$4,500,000
SOLD APR 4, 2025

614 Alma Real Dr Pacific Palisades, CA 90272

0.23 Acre
$19,702,277 Price per Acre
9,700 Sq Ft Lot

Recently Sold

$1,412 Per Sq Ft

5% Below List Price

10 Days on Market

Highlights

  • Ocean View
  • Greenbelt
  • Level Lot

About This Lot

As of April 2025

California Dreaming in the Heart of The Huntington Palisades! Build the coastal home you've always dreamed of on this 9700 sf lot. EPA Phase One completed. Phase Two Debris Clearance by US Army Corps of Engineers in queue with contractor. Located just a heartbeat away from Palisades Village, Palisades Rec Center, Field of Dreams and Movies in the Park in the summer, Palisades Tennis Center, Veteran's Garden Bocce Courts, Huntington Palisades Dog Park, award-winning schools, hiking trails, iconic sandy beaches along PCH, bicycle paths up and down the coast, public and private beach clubs.

Last Agent to Sell the Property

Jai Winding

Compass License #01414245 Listed on: 03/01/2025

Compass

Last Buyer's Agent

Tim Byrne

Compass License #01186465

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,701

Lot Details

  • 9,700 Sq Ft Lot
  • Level Lot
  • Property is zoned LAR1

Property Views

  • Ocean
  • Bay
  • Canyon

Utilities

  • Underground Utilities
  • Sewer in Street

Community Details

  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 4411-011-041

Property Details

Property Type

Land

Est. Annual Taxes

$15,701

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 0.2284
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Description: Asphalt, Curbed, Sidewalk
  • View: Canyon, Bay, Ocean
  • View: Yes

Utilities

  • Cable: No
  • Gas: In Street
  • Sewer: In Street
  • Telephone: No
  • Water: Public

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4411-011-041
  • Lot Description: Sidewalks, Utilities Underground, Curbs
  • Lot Location: Greenbelt, Flats
  • Lot Size Area: 9700
  • Site Decription: Flats
  • Topography: Flat

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2025
Closed on
Mar 21, 2025
Sold by
Winding Revocable Family Trust and Winding Jai L
Bought by
Kassam Alim and Kassam Sara
Seller's Agent
Jai Winding
Compass
Buyer's Agent
Tim Byrne
Compass
List Price
$4,750,000
Sold Price
$4,500,000
Premium/Discount to List
-$250,000
-5.26%
Views
26
Current Estimated Value
$4,385,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$114,284
Avg. Annual Appreciation
-6.38%

Purchase Details

Closed on
Aug 6, 2013
Sold by
Winding Jai L and Winding Rebecca A
Bought by
Winding Jai L and Winding Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2003
Sold by
Winding Jai L and Winding Rebecca A
Bought by
Winding Jai L and Winding Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$917,500
Interest Rate
4.62%
Mortgage Type
Unknown
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 $4,500,000 Lawyers Title Company
Interfamily Deed Transfer -- Lsi Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,352,000 New Conventional
Previous Owner $1,400,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,200,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $917,500 Unknown
Previous Owner $917,500 Unknown
Previous Owner $917,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $4,500,000 -5.3% $1,412 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
03/01/2025 03/01/25 For Sale $4,750,000 -- $1,490 / 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 $15,701 $519,437 $519,437 --
2024 $15,701 $1,261,019 $783,464 $477,555
2023 $15,404 $1,236,294 $768,102 $468,192
2022 $14,700 $1,212,054 $753,042 $459,012
2021 $14,511 $1,188,289 $738,277 $450,012
2019 $14,083 $1,153,045 $716,380 $436,665
2018 $13,942 $1,130,437 $702,334 $428,103
2016 $13,324 $1,086,542 $675,062 $411,480
2015 $13,131 $1,070,222 $664,922 $405,300
2014 $13,176 $1,049,259 $651,898 $397,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25502597

The MLS

APN: 4411-011-041