Updated Aug 17, 2026
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
About this deal
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:
- Property Type: Land
- Transaction Amount: $7,100,000
- Address: 860 Via De La Paz
- Market: Pacific Palisades
- Square Footage: 15,000
- Price per Square Foot: $473
- Buyer: Johnny Buss
- Seller: K. Joseph Shabani & Kamyar Shabani
- Brokers: Janet Neman & Angelica Gotzev - Kidder Mathews
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.
On the Map
$7,100,000
$473/SF
Land
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Players
Pacific Palisades Land Market Snapshot
Boundary boundary · Land · Sale transactions
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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