Seller's Agent in 2025
Emil Alexander Schneeman
Berkshire Hathaway HomeServices California Properties
(310) 230-3700
31 in this area
74 Total Sales
1055 Las Pulgas Rd Pacific Palisades, CA 90272
0.28
Acre
$7,750,541
Price per Acre
12,084
Sq Ft Lot
About This Lot
As of April 2025Be a part of the Palisades Rebuild on this beautiful ocean view property on a quiet street near the Palisades Village. Sited on a 12,000 plus square ft lot in a bucolic setting , the former single story home offers the option to create a nearly 3,000 sq ft home with easy access to the resilient and future community in one of the most beautiful areas along the Pacific Ocean. Phase 1 clean up has been completed by the EPA and the Sellers have opted in to Phase 2 with the Army Corp of Engineers. Property can be accessed and shown with the listing agent, hurry this one won't last!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #01200793 Listed on: 03/14/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $15,520
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 82x148
- Property is zoned LAR1
Property Views
- Ocean
- Mountain
Utilities
- Sewer in Street
Listing and Financial Details
- Assessor Parcel Number 4420-011-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2025
Closed on
Mar 26, 2025
Sold by
Fornaciari Bradford C
Bought by
1055 Las Pulgas Llc
Seller's Agent
Emil Alexander Schneeman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Gary Lee
High Ten Partners, Inc.
List Price
$2,195,000
Sold Price
$2,150,000
Premium/Discount to List
-$45,000
-2.05%
Views
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,361
Avg. Annual Appreciation
66.02%
Purchase Details
Closed on
May 18, 2023
Sold by
Fornaciari Bradford C and Fornaciari Elaine
Bought by
B & E Fornaciari Living Trust
Purchase Details
Closed on
Sep 29, 1993
Sold by
Vanzandt John M and Peck Shannon
Bought by
Fornaciari Bradford C and Fornaciari Elaine Matern
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Interest Rate
7.13%
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,150,000 | California Title Company | |
| Deed | -- | None Listed On Document | |
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $725,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $151,200 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $483,800 | New Conventional | |
| Previous Owner | $80,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $491,050 | New Conventional | |
| Previous Owner | $113,500 | Small Business Administration | |
| Previous Owner | $549,673 | Unknown | |
| Previous Owner | $546,900 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $507,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | Sold | $2,150,000 | -2.1% | $812 / Sq Ft |
| 03/24/2025 03/24/25 | Pending | -- | -- | -- |
| 03/14/2025 03/14/25 | For Sale | $2,195,000 | -- | $829 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $15,520 | $530,740 | $530,740 | -- |
| 2024 | $15,520 | $1,267,362 | $800,513 | $466,849 |
| 2023 | $15,222 | $1,242,513 | $784,817 | $457,696 |
| 2022 | $14,517 | $1,218,151 | $769,429 | $448,722 |
| 2021 | $14,331 | $1,194,267 | $754,343 | $439,924 |
| 2019 | $13,901 | $1,158,847 | $731,970 | $426,877 |
| 2018 | $13,797 | $1,136,125 | $717,618 | $418,507 |
| 2016 | $13,185 | $1,092,009 | $689,753 | $402,256 |
| 2015 | $12,991 | $1,075,607 | $679,393 | $396,214 |
| 2014 | $13,036 | $1,054,538 | $666,085 | $388,453 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2025
Gary Lee
High Ten Partners, Inc.
(626) 462-5658
3 in this area
21 Total Sales
Map
Source: The MLS
MLS Number: 25511747
APN: 4420-011-004
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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