$2,500,000
SOLD MAY 13, 2025

742 Patterson Place Pacific Palisades, CA 90272

0.25 Acre
$9,846,396 Price per Acre
11,060 Sq Ft Lot

Recently Sold

$500 Per Sq Ft

7% Below List Price

20 Days on Market

About This Lot

As of May 2025

Welcome to an exceptional opportunity in the heart of Pacific Palisades Village. This vacant 8,606sf lot is nestled within the only private gated community in the village - an exclusive enclave of just 11 parcels. Formerly the site of a stunning 4,998 sq ft residence with a pool, the lot is now a blank canvas awaiting your vision. Backing directly onto lush greenery that creates the expansive open space of the Potrero Canyon Park / Palisades Recreation Center- which is currently undergoing a transformative rebuild to become one of the most spectacular parks in the nation - this property offers an unmatched blend of privacy, prestige, and proximity to nature. Enjoy the peace of mind that comes with living in a gated community, while being just moments from the vibrant heart of the Palisades Village, with its boutique shops, dining, and coastal charm. Whether you're looking to build a dream home or invest in one of the area's most coveted locations, this rare offering is not to be missed. Phase 1 and Phase 2 debris removal has been completed. Pool is still intact on the property.

Last Agent to Sell the Property

Heather Bell

The Agency License #01897826 Listed on: 04/22/2025

The Agency

Last Buyer's Agent

Karen Parcell

Berkshire Hathaway HomeServices California Properties License #01723411

Berkshire Hathaway HomeServices California Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $53,692

Lot Details

  • 0.25 Acre Lot
  • Property is zoned LAR1

Property Views

  • Woods
  • Park or Greenbelt

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4412-009-029

Property Details

Property Type

Land

Est. Annual Taxes

$53,692

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2539
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Trees/Woods, Green Belt
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Condo/Co-op/Association

  • HOA Fees: 352.63

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4412-009-029
  • Lot Size Area: 8606

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2020
Sold by
George Katherine M
Bought by
George Katherine M and Conforti Steven Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Outstanding Balance
$371,474
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$2,815,026

Purchase Details

Closed on
Jun 9, 2004
Sold by
Conforti Steven Paul
Bought by
George Katherine M

Purchase Details

Closed on
Jun 10, 1999
Sold by
Davis Leonard G and Davis Jill M
Bought by
Feldman Lewis G and Feldman Stacey Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.87%

Purchase Details

Closed on
Jun 22, 1994
Sold by
Palisades Wood Associates
Bought by
Davis Leonard G and Davis Jill M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
8.83%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Interfamily Deed Transfer -- Boston National Title
Interfamily Deed Transfer -- Fidelity National Title
Grant Deed $3,180,000 Fidelity National Title
Grant Deed -- Southland Title
Grant Deed $618,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $522,000 New Conventional
Closed $811,000 New Conventional
Closed $1,000,000 Unknown
Closed $1,000,000 Credit Line Revolving
Previous Owner $1,100,000 No Value Available
Previous Owner $100,000 Credit Line Revolving
Previous Owner $840,000 Unknown
Previous Owner $840,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Sold $2,500,000 -7.2% $500 / Sq Ft
05/12/2025 05/12/25 Pending -- -- --
04/22/2025 04/22/25 For Sale $2,695,000 -- $539 / 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 $53,692 $2,273,448 $2,273,448 --
2024 $53,692 $4,432,645 $3,429,033 $1,003,612
2023 $52,640 $4,345,732 $3,361,798 $983,934
2022 $50,172 $4,260,523 $3,295,881 $964,642
2021 $49,561 $4,176,984 $3,231,256 $945,728
2019 $48,062 $4,053,094 $3,135,416 $917,678
2018 $47,856 $3,973,623 $3,073,938 $899,685
2016 $45,776 $3,819,324 $2,954,574 $864,750
2015 $45,097 $3,761,955 $2,910,194 $851,761
2014 $45,216 $3,688,265 $2,853,188 $835,077
Source: Public Records

Agents Affiliated with this Home

  • Heather Bell

    Seller's Agent in 2025

    Heather Bell

    The Agency

    (310) 779-7211

    12 in this area

    45 Total Sales

    Section Image
  • Karen Parcell

    Buyer's Agent in 2025

    Karen Parcell

    Berkshire Hathaway HomeServices California Properties

    (310) 486-1002

    6 in this area

    28 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 25528317

The MLS

APN: 4412-009-029

California Los Angeles County Pacific Palisades 90272

742 Patterson Place, Pacific Palisades, CA

This home is located at 742 Patterson Place, Pacific Palisades, CA 90272 and is currently priced at $2,500,000, approximately $500 per square foot. 742 Patterson Place is a home located in Los Angeles County with nearby schools including Palisades Charter Elementary, Marquez Charter School, and Paul Revere Charter Middle School.

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