$1,399,000
PENDING $100K PRICE DROP

417 Puerto Del Mar Pacific Palisades, CA 90272

Estimated payment $7,811/month

Total Views 4,001
0.14 Acre
$10,347,633 Price per Acre
5,889 Sq Ft Lot

Highlights

  • Ocean View
  • Hiking Trails
  • 5-minute walk to Asilomar View Park
  • No HOA
  • Cul-De-Sac

About This Lot

REDUCED!!REDUCED!! Lot has been cleaned and ready to go. Gateway to the ocean - 417 Puerto Del Mar is located in the prestigious El Medio Bluffs neighborhood of Pacific Palisades and presents an exceptional opportunity for both developers and homebuyers with a vision. Located on a cul-de-sac, it offers unobstructed views of the Pacific Ocean, providing the perfect backdrop for a dream home. The previous structure on the property was 1,852 square feet per the tax assessors information, with the potential to expand up to 10% larger, allowing for customization and growth. The city is offering an expedited process for permitting and review, ensuring a faster and smoother building experience.
This location is truly prime, with easy access to the beach, as well as the scenic hiking trails of Temescal Canyon. There are no back neighbors, ensuring privacy and enhancing the peaceful environment. Additionally, the Palisades Village is nearby, offering convenient shopping, dining, and community amenities all being rebuilt. With Pacific Palisades undergoing significant transformation, this property represents an excellent investment opportunity in one of LA’s most desirable coastal neighborhoods. Whether you're looking to build your dream home or capitalize on a growing market, this property offers endless potential.

Listing Agent

Renu Singh

Pinnacle Estate Properties Brokerage Phone: 818-516-7368 License #00969175 Listed on: 04/02/2025

Pinnacle Estate Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,259

Lot Details

  • 5,889 Sq Ft Lot
  • Cul-De-Sac
  • Property is zoned LAR1

Property Views

  • Ocean
  • Canyon

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 41 / 120
  • Tax Tract Number 9300
  • Assessor Parcel Number 4414007017
  • $254 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails
  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$2,259

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: LAR1
  • Property Type: Land
  • Parcel Number: 4414007017
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 237.56

Exterior Features

  • View: Canyon, Ocean

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 5889.00
  • Lot Size Acres: 0.1352

Multi Family

  • Lot Size Area: 5889.0000 Square Feet

Tax Info

  • Tax Block: 120
  • Tax Census Tract: 2627.04
  • Tax Lot: 41
  • Tax Tract Number: 9300
  • TaxOtherAnnualAssessmentAmount: 254.00

Map

Range of Values:

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Average Value
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List 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 $2,259 $47,474 $47,474 --
2024 $2,259 $174,448 $71,600 $102,848
2023 $2,221 $171,029 $70,197 $100,832
2022 $2,125 $167,676 $68,821 $98,855
2021 $2,085 $164,389 $67,472 $96,917
2019 $2,024 $159,516 $65,472 $94,044
2018 $1,974 $156,389 $64,189 $92,200
2016 $1,868 $150,319 $61,698 $88,621
2015 $1,841 $148,062 $60,772 $87,290
2014 $1,857 $145,163 $59,582 $85,581
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 Pending -- -- --
05/08/2025 05/08/25 Price Changed $1,399,000 -6.7% --
04/02/2025 04/02/25 For Sale $1,499,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $700,000 Credit Line Revolving
Closed $500,000 Unknown
Closed $500,000 Credit Line Revolving
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25071128

California Regional Multiple Listing Service (CRMLS)

APN: 4414-007-017