$2,495,000
$255K PRICE DROP

1224 Lachman Ln Pacific Palisades, CA 90272

Estimated payment $15,009/month

Total Views 2,083
0.21 Acre
$11,995,192 Price per Acre
9,061 Sq Ft Lot

About This Lot

Exceptional View Lot Situated in the highly desirable upper Marquez Knolls neighborhood. This remarkable 9,000+ square foot lot offers breathtaking panoramic views overlooking the San Bernardino Mountains, downtown Los Angeles, and stretching across the city basin to the iconic Queen's Necklace from Palos Verdes to Malibu. The expansive vista encompasses the full splendor of the Santa Monica Bay and Catalina Island, providing a truly spectacular backdrop. Located less than a 10-minute walk from a trailhead into the Santa Monica Mountains National Recreation Area, residents have direct access to scenic hiking trails connecting to Temescal Canyon, Will Rogers State Park, and the Backbone Trail leading to Ventura County. The property is also within walking distance to the charming Palisades Village and Will Rogers State Beach, offering convenient access to shopping, dining, and outdoor recreation. Prior to the fire, the lot featured a spacious 3,400 square foot single-level home with 3 bedrooms and 4.5 baths. The residence boasted a large kitchen and family room, an open dining and living great room, a den/office, expansive patio, and a 2-car garage. The owners have maintained and will include full plans for a comprehensive remodel from studs and slab completed in 2006, providing a seamless foundation for new construction or renovation.In addition to its stunning views and prime location, this lot offers privacy, tranquility, and close access to multiple public and private schools making it a perfect opportunity.

Listing Agent

Joseph Babajian

Rodeo Realty License #00813384 Listed on: 07/11/2025

Rodeo Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,239

Lot Details

  • 9,061 Sq Ft Lot
  • Property is zoned LARE15

Property Views

  • Ocean
  • City Lights
  • Canyon

Listing and Financial Details

  • Assessor Parcel Number 4420-023-009

Property Details

Property Type

Land

Est. Annual Taxes

$18,239

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2080
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon, City Lights, Ocean
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 4420-023-009
  • Lot Size Area: 9061

Map

Range of Values:

Collateral Analytics

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ICE

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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 $18,239 $622,736 $622,736 --
2024 $18,239 $1,480,213 $939,269 $540,944
2023 $17,890 $1,451,190 $920,852 $530,338
2022 $17,066 $1,422,737 $902,797 $519,940
2021 $16,848 $1,394,842 $885,096 $509,746
2019 $16,346 $1,353,473 $858,845 $494,628
2018 $16,211 $1,326,935 $842,005 $484,930
2016 $15,493 $1,275,410 $809,310 $466,100
2015 $15,267 $1,256,253 $797,154 $459,099
2014 $15,315 $1,231,645 $781,539 $450,106
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Price Changed $2,495,000 -9.3% --
07/11/2025 07/11/25 For Sale $2,750,000 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $899,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 New Conventional
Closed $1,000,000 Credit Line Revolving
Closed $900,000 New Conventional
Closed $1,000,000 New Conventional
Closed $1,000,000 Credit Line Revolving
Closed $1,000,000 Unknown
Closed $700,000 Credit Line Revolving
Closed $500,000 Credit Line Revolving
Closed $695,000 Unknown
Closed $84,713 Credit Line Revolving
Closed $717,000 Unknown
Closed $719,200 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25561693

The MLS

APN: 4420-023-009