NOT LISTED FOR SALE

Estimated Value: $1,340,926

0.13 Acres
$10,267,427 Price per Acre
5,688 Sq Ft Lot

Sale Details

Date Sold: March 11, 2026

Last sale price $1,380,000 $1,538 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,450 / mo

11 Days on Market

About This Lot

As of March 2026

Now is the opportunity to be part of the Palisades rebuild and bring a custom vision to life. This 5,688 sq ft lot is a blank canvas, ready for new construction in the desirable lower Marquez Knolls neighborhood just a block from highly-rated Marquez Elementary School. Ideally situated to benefit from the area's ongoing revitalization and long-term value growth, the property offers exceptional potential for both end-users and developers. Design and build a forever home or capitalize on a prime investment opportunity. Enjoy coastal living at its best with nearby parks, a soon-to-be-refreshed Village, and close proximity to the beach and scenic hiking trails. Phase 1 and Phase 2 debris removal have been completed, allowing you to move forward with confidence. See DOCS for Offer Guidelines. See Virtual Tour for potential views. 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. Views, if any, are based on current conditions and drone imagery taken at the time of listing. Future construction or development may impact views. Buyer to independently verify.

Last Agent to Sell the Property

Michael Edlen

Coldwell Banker Realty License #00902158 Listed on: 01/29/2026

Coldwell Banker Realty

Co-Listed By

Tatiana Weiss

Coldwell Banker Realty License #01751813

Last Buyer's Agent

Jim Ghannadi

Estate Properties License #01124918

Estate Properties
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Property Details

Property Type

  • Land

Lot Details

  • 5,688 Sq Ft Lot
  • Property is zoned LAR1

Listing and Financial Details

  • Assessor Parcel Number 4415-008-015

Property Details

Property Type

Land

Lot Details

5,688 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1306
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Assessor Parcel Number: 4415-008-015
  • Lot Size Area: 5688

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2026
Closed on
Feb 27, 2026
Sold by
Bought by
Seller's Agent
Michael Edlen
Coldwell Banker Realty
Buyer's Agent
Jim Ghannadi
Estate Properties
List Price
$1,250,000
Sold Price
$1,380,000
Premium/Discount to List
$130,000
10.4%
Views
17
Current Estimated Value
$1,340,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,074
Avg. Annual Appreciation
-7.10%

Purchase Details

Closed on
Jan 28, 2012
Sold by
Bought by

Purchase Details

Closed on
Jul 29, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Pacific Palisades, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,380,000 Equity Title Company
-- None Available
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,942,382
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/11/2026 03/11/26 Sold $1,380,000 +10.4% $1,538 / Sq Ft
02/09/2026 02/09/26 Pending -- -- --
01/29/2026 01/29/26 For Sale $1,250,000 -- $1,394 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $794 $54,958 $54,958
2024 $1,650 $116,519 $82,896 $33,623
2023 $1,626 $114,235 $81,271 $32,964
2022 $1,561 $111,996 $79,678 $32,318
2021 $1,537 $109,801 $78,116 $31,685
2019 $1,496 $106,547 $75,800 $30,747
2018 $1,420 $104,459 $74,314 $30,145
2016 $1,354 $100,404 $71,429 $28,975
2015 $1,336 $98,897 $70,357 $28,540
2014 $1,352 $96,960 $68,979 $27,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 26645039

The MLS

APN: 4415-008-015

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