1243 Las Lomas Ave Pacific Palisades, CA 90272
Estimated payment $24,113/month
About This Lot
Exclusive 'Protected' Sweeping Ocean View Land offering in Pacific Palisades. Perched at the top of a quiet, exclusive street, 1243 Las Lomas Avenue offers a rare opportunity to create a true legacy estate in one of the most coveted enclaves of Pacific Palisades. Priced at just $129.00 per square Foot! This enormous 29,380 square foot parcel is one of the largest buildable ocean-view land parcels in the area, with an unmatched canvas for a custom architectural masterpiece. Framing unobstructed views of Catalina Island and the Palos Verdes coastline, the property's elevated topography captures the full arc of west-facing sunsets and fills future interiors with natural light. With no neighbors in front or behind, the setting is both visually expansive and deeply private. Imagine a gated compound with an infinity-edge pool, terraced gardens, seamless indoor-outdoor flows, sunset terraces, panoramic decks, and long-view sightlines from nearly every room. Whether you envision modern minimalism or old-world grandeur, this land is build-ready and ideally oriented for light, privacy, and drama. Land of this scale with this level of views and privacy rarely become available in the Palisades. This is more than land; it's a singular opportunity to craft an estate that reflects the full potential of coastal California living. Professional property-walks are strongly recommended, as Land boundaries go well beyond what's visible in the cleared pad area. We work closely with a trusted design-build team offering full design, permitting, and construction expertise to bring your vision to life. If you're narrowing your choices and seeking a truly enduring ocean vantage, this rare parcel is unmistakably the one. With verifiably protected views and horizon preserved, it remains as captivating today as it will be tomorrow.
Property Details
Property Type
- Land
Est. Annual Taxes
- $46,726
Lot Details
- 0.66 Acre Lot
- Property is zoned LARE11
Additional Features
- Ocean Views
- Property is located within a water district
Listing and Financial Details
- Assessor Parcel Number 4420-008-018
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 | $46,726 | $1,886,159 | $1,886,159 | -- |
| 2024 | $46,726 | $3,756,675 | $2,844,886 | $911,789 |
| 2023 | $44,824 | $3,683,015 | $2,789,104 | $893,911 |
| 2022 | $42,731 | $3,610,800 | $2,734,416 | $876,384 |
| 2021 | $42,220 | $3,540,000 | $2,680,800 | $859,200 |
| 2020 | $5,632 | $425,120 | $116,506 | $308,614 |
| 2019 | $5,426 | $416,785 | $114,222 | $302,563 |
| 2018 | $5,321 | $408,614 | $111,983 | $296,631 |
| 2016 | $5,064 | $392,749 | $107,636 | $285,113 |
| 2015 | $4,994 | $386,851 | $106,020 | $280,831 |
| 2014 | $5,028 | $379,274 | $103,944 | $275,330 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | For Sale | $3,795,000 | +7.2% | -- |
| 07/28/2020 07/28/20 | Sold | $3,540,000 | 0.0% | $1,031 / Sq Ft |
| 06/16/2020 06/16/20 | Off Market | $3,540,000 | -- | -- |
| 06/13/2020 06/13/20 | Pending | -- | -- | -- |
| 03/09/2020 03/09/20 | Price Changed | $3,595,000 | -4.8% | $1,047 / Sq Ft |
| 01/21/2020 01/21/20 | Price Changed | $3,775,000 | -4.4% | $1,099 / Sq Ft |
| 10/24/2019 10/24/19 | For Sale | $3,950,000 | -- | $1,150 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,540,000 | Usa National Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Ticor Title Company | |
| Interfamily Deed Transfer | -- | Ticor Title Company | |
| Interfamily Deed Transfer | -- | Ticor Title Company | |
| Interfamily Deed Transfer | -- | Ticor Title Company | |
| Interfamily Deed Transfer | -- | Ticor Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Ctt | |
| Interfamily Deed Transfer | -- | Ctc | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Gift Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,301,000 | New Conventional | |
| Previous Owner | $850,000 | New Conventional | |
| Previous Owner | $350,000 | Credit Line Revolving | |
| Previous Owner | $564,000 | New Conventional | |
| Previous Owner | $570,000 | New Conventional | |
| Previous Owner | $582,000 | New Conventional | |
| Previous Owner | $605,000 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $275,000 | Credit Line Revolving | |
| Previous Owner | $650,000 | No Value Available | |
| Previous Owner | $650,000 | No Value Available | |
| Previous Owner | $102,000 | Unknown | |
| Previous Owner | $550,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $407,000 | No Value Available |
Source: The MLS
MLS Number: 25569867
APN: 4420-008-018
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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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