$1,730,000
SOLD JUN 12, 2025

16828 Bollinger Dr Pacific Palisades, CA 90272

0.16 Acre
$10,921,717 Price per Acre
6,902 Sq Ft Lot

Recently Sold

4% Below List Price

23 Days on Market

About This Lot

As of June 2025

Fantastic Opportunity in Pacific Palisades! Seize your chance to be part of the exciting revitalization of one of Los Angeles' most sought-after coastal communities. Situated on an oversized 6,900 sq ft lot in the desirable lower Marquez neighborhood, 16828 Bollinger Drive offers an exceptional setting to build your dream home. Previously home to a 4,760 sq ft residence, the sale includes $200,000 worth of completed architectural plans to rebuild a stunning contemporary Mediterranean home. Stage 2 Debris Removal has already been completed, saving valuable time and effort. Located just three blocks from top-rated Marquez Charter Elementary and minutes from the beach, scenic hiking trails, and Palisades Village, home to Erewhon, the Bay Theater, acclaimed restaurants, boutiques, and cafes. This property offers an unbeatable lifestyle .Don't miss this rare opportunity to create something truly special in a beloved, vibrant neighborhood.

Last Agent to Sell the Property

Anthony Marguleas

Amalfi Estates License #01173073 Listed on: 03/31/2025

Last Buyer's Agent

Anthony Marguleas

Amalfi Estates License #01173073 Listed on: 03/31/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $37,243

Lot Details

  • 6,902 Sq Ft Lot
  • Lot Dimensions are 60x115
  • Property is zoned LAR1

Property Views

  • Ocean Views

Listing and Financial Details

  • Assessor Parcel Number 4415-014-015

Property Details

Property Type

Land

Est. Annual Taxes

$37,243

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1584
  • Lot Dimensions: 60x115
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • View: Ocean
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4415-014-015
  • Lot Size Area: 6902

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2025
Closed on
Apr 23, 2025
Sold by
Spagnoletto Family Trust and Spagnoletto Patrizo M
Bought by
Palisades Summit Llc
Seller's Agent
Anthony Marguleas
Amalfi Estates
Buyer's Agent
Anthony Marguleas
Amalfi Estates
List Price
$1,800,000
Sold Price
$1,730,000
Premium/Discount to List
-$70,000
-3.89%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4249.32%

Purchase Details

Closed on
Nov 22, 2023
Sold by
Dana And Jennie Jacobs Family Trust
Bought by
Spagnoletto Family Trust and Spagnoletto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
5.88%
Mortgage Type
Construction

Purchase Details

Closed on
May 5, 2010
Sold by
Onewest Bank Fsb
Bought by
Jacobs Dana and Jacobs Jennie

Purchase Details

Closed on
Feb 10, 2010
Sold by
Federal Deposit Insurance Corporation
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Sep 8, 2009
Sold by
Razaghi Kambiz
Bought by
First Federal Bank Of California

Purchase Details

Closed on
Feb 23, 2009
Sold by
Mojahed Nazanin
Bought by
Razaghi Kambiz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,150
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2008
Sold by
Razaghi Kambiz
Bought by
Mojahed Nazanin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,800
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 30, 2007
Sold by
Mojahed Nazanin
Bought by
Razaghi Kambiz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,437,175
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2007
Sold by
Rocon Enterprises Llc
Bought by
Razaghi Kambiz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,437,175
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2006
Sold by
Osullivan Family Trust
Bought by
Rocon Enterprises Llc

Purchase Details

Closed on
Jan 12, 2006
Sold by
Osullivan April and Osullivan Joseph
Bought by
Osullivan Joseph

Purchase Details

Closed on
Dec 22, 2005
Sold by
Osullivan April
Bought by
Osullivan Joseph

Purchase Details

Closed on
Jan 4, 2005
Sold by
Osullivan Joseph
Bought by
Osullivan April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,700
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 27, 2004
Sold by
Crockett William R and Crockett Elizabeth H
Bought by
Osullivan April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,700
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 6, 2002
Sold by
Rosenwasser Steven J
Bought by
Crockett William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.25%

Purchase Details

Closed on
Mar 28, 1994
Sold by
Santa Monica Bank
Bought by
Rosenwasser Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.15%
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 $1,730,000 Usa National Title Company
Grant Deed $4,400,000 Usa National Title Company
Grant Deed -- Fidelity Van Nuys
Receivers Deed -- None Available
Trustee Deed $2,600,000 Accommodation
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Equity Title Company
Grant Deed $3,250,000 Equity Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Equity Title Company
Grant Deed $1,225,000 Equity Title Company
Grant Deed $831,000 California Title Company
Grant Deed -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,400,000 Construction
Previous Owner $750,000 New Conventional
Previous Owner $1,100,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,000,000 New Conventional
Previous Owner $1,100,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $25,150 Purchase Money Mortgage
Previous Owner $31,800 Unknown
Previous Owner $75,000 Unknown
Previous Owner $262,600 Credit Line Revolving
Previous Owner $2,437,175 Purchase Money Mortgage
Previous Owner $183,700 Credit Line Revolving
Previous Owner $918,750 Purchase Money Mortgage
Previous Owner $50,000 Credit Line Revolving
Previous Owner $600,000 No Value Available
Previous Owner $360,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Sold $1,730,000 -3.9% --
04/23/2025 04/23/25 Pending -- -- --
03/31/2025 03/31/25 For Sale $1,800,000 -- --
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 $37,243 $4,488,000 $2,632,722 $1,855,278
2024 $37,243 $3,067,473 $1,740,394 $1,327,079
2023 $36,516 $3,007,327 $1,706,269 $1,301,058
2022 $34,808 $2,948,361 $1,672,813 $1,275,548
2021 $34,374 $2,890,551 $1,640,013 $1,250,538
2019 $33,336 $2,804,818 $1,591,370 $1,213,448
2018 $33,209 $2,749,822 $1,560,167 $1,189,655
2017 $32,483 $2,695,905 $1,529,576 $1,166,329
2016 $31,750 $2,643,045 $1,499,585 $1,143,460
2015 $31,280 $2,603,345 $1,477,060 $1,126,285
2014 $31,365 $2,552,350 $1,448,127 $1,104,223
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25518441

The MLS

APN: 4415-014-015