Seller's Agent in 2025
Michael Edlen
Coldwell Banker Realty
(310) 600-7422
86 in this area
119 Total Sales
16007 Miami Way Pacific Palisades, CA 90272
0.13
Acre
$11,742,424
Price per Acre
5,752
Sq Ft Lot
About This Lot
As of April 2025Exceptional opportunity to reimagine and rebuild in the highly sought-after El Medio Bluffs neighborhood of the Palisades. This vacant lot offers tremendous potential and investment upside. Phase 1 and 2 of debris removal have been completed (trees still in process), streamlining the process for new development. Perfect for visionary buyers looking to revitalize and invest in one of the Palisades' most desirable areas. Don't miss your chance to breathe new life into this special community. NOTE: resident/vendor /contractor pass required to enter the Palisades. See DOCS for Offer Guidelines. Neither Seller nor Broker/Agents guarantee the accuracy of the square footage, lot size, permits or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information (including square footage) through personal inspections and with the appropriate professionals.
Last Agent to Sell the Property
Coldwell Banker Realty License #00902158 Listed on: 04/13/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $10,796
Lot Details
- 5,752 Sq Ft Lot
- Lot Dimensions are 50x115
- Property is zoned LAR1
Listing and Financial Details
- Assessor Parcel Number 4413-004-003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2025
Closed on
Apr 24, 2025
Sold by
Mcewan Trust and Mcewan Charles S
Bought by
Kowal Family Trust and Kowal
Seller's Agent
Michael Edlen
Coldwell Banker Realty
Buyer's Agent
Bryan McElroy
Sotheby's International Realty
List Price
$1,495,000
Sold Price
$1,550,000
Premium/Discount to List
$55,000
3.68%
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,773
Avg. Annual Appreciation
11.20%
Purchase Details
Closed on
May 13, 2005
Sold by
Mcewan Charles S and Kondo Mcewan Elaine K
Bought by
Mcewan Charles S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,550,000 | Usa National Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $225,000 | Unknown | |
| Previous Owner | $216,000 | Unknown | |
| Previous Owner | $217,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2025 04/28/25 | Sold | $1,550,000 | +3.7% | $1,065 / Sq Ft |
| 04/17/2025 04/17/25 | Pending | -- | -- | -- |
| 04/13/2025 04/13/25 | For Sale | $1,495,000 | -- | $1,027 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $10,796 | $991,405 | $639,200 | $352,205 |
| 2024 | $10,796 | $886,369 | $626,667 | $259,702 |
| 2023 | $10,588 | $868,990 | $614,380 | $254,610 |
| 2022 | $10,097 | $851,952 | $602,334 | $249,618 |
| 2021 | $9,967 | $835,248 | $590,524 | $244,724 |
| 2019 | $9,667 | $810,475 | $573,009 | $237,466 |
| 2018 | $9,590 | $794,584 | $561,774 | $232,810 |
| 2016 | $8,611 | $717,595 | $539,960 | $177,635 |
| 2015 | $8,483 | $706,817 | $531,850 | $174,967 |
| 2014 | $8,515 | $692,972 | $521,432 | $171,540 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2025
Tatiana Weiss
Coldwell Banker Realty
(310) 230-7337
7 in this area
14 Total Sales
-
Buyer's Agent in 2025
Bryan McElroy
Sotheby's International Realty
(310) 849-5072
10 in this area
20 Total Sales
Map
Source: The MLS
MLS Number: 25524777
APN: 4413-004-003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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