1515 Umeo Rd Pacific Palisades, CA 90272
Brentwood NeighborhoodEstimated payment $45,673/month
About This Lot
Nestled on a quiet cul-de-sac in the prestigious Upper Riviera of Pacific Palisades, this nearly one-acre property presents an exceptional opportunity to build your dream home in one of Los Angeles' most sought-after neighborhoods. While the previous 5,249 sq ft residence was lost in the Palisades Fire, the lot is now primed for a fresh start with the added benefit of a streamlined, fast-track rebuilding process. Surrounded by $20M+ estates, the property sits among intact homes in a neighborhood with very minimal impact from the fire- creating a peaceful, private setting with a true sense of community. This is a rare chance to design and build a custom estate in a majestic, tranquil location with endless potential surrounded by sweeping views of the Santa Monica Mountains. Phase I & II have already been completed with plans that include an ADU, infinity pool, sauna/gym, and sport court thereby saving valuable time in planning and development. All plans and permits are included in the sale. Property goes well beyond the flat portion of the lot.
Property Details
Property Type
- Land
Est. Annual Taxes
- $71,740
Lot Details
- 0.78 Acre Lot
- Property is zoned LARE15
Property Views
- Ocean
- Canyon
- Mountain
Utilities
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 4425-004-004
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 | $71,740 | $2,948,833 | $2,948,833 | -- |
2024 | $71,740 | $5,930,280 | $4,447,710 | $1,482,570 |
2023 | $70,332 | $5,814,000 | $4,360,500 | $1,453,500 |
2022 | $67,030 | $5,700,000 | $4,275,000 | $1,425,000 |
2021 | $5,915 | $462,515 | $132,931 | $329,584 |
2020 | $6,614 | $457,773 | $131,568 | $326,205 |
2019 | $5,745 | $448,798 | $128,989 | $319,809 |
2018 | $5,631 | $439,999 | $126,460 | $313,539 |
2016 | $5,349 | $422,915 | $121,550 | $301,365 |
2015 | $5,274 | $416,564 | $119,725 | $296,839 |
2014 | $5,311 | $408,405 | $117,380 | $291,025 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/18/2025 06/18/25 | For Sale | $7,250,000 | +27.2% | -- |
07/08/2021 07/08/21 | Sold | $5,700,000 | -12.3% | $1,407 / Sq Ft |
05/20/2021 05/20/21 | Pending | -- | -- | -- |
03/05/2021 03/05/21 | For Sale | $6,499,000 | 0.0% | $1,604 / Sq Ft |
12/07/2020 12/07/20 | Rented | $12,500 | -10.7% | -- |
11/05/2020 11/05/20 | Under Contract | -- | -- | -- |
10/26/2020 10/26/20 | For Rent | $14,000 | +12.0% | -- |
02/08/2019 02/08/19 | Rented | $12,500 | -10.7% | -- |
10/03/2018 10/03/18 | Price Changed | $14,000 | -6.7% | $3 / Sq Ft |
07/17/2018 07/17/18 | For Rent | $15,000 | +3.4% | -- |
02/06/2017 02/06/17 | Rented | $14,500 | -3.3% | -- |
01/17/2017 01/17/17 | For Rent | $15,000 | 0.0% | -- |
01/14/2017 01/14/17 | Off Market | $15,000 | -- | -- |
12/05/2016 12/05/16 | Price Changed | $15,000 | -11.8% | $4 / Sq Ft |
11/15/2016 11/15/16 | For Rent | $17,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $5,700,000 | Lawyers Title Company | |
Interfamily Deed Transfer | -- | United Title Company | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- | |
Grant Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $3,990,000 | New Conventional | |
Previous Owner | $472,000 | Credit Line Revolving | |
Previous Owner | $552,000 | New Conventional | |
Previous Owner | $136,000 | Credit Line Revolving | |
Previous Owner | $577,920 | New Conventional |
Source: The MLS
MLS Number: 25553923

APN: 4425-004-004
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