$1,450,000
SOLD AUG 1, 2025

640 N Las Casas Ave Pacific Palisades, CA 90272

0.2 Acre
$7,210,343 Price per Acre
8,759 Sq Ft Lot

Recently Sold

$674 Per Sq Ft

9% Below List Price

40 Days on Market

About This Lot

As of August 2025

Oversized flat rim lot with ocean views in the beautiful Las Casas neighborhood. Cleared and ready for the next chapter. Both Phase 1 and Phase 2 have been completed. An opportunity for a fresh start. Bring your vision and be a part of the Palisades rebirth. Build your dream home taking advantage of the expedited permitting process and ocean views. Lot is in coastal, not in CATEX. Original home was 2150 sf, plus an oversized 3-car garage. Based on the 110% rule, this lot allows for a single level 3025 total sq ft (including 2-car garage), PLUS an additional 2600+ sf finished basement, and the possibility of an ADU!

Last Agent to Sell the Property

Olga Crawford

Compass License #02005209 Listed on: 05/22/2025

Compass

Last Buyer's Agent

Olga Crawford

Compass License #02005209 Listed on: 05/22/2025

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $31,976

Lot Details

  • 8,759 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • Ocean
  • Canyon

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4414-028-011

Property Details

Property Type

Land

Est. Annual Taxes

$31,976

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2011
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon, Ocean
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4414-028-011
  • Lot Size Area: 8759

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2024
Sold by
Schmidt Matthew and Schmidt Margaret
Bought by
Margaret And Matt Schmidt Living Trust and Schmidt

Purchase Details

Closed on
Oct 9, 2023
Sold by
Nancy Young Moore Survivors Trust
Bought by
Bibb Revocable Trust and Bibb

Purchase Details

Closed on
Feb 23, 2018
Sold by
Moore Nancy Young
Bought by
Moore Nancy Young and Nancy Young Survivor S Trust

Purchase Details

Closed on
Dec 4, 2017
Sold by
Moore Brian M
Bought by
Moore Brian Munro and Moore Nancy Young
Source: Public Records

Range of Values:

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Average Value
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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 -- None Listed On Document
Grant Deed -- None Listed On Document
Grant Deed $2,635,000 Usa National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Sold $1,450,000 -9.3% $674 / Sq Ft
07/01/2025 07/01/25 Pending -- -- --
05/22/2025 05/22/25 For Sale $1,599,000 -- $744 / 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 $31,976 $1,397,604 $1,397,604 --
2024 $31,976 $2,635,000 $2,108,000 $527,000
2023 $8,164 $657,054 $408,229 $248,825
2022 $7,792 $644,172 $400,225 $243,947
2021 $7,686 $631,542 $392,378 $239,164
2019 $7,458 $612,812 $380,741 $232,071
2018 $7,332 $600,797 $373,276 $227,521
2017 $7,174 $589,017 $365,957 $223,060
2016 $6,997 $577,469 $358,782 $218,687
2015 $6,894 $568,796 $353,393 $215,403
2014 $6,923 $557,655 $346,471 $211,184
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25542241

The MLS

APN: 4414-028-011