$1,890,000
$305K PRICE DROP

16856 Edgar St Pacific Palisades, CA 90272

Estimated payment $14,194/month

Total Views 1,970
0.16 Acre
$11,939,356 Price per Acre
6,897 Sq Ft Lot

About This Lot

PRICE REDUCED AND READY TO SELL16856 Edgar Street offers a rare opportunity to own a 6895 sq ft lot in the heart of Pacific Palisades. This lot is ideally located in the desirable Marquez Knolls neighborhood with sweeping views of the Pacific Ocean and mountain views beyond. The previous home measured approximately 3686 sq ft, and Phase 2 debris clearance has already been completed. This lot offers the ideal setting to build a custom residence tailored to your unique vision. Just across the way from top rated Marquez Elementary, scenic hiking trails, and world class beaches, this property blends lifestyle and location in one of Los Angeles' most sought after neighborhoods. Whether you're an end user or a developer, this is a prime opportunity to invest in premium land with strong upside potential. Bring your architect and imagination, your future in the Palisades starts here.

Listing Agent

Jamie Rudner

Carolwood Estates License #02179260 Listed on: 07/29/2025

Carolwood Estates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $46,737

Lot Details

  • 6,897 Sq Ft Lot
  • Lot Dimensions are 60x115
  • Property is zoned LAR1

Property Views

  • Ocean
  • Mountain

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4415-012-011

Property Details

Property Type

Land

Est. Annual Taxes

$46,737

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1583
  • Lot Dimensions: 60x115
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • View: Ocean, Mountains
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone Service: In Street
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 4415-012-011
  • Lot Size Area: 6897

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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

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 $46,737 $1,336,803 $1,336,803 --
2024 $46,737 $3,873,409 $2,016,295 $1,857,114
2023 $45,818 $3,797,460 $1,976,760 $1,820,700
2022 $43,665 $3,723,000 $1,938,000 $1,785,000
2021 $20,878 $1,747,922 $1,398,338 $349,584
2020 $2,111 $155,069 $85,382 $69,687
2019 $2,037 $152,029 $83,708 $68,321
2018 $1,940 $149,049 $82,067 $66,982
2016 $1,836 $143,263 $78,881 $64,382
2015 $1,811 $141,112 $77,697 $63,415
2014 $1,827 $138,349 $76,176 $62,173
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2025 08/09/25 Price Changed $1,890,000 -13.9% --
07/29/2025 07/29/25 For Sale $2,195,000 -39.9% --
05/21/2021 05/21/21 Sold $3,650,000 -3.8% $990 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $3,795,000 +119.4% $1,030 / Sq Ft
02/21/2020 02/21/20 Sold $1,730,000 -6.5% $893 / Sq Ft
12/01/2019 12/01/19 Pending -- -- --
11/03/2019 11/03/19 Price Changed $1,850,000 -2.6% $955 / Sq Ft
10/23/2019 10/23/19 Price Changed $1,900,000 -9.5% $980 / Sq Ft
09/05/2019 09/05/19 For Sale $2,100,000 -- $1,084 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,650,000 Lawyers Title
Grant Deed $1,730,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Lenders Choice Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,920,000 New Conventional
Previous Owner $2,154,426 Construction
Previous Owner $1,450,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Source: The MLS

MLS Number: 25570633

The MLS

APN: 4415-012-011