$1,738,000
SOLD MAY 28, 2025

1111 Galloway St Pacific Palisades, CA 90272

0.15 Acre
$11,640,991 Price per Acre
6,500 Sq Ft Lot

Recently Sold

$1,309 Per Sq Ft

5% Below List Price

11 Days on Market

About This Lot

As of May 2025

Don't miss this rare chance to own a premier lot in the highly desirable Alphabet Streets neighborhood! Located just moments from the charming Palisades Village, this property offers an exceptional opportunity to build your dream home in an ideal and desirable setting to bring your vision to life. Be part of the exciting resurgence of this iconic community and carry on the memory-making that the Sutton family enjoyed for decades. Phase 1 and 2 debris removal is complete. Tract 9300 applies. NO Coastal Commission. Neither Seller nor Broker/Agents guarantee the accuracy of the square footage, lot size, permits or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information through personal inspections and with the appropriate professionals. See DOCS for Offer Guidelines.

Last Agent to Sell the Property

Michael Edlen

Coldwell Banker Realty License #00902158 Listed on: 05/05/2025

Coldwell Banker Realty

Co-Listed By

Tatiana Weiss

Coldwell Banker Realty License #01751813

Last Buyer's Agent

Yijing Li

Keller Williams Los Angeles License #02241019

Keller Williams Los Angeles

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,623

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Level Lot
  • Property is zoned LAR1

Listing and Financial Details

  • Assessor Parcel Number 4423-004-031

Property Details

Property Type

Land

Est. Annual Taxes

$1,623

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1493
  • Lot Dimensions: 50x130
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 4423-004-031
  • Lot Description: Single Lot
  • Lot Location: Flats
  • Lot Size Area: 6500
  • Topography: Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2025
Closed on
May 21, 2025
Sold by
U/D/T And Known As The Sutton Family Tru and Sutton John E
Bought by
J & O Studio Inc
Seller's Agent
Michael Edlen
Coldwell Banker Realty
Buyer's Agent
Yijing Li
Keller Williams Los Angeles
List Price
$1,825,000
Sold Price
$1,738,000
Premium/Discount to List
-$87,000
-4.77%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
484.72%

Purchase Details

Closed on
May 6, 2004
Sold by
Sutton John E and Sutton Sharon D
Bought by
Sutton John E

Purchase Details

Closed on
Sep 26, 2003
Sold by
Sutton John E and Sutton Sharon D
Bought by
Sutton John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $1,738,000 Equity Title - Los Angeles
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Purchase Money Mortgage
Previous Owner $260,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Sold $1,738,000 -4.8% $1,309 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $1,825,000 -- $1,374 / Sq Ft
Source: The MLS

Tax History Compared to Growth

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
2024 $1,623 $120,598 $89,627 $30,971
2023 $1,598 $118,234 $87,870 $30,364
2022 $1,533 $115,917 $86,148 $29,769
2021 $1,504 $113,645 $84,459 $29,186
2019 $1,461 $110,275 $81,954 $28,321
2018 $1,412 $108,114 $80,348 $27,766
2016 $1,338 $103,918 $77,229 $26,689
2015 $1,319 $102,358 $76,069 $26,289
2014 $1,334 $100,354 $74,579 $25,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25534049

The MLS

APN: 4423-004-031