$599,000
$900K PRICE DROP

674 Palmera Ave Pacific Palisades, CA 90272

Estimated payment $4,184/month

Total Views 6,932
0.1 Acre
$5,715,649 Price per Acre
4,567 Sq Ft Lot

About This Lot

The most affordable vacant lot in the highly desirable Pacific Palisades offers a unique chance to build something special. While affected by the recent Palisades fire, it now presents a fresh start for buyers with vision. Conveniently close to Sunset, PCH, Temescal Canyon, and all the Village has to offer, this property is perfect for those looking to invest, rebuild, and bring new life to a deserving and sought-after area of Los Angeles. Phase 1 and 2 has been completed by the Army Corps of Engineers. The seller is ready to move on and is looking for serious offers only. This is a sloped lot, drive-by is recommended to see it in person. Reach out today for more details. Serious inquiries only.

Listing Agent

Richard Schulman

Keller Williams Los Angeles License #01427211 Listed on: 02/13/2025

Keller Williams Los Angeles

Co-Listing Agent

Aaron Gelb

Keller Williams Los Angeles License #01930586

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,902

Lot Details

  • 4,567 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • Ocean
  • Coastline
  • Harbor
  • City
  • Mountain

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 4414-012-004

Property Details

Property Type

Land

Est. Annual Taxes

$11,902

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1048
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Coastline, City, Harbor, Mountains, Ocean
  • View: Yes

Utilities

  • Cable: No
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 4414-012-004
  • Lot Size Area: 4567

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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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 $11,902 $550,097 $550,097 --
2024 $11,902 $980,835 $829,707 $151,128
2023 $11,672 $961,604 $813,439 $148,165
2022 $11,127 $942,750 $797,490 $145,260
2021 $10,985 $924,265 $781,853 $142,412
2019 $10,652 $896,853 $758,664 $138,189
2018 $10,599 $879,269 $743,789 $135,480
2016 $10,130 $845,127 $714,907 $130,220
2015 $9,980 $832,433 $704,169 $128,264
2014 $10,014 $816,128 $690,376 $125,752
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Price Changed $599,000 -40.0% --
03/03/2025 03/03/25 Price Changed $999,000 -33.4% --
02/13/2025 02/13/25 For Sale $1,499,000 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,300,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $3,105,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $200,000 Credit Line Revolving
Previous Owner $233,625 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $324,000 Fannie Mae Freddie Mac
Source: Public Records

Source: The MLS

MLS Number: 25498371

The MLS

APN: 4414-012-004