$3,100,000
SOLD MAR 28, 2025

514 Via de la Paz Pacific Palisades, CA 90272

0.17 Acre
$18,002,323 Price per Acre
7,498 Sq Ft Lot

Recently Sold

$1,778 Per Sq Ft

6% Below List Price

12 Days on Market

About This Lot

As of March 2025

This spacious 7,498 sq ft lot on Via de La Paz, one of the most sought-after streets in the Via Bluffs, offers the perfect balance of coastal proximity and town convenience. The previous structure, built in 2022, was approximately 6,066 sq ft, and the existing plans may be transferred to the buyer with photos and plans available upon request. Phase 1 has been completed privately, with Phase 2 to be completed by the Buyer. With its generous size and prime location, this lot presents an excellent opportunity for buyers looking to invest in and contribute to the rebuilding of the Palisades. This is a land listing only. The photos are actual images of the home that previously existed to show what can be re-built with the plans provided.

Last Agent to Sell the Property

Matthew Alexander

Compass License #01402143 Listed on: 02/21/2025

Compass

Co-Listed By

Kristin Alexander

Compass License #02076658

Last Buyer's Agent

Jennifer Kleinert

Coldwell Banker Realty License #01347532

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $83,107

Lot Details

  • 7,498 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Property is zoned LAR1

Listing and Financial Details

  • Assessor Parcel Number 4412-018-025

Property Details

Property Type

Land

Est. Annual Taxes

$83,107

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1722
  • Lot Dimensions: 50x150
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 4412-018-025
  • Lot Size Area: 7498

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2025
Closed on
Mar 13, 2025
Sold by
Mac Johnson Family Trust and Wasserman Keith
Bought by
Nguyen Kim Loan and Block William Bradley
Seller's Agent
Matthew Alexander
Compass
Buyer's Agent
Jennifer Kleinert
Coldwell Banker Realty
List Price
$3,295,000
Sold Price
$3,100,000
Premium/Discount to List
-$195,000
-5.92%
Views
49
Current Estimated Value
$4,466,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,366,500
Avg. Annual Appreciation
143.69%
Original Mortgage
$900,000
Outstanding Balance
$606,824
Interest Rate
6.87%
Mortgage Type
Construction
Estimated Equity
$3,859,676

Purchase Details

Listed on
Apr 19, 2017
Closed on
May 18, 2017
Sold by
Hansen Irvin
Bought by
Wasserman Keith and Wasserman Gelena
Seller's Agent
Paul Pekar
Compass
Buyer's Agent
Matthew Alexander
Compass
List Price
$2,795,000
Sold Price
$2,825,000
Premium/Discount to List
$30,000
1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.21%
Original Mortgage
$1,977,500
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 $3,100,000 Lawyers Title Company
Grant Deed $2,825,000 Usa National Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 Construction
Previous Owner $4,375,000 Construction
Previous Owner $1,977,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $3,100,000 -5.9% $1,778 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
02/21/2025 02/21/25 For Sale $3,295,000 0.0% $1,889 / Sq Ft
11/12/2018 11/12/18 Rented $6,000 -7.7% --
10/16/2018 10/16/18 For Rent $6,500 0.0% --
06/30/2017 06/30/17 Sold $2,825,000 +1.1% $1,620 / Sq Ft
04/19/2017 04/19/17 For Sale $2,795,000 -- $1,603 / Sq Ft
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 $83,107 $2,131,124 $2,131,124 --
2024 $83,107 $6,884,895 $3,214,365 $3,670,530
2023 $37,982 $3,151,339 $3,151,339 $0
2022 $36,195 $3,089,549 $3,089,549 $0
2021 $35,766 $3,028,969 $2,573,284 $455,685
2019 $34,681 $2,939,130 $2,496,960 $442,170
2018 $34,575 $2,881,500 $2,448,000 $433,500
2016 $1,709 $129,200 $79,918 $49,282
2015 $1,686 $127,260 $78,718 $48,542
2014 $1,704 $124,769 $77,177 $47,592
Source: Public Records

Agents Affiliated with this Home

  • Matthew Alexander

    Seller's Agent in 2025

    Matthew Alexander

    Compass

    (310) 770-3882

    4 in this area

    38 Total Sales

    Matthew Alexander
    Section Image
  • Kristin Alexander

    Seller Co-Listing Agent in 2025

    Kristin Alexander

    Compass

    (310) 230-5478

    13 in this area

    36 Total Sales

    Kristin Alexander
    Section Image

  • J

    Buyer's Agent in 2025

    Jennifer Kleinert

    Coldwell Banker Realty

    (310) 418-7054

    3 in this area

    32 Total Sales

    Jennifer Kleinert
    Section Image
  • Richard Stearns

    Buyer's Agent in 2018

    Richard Stearns

    Compass

    (310) 850-9284

    5 in this area

    77 Total Sales

    Richard Stearns
    Section Image
  • Paul Pekar

    Seller's Agent in 2017

    Paul Pekar

    Compass

    (310) 779-3108

    4 in this area

    6 Total Sales

    Paul Pekar
    Section Image

  • C

    Seller Co-Listing Agent in 2017

    Carol Ellis

    Compass

    (310) 422-7134

    1 in this area

    1 Total Sale

    Carol Ellis
    Section Image
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Map

Source: The MLS

MLS Number: 25501453

The MLS

APN: 4412-018-025

California Los Angeles County Pacific Palisades 90272

514 Via de la Paz, Pacific Palisades, CA

This home is located at 514 Via de la Paz, Pacific Palisades, CA 90272 and is currently priced at $3,100,000, approximately $1,777 per square foot. 514 Via de la Paz is a home located in Los Angeles County with nearby schools including Palisades Charter Elementary, Marquez Charter School, and Paul Revere Charter Middle School.

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.

The MLS © 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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