NOT LISTED FOR SALE

Estimated Value: $1,423,000 - $2,218,179

0.15 Acres
$11,879,310 Price per Acre
6,501 Sq Ft Lot

Sale Details

Date Sold: September 16, 2025

Last sale price $1,650,000 $434 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $13,625 / mo

6 Days on Market

About This Lot

As of September 2025

An exceptional opportunity to build on the coveted even side of Iliff Street, one of the most desirable locations in the Pacific Palisades. Located in the heart of the desirable Alphabet Streets, this prime vacant lot offers approximately 6,501 of flat, buildable land perfect for designing a custom estate with ample privacy, luxury, and functionality. The property is ideally situated just moments from the Palisades Village, beaches, and hiking trails. Whether you're an end user or developer, this is a rare chance to create something truly special in one of the Westside's most sought-after neighborhoods. Phase 1 environmental assessment has been completed. Don't miss the opportunity to bring your dream home to life in this iconic coastal community.

Last Agent to Sell the Property

Richard Ehrlich

Carolwood Estates License #01267136 Listed on: 06/09/2025

Carolwood Estates

Last Buyer's Agent

Adam Kanizo

Paloma Realty Partners, Inc. License #02008361

Property Details

Property Type

  • Land

Lot Details

  • 6,501 Sq Ft Lot
  • Property is zoned LAR1

Listing and Financial Details

  • Assessor Parcel Number 4423-022-024

Property Details

Property Type

Land

Lot Details

6,501 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1492
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4423-022-024
  • Lot Size Area: 6501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2025
Closed on
Sep 12, 2025
Sold by
Blank Paul and Blank Nicole
Bought by
Montano Trevor Joseph
Seller's Agent
Richard Ehrlich
Carolwood Estates
Buyer's Agent
Adam Kanizo
Paloma Realty Partners, Inc.
List Price
$1,800,000
Sold Price
$1,650,000
Premium/Discount to List
-$150,000
-8.33%
Views
7
Current Estimated Value
$1,772,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,393
Avg. Annual Appreciation
12.89%
Original Mortgage
$1,237,500
Outstanding Balance
$750,777
Interest Rate
6.72%
Mortgage Type
Construction
Estimated Equity
$1,021,616

Purchase Details

Listed on
Apr 25, 2014
Closed on
May 15, 2014
Sold by
Grenier Michael B and Grenier Amy W
Bought by
Blank Paul and Blank Nicole
Seller's Agent
Clara Yang
Sotheby's International Realty
Buyer's Agent
Richard Ehrlich
Carolwood Estates
List Price
$3,495,000
Sold Price
$3,550,000
Premium/Discount to List
$55,000
1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.55%
Original Mortgage
$2,662,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2008
Sold by
Kedeshian Paul A and Kedeshian Kim D
Bought by
Grenier Michael B and Grenier Amy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2006
Sold by
930 Iliff Llc
Bought by
Kedeshian Paul A and Kedeshian Kim D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$931,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Montano Trevor Joseph $1,650,000 Provident Title Company
Blank Paul $3,550,000 Equity Title Co
Grenier Michael B $3,600,000 Equity Title Los Angeles
Kedeshian Paul A $1,330,000 Equity Title Company
930 Iliff Llc -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montano Trevor Joseph $1,237,500
Previous Owner Blank Paul $2,662,500
Previous Owner Grenier Michael B $2,500,000
Previous Owner Kedeshian Paul A $931,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2025 09/16/25 Sold $1,650,000 -8.3% $434 / Sq Ft
06/15/2025 06/15/25 Pending -- -- --
06/09/2025 06/09/25 For Sale $1,800,000 -49.3% $473 / Sq Ft
05/30/2014 05/30/14 Sold $3,550,000 +1.6% $933 / Sq Ft View Prior Sale
04/29/2014 04/29/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $3,495,000 -- $919 / 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
2025 $51,512 $1,557,523 $1,557,523 --
2024 $51,512 $4,266,475 $2,349,205 $1,917,270
2023 $50,500 $4,182,820 $2,303,143 $1,879,677
2022 $48,126 $4,100,805 $2,257,984 $1,842,821
2021 $47,546 $4,020,398 $2,213,710 $1,806,688
2019 $46,104 $3,901,152 $2,148,051 $1,753,101
2018 $45,970 $3,824,660 $2,105,933 $1,718,727
2016 $43,984 $3,676,146 $2,024,158 $1,651,988
2015 $43,331 $3,620,928 $1,993,754 $1,627,174
2014 $41,616 $3,400,000 $1,537,700 $1,862,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25549405

The MLS

APN: 4423-022-024

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