$1,995,000
$505K PRICE DROP

1027 Kagawa St Pacific Palisades, CA 90272

Estimated payment $13,013/month

Total Views 2,232
0.15 Acre
$13,371,314 Price per Acre
6,501 Sq Ft Lot

About This Lot

Just reduced. Incredible price at $306 per land foot on one of the alphabet streets best streets. 1027 Kagawa offers the chance to build your dream home in one of LA's most sought-after neighborhoods. This 6,500 sq ft lot previously held a 2018-built, newer construction 6,001 sq ft residence with a basement, potentially allowing an expedited permitting process to reconstruct a similarly sized home. Plans may be included with the purchase. Enjoy the great location near top-tier schools, beaches, hiking trails, and a few blocks from the Palisades Village. Phase 2 debris removal has been completed.

Listing Agent

Anthony Marguleas

Amalfi Estates License #01173073 Listed on: 03/11/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $77,895

Lot Details

  • 6,501 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Property is zoned LAR1

Listing and Financial Details

  • Assessor Parcel Number 4423-010-019

Property Details

Property Type

Land

Est. Annual Taxes

$77,895

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1492
  • Lot Dimensions: 50x130
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 4423-010-019
  • Lot Size Area: 6501

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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

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 $77,895 $2,646,569 $2,646,569 --
2024 $77,895 $6,452,510 $3,991,807 $2,460,703
2023 $76,362 $6,325,991 $3,913,537 $2,412,454
2022 $72,770 $6,201,952 $3,836,801 $2,365,151
2021 $71,893 $6,080,346 $3,761,570 $2,318,776
2019 $28,859 $2,444,940 $2,444,940 $0
2018 $28,876 $2,397,000 $1,917,600 $479,400
2016 $1,373 $106,608 $77,229 $29,379
2015 $1,405 $105,007 $76,069 $28,938
2014 $1,369 $102,951 $74,579 $28,372
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2025 04/05/25 Price Changed $1,995,000 -13.3% --
03/26/2025 03/26/25 Price Changed $2,300,000 -8.0% --
03/11/2025 03/11/25 For Sale $2,500,000 -57.6% --
02/28/2019 02/28/19 Sold $5,900,000 -0.8% $983 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $5,950,000 -- $992 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $5,900,000 Fidelity National Title Co
Grant Deed $2,350,000 Equity Title Los Angeles
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 Small Business Administration
Previous Owner $400,000 Construction
Previous Owner $650,000 Unknown
Previous Owner $3,200,000 Construction
Previous Owner $250,000 Credit Line Revolving
Previous Owner $190,000 Unknown
Previous Owner $186,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Source: The MLS

MLS Number: 25510003

The MLS

APN: 4423-010-019