
Seller's Agent in 2020
Linda Ferrari
Equity Union
(310) 283-4782
21 Total Sales
Estimated Value: $7,317,000 - $7,904,000
Investors/Developers - An incredible and rare opportunity to purchase one of the last legal double lot oceanfront properties on the Santa Monica Boardwalk. That's 50 Feet of oceanfront on Palisades Beach Road to create your dream home, or develop two legal lots for resale. Breathtaking ocean views, awe-inspiring sunsets, direct sand and boardwalk access, Ocean Avenue, Third Street Promenade, Farmers Market, Malibu, Santa Monica Pier, Main Street, Dining, Nightlife, Shopping, Surfing, Biking, Movies, Venice Boardwalk, and Malibu Mountains. Builders / Developers, zoning is R2B, property has completed the landmark clearance period and is ready for demo permits. Property is being sold As-Is for Land Value of two legal lots.
Last Buyer's Agent
Linda Ferrari
Keller Williams Silicon Beach License #01949460
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Noonan Timothy J | $5,750,000 | First American Title | |
Newberg Lisa Annn | -- | None Available | |
Newberg Lisa Ann | -- | None Available |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/02/2020 09/02/20 | Sold | $5,750,000 | -3.4% | $4,090 / Sq Ft |
07/19/2020 07/19/20 | Pending | -- | -- | -- |
07/07/2020 07/07/20 | For Sale | $5,950,000 | 0.0% | $4,232 / Sq Ft |
07/03/2020 07/03/20 | Pending | -- | -- | -- |
05/06/2020 05/06/20 | For Sale | $5,950,000 | +3.5% | $4,232 / Sq Ft |
04/28/2020 04/28/20 | Off Market | $5,750,000 | -- | -- |
01/23/2020 01/23/20 | For Sale | $5,950,000 | -- | $4,232 / Sq Ft |
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 | $71,164 | $6,223,983 | $4,356,789 | $1,867,194 |
2024 | $71,164 | $6,101,945 | $4,271,362 | $1,830,583 |
2023 | $70,030 | $5,982,300 | $4,187,610 | $1,794,690 |
2022 | $69,206 | $5,865,000 | $4,105,500 | $1,759,500 |
2021 | $67,592 | $5,750,000 | $4,025,000 | $1,725,000 |
2020 | $2,156 | $120,333 | $112,070 | $8,263 |
2019 | $2,125 | $117,974 | $109,873 | $8,101 |
2018 | $1,949 | $115,662 | $107,719 | $7,943 |
2016 | $1,854 | $111,173 | $103,537 | $7,636 |
2015 | $1,826 | $109,504 | $101,982 | $7,522 |
2014 | $1,824 | $107,360 | $99,985 | $7,375 |
Seller's Agent in 2020
Linda Ferrari
Equity Union
(310) 283-4782
21 Total Sales
Source: The MLS
MLS Number: 20-569170
APN: 4291-031-003