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860 Via De La Paz

Johnny Buss Acquires Land In Pacific Palisades For $7.1M With Brokers Janet Neman & Angelica Gotzev
SOLDLand

Johnny Buss Acquires Land In Pacific Palisades For $7.1M With Brokers Janet Neman & Angelica Gotzev

860 Via De La Paz

$7,100,000

$473/SF

Building Size

15,000 SF

Asset Type

Land

Closing

Aug 11, 2026

AI

The property asset involved in this transaction is a land parcel located at 860 Via De La Paz in the Pacific Palisades market. The sale was concluded at a price of $7,100,000, with a total square footage of 15,000. The price per square foot for this transaction was recorded at $473.

Summary of transaction details:

This transaction involved key individuals including the buyer, Johnny Buss, and sellers, K. Joseph Shabani and Kamyar Shabani. The brokers representing the sellers were Janet Neman and Angelica Gotzev from Kidder Mathews, who facilitated the deal.

Players

Janet Neman

Kidder Mathews

Broker

$511.2M

vol

29 deals

Broker

Johnny Buss

Buyer

$9.3M

vol

2 deals

Buyer
Kamyar Shabani

Kamyar Shabani

Seller

$174.7M

vol

15 deals

Seller

Pacific Palisades Land Market Snapshot

Boundary boundary · Land · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.23%

Cash-on-Cash

-0.64%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93