1017 Kagawa St Pacific Palisades, CA 90272
Pacific Palisades NeighborhoodEstimated payment $12,451/month
Total Views
140
0.15
Acre
$12,633,333
Price per Acre
6,500
Sq Ft Lot
About This Lot
Prime 6,500 square foot lot in Pacific Palisades' Alphabet Streets, with phase 1 and 2 fully completed. The previous home was a 2023 new construction 5-bedroom, 5.5-bathroom residence spanning 4,350 square feet with large ocean view roof top deck. Fast-track permitting allows for an additional 10% increase in square footage above grade with potential for larger if someone chooses to go subterranean. Purchase can include previous stamped plans, design package, and all previously necessary building documents. The pool appears to still be intact along with the front fence and gate. A rare opportunity to create your dream home for millions less than previous $6,850,000 sales price. We have a list of builders including the previous builder ready to jump on board and help build back this home and community. Part of Tract 9300, Civic League applies.
Property Details
Property Type
- Land
Est. Annual Taxes
- $82,508
Year Built
- 1928
Lot Details
- 6,500 Sq Ft Lot
- Lot Dimensions are 50x130
- Property is zoned LAR1
Listing and Financial Details
- Assessor Parcel Number 4423-010-021
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $82,508 | $6,850,000 | $5,480,000 | $1,370,000 |
| 2023 | $35,897 | $2,965,140 | $2,372,112 | $593,028 |
| 2022 | $34,213 | $2,907,000 | $2,325,600 | $581,400 |
| 2021 | $2,107 | $159,856 | $84,459 | $75,397 |
| 2020 | $2,122 | $158,217 | $83,593 | $74,624 |
| 2019 | $2,047 | $155,115 | $81,954 | $73,161 |
| 2018 | $1,998 | $152,075 | $80,348 | $71,727 |
| 2016 | $1,886 | $146,172 | $77,229 | $68,943 |
| 2015 | $1,860 | $143,977 | $76,069 | $67,908 |
| 2014 | $1,876 | $141,157 | $74,579 | $66,578 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | For Sale | $1,895,000 | -72.3% | -- |
| 09/18/2023 09/18/23 | Sold | $6,850,000 | 0.0% | $1,575 / Sq Ft |
| 08/05/2023 08/05/23 | Pending | -- | -- | -- |
| 07/13/2023 07/13/23 | For Sale | $6,850,000 | -- | $1,575 / Sq Ft |
Source: The MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $6,850,000 | Lawyers Title Company | |
| Grant Deed | $2,850,000 | Equity Title Los Angeles | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $700,000 | New Conventional | |
| Previous Owner | $700,000 | Unknown | |
| Previous Owner | $1,425,000 | New Conventional | |
| Previous Owner | $335,000 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $250,000 | Credit Line Revolving |
Source: Public Records
Similar Properties in Pacific Palisades, CA
Source: The MLS
MLS Number: 25529921
APN: 4423-010-021
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