and a 2,194 square foot basement. The ground floor was designed with 5 bedrooms, 4 bathrooms, one powder room, kitchen, dining room, and living room. The basement features a fitness room, screening room, spa bathroom with sauna, and additional half bathroom. Structural plans, interior design package, and (4) general contractor estimates shall be included. Ready to build now or modify the design as you desire. Note: Existing renderings are for the previously approved plans. Renderings for the revised plans are in progress.

Listing description from the October 2022 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2
Heating
Central
View
CityLights, Coastline, Ocean

Sale history for 1422 LACHMAN Lane

4 recorded sales

$6,000,000
Sold October 2022 · listed $6,995,000, on market February 2022, 214 days on market · MLS #22124033 · Source: CRMLS
Listing Agent: Alexander Radosevic · Listing Office: Canon Business Properties, Inc. · Contact: 310-273-1975 · Bought with: Anne Leeds · Compass
$5,450,000
Sold December 2020 · listed $5,750,000, on market July 2020, 105 days on market · MLS #20609966 · Source: CRMLS
Listing Agent: Gregory Dean · Listing Office: The Dean Company · Contact: 310-502-5002 · Bought with: Alexander Radosevic · Canon Business Properties, Inc.
$5,875,000
Sold July 2018 · listed $5,995,000, on market April 2018, 36 days on market · MLS #18335314 · Source: CRMLS
Listing Agent: Ali Rassekhi · Listing Office: Coldwell Banker Realty · Contact: 310-458-0091 · Bought with: Gregory Dean · The Dean Company
$2,840,000
Sold July 2013 · listed $2,899,000, on market April 2013, 52 days on market · MLS #13666541 · Source: CRMLS
Listing Agent: Ali Rassekhi · Listing Office: Coldwell Banker Realty · Contact: 310-458-0091 · Bought with: Marek Swiderski · Coldwell Banker Realty

How this sale compares

1422 LACHMAN Lane sold for $6,000,000 in October 2022, 14% under its $6,995,000 list price, after 214 days on the market. That works out to $702 per square foot on 8,552 square feet. Across 274 closed sales in 90272 over the last 12 months, the median sold price is $1,970,000 and the median is $1,016 per square foot, 45% above this sale's $702.

$702
This sale, per sq ft
$1,016
90272 median per sq ft (12 mo)
$1,970,000
90272 median sold price (12 mo)
274
Closed sales in 90272 (12 mo)
214
Days on market
−14%
Sold vs. list price
QuarterClosed sales in 90272Median sold price
Q1 202632$1,716,000
Q2 2026146$2,002,500
Q3 202675$1,919,000
Q4 202621$2,200,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Pacific Palisades · Homes for sale in 90272

Recent sales near 1422 LACHMAN Lane

Closed sales reported in 90272, nearest first, last 12 months. All recent sales in Pacific Palisades →

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CRMLS

MLS# 22124033

Listed: 2/2/2022

© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of 10/28/2022. 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.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Canon Business Properties, Inc.

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.