$4,025,000
SOLD MAY 15, 2025

15219 Mc Kendree Ave Pacific Palisades, CA 90272

0.21 Acre
$19,212,411 Price per Acre
9,125 Sq Ft Lot

Recently Sold

$2,500 Per Sq Ft

7% Below List Price

14 Days on Market

About This Lot

As of May 2025

With RTI Plans included, this property presents an unparalleled opportunity to build your dream home on an expansive 9,125 sq. ft. double lot in the heart of the Pacific Palisades. Located at 15219 Mc Kendree Avenue, this prime property is supremely positioned to capture awe-inspiring ocean views, offering an idyllic canvas to participate in the revitalization efforts. Prior to the wildfire event, RTI plans were in place to construct a luxury residence with 7-bedrooms, 7-bathrooms, and 7,831 sq. ft. interiors, plus a 565 sq. ft garage. Highlights of the proposed home include a residential elevator, a gourmet kitchen with a butler's pantry, a dedicated study, a grand primary retreat, a secondary living area that could be utilized as a home theater, and an attached 3-car garage. The exterior space was intended to feature a sparkling pool, spa, outdoor kitchen, and expansive wraparound terrace. The sale includes these RTI architectural and landscape plans, a highly acclaimed Los Angeles-based firm, offering an invaluable head start on construction. Additional reports include a Geology and Soils Report with City of LA approval letter. Phase 1 environmental has been completed, and Phase 2 debris removal is in progress with USACE. Nestled between Rimmer Avenue and Monument Street, the expansive property is set in a premium ocean-view location just moments from Palisades Village, and conveniently accessible to the rest of the Westside via Sunset Boulevard, Temescal Canyon Road, and PCH. Seize this rare opportunity to secure a jumpstart in crafting your ultimate dream home while contributing to the renewal and resilience of this cherished community.

Last Agent to Sell the Property

F. Ron Smith

Compass License #00961954 Listed on: 04/15/2025

Compass

Co-Listed By

David Berg

Compass License #01481236

Last Buyer's Agent

Peter Mac

The Agency License #01963649

The Agency

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $31,990

Lot Details

  • 9,125 Sq Ft Lot
  • Lot Dimensions are 120 x 120
  • Property is zoned LAR1

Property Views

  • Ocean
  • City Lights
  • Canyon
  • Hills

Location

  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 4422-017-007

Property Details

Property Type

Land

Est. Annual Taxes

$31,990

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Legal Description: Lot Number: 25,26 Tract No: 16257
  • Lot Acreage: 0.2095
  • Lot Dimensions: 120 x 120
  • Probate: No
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Road Frontage: 120 FT
  • View: Canyon, Hills, Tree Top, City Lights, Ocean
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4422-017-007
  • Current Geological: Yes
  • Lot Description: Raw Land, 2-4 Lots
  • Lot Location: City
  • Lot Size Area: 9125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2025
Closed on
May 12, 2025
Sold by
15219 Mckendree Llc
Bought by
Ve 15219 Mckendree Llc
Seller's Agent
F. Ron Smith
Compass
Buyer's Agent
Peter Mac
The Agency
List Price
$4,349,000
Sold Price
$4,025,000
Premium/Discount to List
-$324,000
-7.45%
Views
15
Current Estimated Value
$3,927,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$97,601
Avg. Annual Appreciation
-10.12%

Purchase Details

Listed on
Feb 16, 2024
Closed on
May 8, 2024
Sold by
Mcneil Revocable Trust and Mcneil Marc
Bought by
15219 Mckendree Llc
Seller's Agent
Kerry Ann Sullivan
Pardee Properties
Buyer's Agent
Max Marguleas
Amalfi Estates
List Price
$3,350,000
Sold Price
$3,350,000
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.15%
Original Mortgage
$2,680,000
Interest Rate
6.82%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 14, 2009
Sold by
Mcneil Jack L and Mcneil Doris R
Bought by
Mcneil Jack Lee
Source: Public Records

Range of Values:

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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

Purchase History

Date Type Sale Price Title Company
Grant Deed $4,025,000 Fidelity National Title
Grant Deed $3,350,000 Stewart Title Of California
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $6,828,125 Construction
Previous Owner $2,680,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $4,025,000 -7.4% $2,500 / Sq Ft
04/29/2025 04/29/25 Pending -- -- --
04/15/2025 04/15/25 For Sale $4,349,000 +29.8% $2,701 / Sq Ft
05/15/2024 05/15/24 Sold $3,350,000 0.0% $2,081 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $3,350,000 -- $2,081 / Sq Ft
Source: The MLS

Tax History Compared to Growth

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 $31,990 $3,417,000 $3,227,382 $189,618
2024 $31,990 $2,641,800 $2,407,200 $234,600
2023 $2,101 $157,116 $105,307 $51,809
2022 $2,013 $154,037 $103,243 $50,794
2021 $1,977 $151,018 $101,219 $49,799
2019 $1,921 $146,541 $98,218 $48,323
2018 $1,840 $143,669 $96,293 $47,376
2016 $1,744 $138,092 $92,554 $45,538
2015 $1,720 $136,018 $91,164 $44,854
2014 $1,737 $133,355 $89,379 $43,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25525579

The MLS

APN: 4422-017-007