$1,185,000
SOLD FEB 19, 2025
0.23 Acre
$5,197,368 Price per Acre
9,932 Sq Ft Lot

Recently Sold

$477 Per Sq Ft

19% Above List Price

13 Days on Market

About This Lot

As of February 2025

This piece of land, located in the highly sought-after Palisades Highlands area, offers a rare opportunity to create your dream property. While the land has been impacted by the recent Palisades fire, it presents a blank canvas for visionary buyers ready to reimagine its potential. Seller is looking for serious offers only so they can move on with their lives. With its unparalleled location and proximity to natural beauty, this property is ideal for those with the foresight to invest in and restore a prized piece of Los Angeles real estate. Don't miss the chance to bring new life to this remarkable location. Serious inquiries only, please.

Last Agent to Sell the Property

Richard Schulman

KW SELA License #01427211

KW SELA

Last Buyer's Agent

Meran Solamany

Keller Williams Beverly Hills License #01301571

Keller Williams Beverly Hills

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,276

Year Built

  • 1976

Lot Details

  • 9,932 Sq Ft Lot
  • Lot Dimensions are 143x66
  • Property is zoned LAR1

Property Views

  • Ocean
  • Woods
  • Mountain

Listing and Financial Details

  • Assessor Parcel Number 4431-011-007

Property Details

Property Type

Land

Est. Annual Taxes

$21,276

Year Built

1976

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2280
  • Lot Dimensions: 143x66
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1976

Exterior Features

  • View: Trees/Woods, Tree Top, Mountains, Ocean
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 4431-011-007
  • Lot Size Area: 9932

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Sold $1,185,000 +18.6% $477 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
01/15/2025 01/15/25 For Sale $999,000 -- $402 / Sq Ft
Source: The MLS

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 $21,276 $1,739,116 $1,182,436 $556,680
2023 $20,865 $1,705,016 $1,159,251 $545,765
2022 $19,898 $1,671,585 $1,136,521 $535,064
2021 $19,653 $1,638,810 $1,114,237 $524,573
2019 $19,064 $1,590,204 $1,081,189 $509,015
2018 $18,970 $1,559,025 $1,059,990 $499,035
2016 $18,147 $1,498,487 $1,018,830 $479,657
2015 $17,881 $1,475,980 $1,003,527 $472,453
2014 $17,937 $1,447,069 $983,870 $463,199
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $656,758 VA
Previous Owner $648,550 VA
Previous Owner $776,000 Negative Amortization
Previous Owner $750,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $999,990 Purchase Money Mortgage
Previous Owner $240,000 Purchase Money Mortgage
Closed $100,000 No Value Available
Closed $232,000 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $1,185,000 Monarch Title
Grant Deed $1,541,000 --
Interfamily Deed Transfer -- Gateway Title
Interfamily Deed Transfer -- Gateway Title
Interfamily Deed Transfer -- --
Source: Public Records

Similar Properties in the area

  • 1836 Michael Ln, Pacific Palisades, CA 90272

    $1,199,000

    • Land
    • 0.14 Acre
    • $8,564,286 per Acre
    • 1836 Michael Ln
    • Pacific Palisades, CA

    Reduced and ready to sell! EPA has completed Phase 1 AND Phase 2 debris removal work on the lot have both been completed. Nestled in the highly sought-after Palisades Highlands, this 6,344 SF lot offers breathtaking mountain views and an incredible opportunity to rebuild. With the ability to construct a 3,477 SF home plus an additional 10% bonus, totaling up to 3,825 SF without permitting

    N. Lili Geller Compass

    Section Image
  • 16526 Las Casas Place, Pacific Palisades, CA 90272

    $1,295,000

    • Land
    • 0.16 Acre
    • $8,093,750 per Acre
    • 16526 Las Casas Place
    • Pacific Palisades, CA

    This flat lot is prime for the rebuild and boasts ocean views. At 7307 square feet, the lot will be delivered with Phase II completed by a private contractor, including backfill with clean soil, pool and basement demo/fill, soil engineer certification and full fencing. The rebuilt home will have the advantages of a quiet street and close proximity to schools, shops, restaurants and hiking trails.

    Simon Beardmore Sotheby's International Realty

    Section Image
  • 18105 Wakecrest Dr, Malibu, CA 90265

    $1,550,000

    • Land
    • 0.18 Acre
    • $8,611,111 per Acre
    • 18105 Wakecrest Dr
    • Malibu, CA

    Enjoy sweeping ocean and mountain views, stretching from the iconic Queen's Necklace to Catalina Island. Located in the coveted Sunset Mesa neighborhood, 18105 Wakecrest Dr offers a rare opportunity to build your dream home on an 8,013 sq ft lot. Just minutes from world-class beaches, scenic hiking trails, and the Getty Villa, this prime location combines natural beauty with unbeatable

    Anthony Marguleas Amalfi Estates

    Section Image
  • 645 Palmera Ave, Pacific Palisades, CA 90272

    $1,495,000

    • Land
    • 0.17 Acre
    • $8,794,118 per Acre
    • 645 Palmera Ave
    • Pacific Palisades, CA

    645 Palmera Ave is a 7,738 square foot lot nestled between the highly sought after El Medio Bluffs and Marquez Knolls neighborhoods of Pacific Palisades. The original structure measured 3,400 square feet giving you the opportunity to rebuild a sizable home with an ADU, a yard, and both ocean and mountain views. Per the Seller, there is an opportunity for a 3700+ sqft structure and 500+ sqft ADU

    Courtney Kohl Paulson Berkshire Hathaway HomeServices California Properties

    Section Image
  • 16980 Marquez Ave, Pacific Palisades, CA 90272

    $1,199,000

    • Land
    • 0.19 Acre
    • $6,310,526 per Acre
    • 16980 Marquez Ave
    • Pacific Palisades, CA

    Build your dream home in the special Palisades Community on this 8399 SF Lot with 125.25 FT frontage. The previous home of 4207 SF was built in 2014 with renowned Palisades Architect, Rhonda Geller of BAK Architects, Inc.. Whether you're an investor aiming to maximize value on a luxury build or a homeowner ready to bring your vision to life, your opportunity awaits at 16980 Marquez! Images 2 &

    Meg Ostrow Compass

    Section Image
  • 1116 Galloway St, Pacific Palisades, CA 90272

    $1,500,000

    • Land
    • 0.14 Acre
    • $10,714,286 per Acre
    • 1116 Galloway St
    • Pacific Palisades, CA

    MAJOR price reduction! An exceptional opportunity awaits in the coveted Upper Alphabet Streets. Sited ideally mid-block North of Albright and just a few blocks to Palisades Village shopping and dining, this generously sized 6,502 SF lot has completed the EPA's Phase 1 debris removal, and Phase 2 is also complete with Final Sign Off (FSO) from the Army Corps of Engineers. Sellers were proactive

    Mike Dobbs Keller Williams SELA

    Section Image

Source: The MLS

MLS Number: 25-481841

The MLS

APN: 4431-011-007