1150 Kagawa St Pacific Palisades, CA 90272
Estimated payment $15,645/month
About This Lot
An exceptional opportunity to build in one of the most desirable locations in the Palisades. Situated at the top of Kagawa where the street meets Bestor Blvd., this prime lot offers a tranquil setting with unparalleled potential. Previously home to a residence with ocean views, the property now presents a blank canvas for creating a custom masterpiece. With a thoughtfully designed two-story build, the original panoramic vistas can be restored. Adding to its appeal, the property features a gorgeous, undamaged pool, offering a rare advantage for future development. This quiet yet well-connected location is within walking distance of Palisades Village and provides direct access to the Temescal hiking trail system. Whether you are an investor or a homeowner looking to create a one-of-a-kind residence, this is a rare chance to develop in a highly sought-after neighborhood. Don't miss the opportunity to bring your vision to life in this exceptional Palisades setting.
Listing Agent
Berkshire Hathaway HomeServices California Properties License #01352397 Listed on: 03/10/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $32,119
Lot Details
- 5,620 Sq Ft Lot
- Property is zoned LAR1
Utilities
- Sewer in Street
Listing and Financial Details
- Assessor Parcel Number 4423-008-021
Map
Home Values in the Area
Average Home Value in this Area
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 | $32,119 | $1,387,893 | $1,387,893 | -- |
| 2024 | $32,119 | $2,659,096 | $2,093,353 | $565,743 |
| 2023 | $31,490 | $2,606,957 | $2,052,307 | $554,650 |
| 2022 | $30,012 | $2,555,841 | $2,012,066 | $543,775 |
| 2021 | $29,649 | $2,505,727 | $1,972,614 | $533,113 |
| 2019 | $28,751 | $2,431,407 | $1,914,106 | $517,301 |
| 2018 | $28,676 | $2,383,733 | $1,876,575 | $507,158 |
| 2016 | $27,439 | $2,291,171 | $1,803,706 | $487,465 |
| 2015 | $27,032 | $2,256,756 | $1,776,613 | $480,143 |
| 2014 | $26,719 | $2,180,700 | $1,717,100 | $463,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | Price Changed | $2,380,000 | -4.7% | -- |
| 03/10/2025 03/10/25 | For Sale | $2,498,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,995,000 | Lawyers Title Company | |
| Grant Deed | $1,850,000 | California Title Company | |
| Interfamily Deed Transfer | -- | California Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Grant Deed | $1,362,500 | Gateway Title Company | |
| Grant Deed | $655,000 | Equity Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $898,460 | Adjustable Rate Mortgage/ARM | |
| Closed | $900,000 | New Conventional | |
| Closed | $900,000 | New Conventional | |
| Closed | $900,000 | New Conventional | |
| Closed | $900,000 | New Conventional | |
| Closed | $100,000 | Credit Line Revolving | |
| Closed | $96,000 | Credit Line Revolving | |
| Closed | $1,500,000 | Purchase Money Mortgage | |
| Previous Owner | $1,387,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $1,000,000 | New Conventional | |
| Previous Owner | $1,362,500 | No Value Available | |
| Previous Owner | $775,000 | Unknown | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $524,000 | No Value Available |
Source: The MLS
MLS Number: 25505593
APN: 4423-008-021
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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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