$1,985,000
SOLD JUN 27, 2025
0.17 Acre
$11,527,294 Price per Acre
7,503 Sq Ft Lot

Recently Sold

$578 Per Sq Ft

38% Below List Price

107 Days on Market

About This Lot

As of June 2025

926 Kagawa Street is an exceptional opportunity to be part of the revitalization of Pacific Palisades. This expansive 7,503 -square-foot parcel comes equipped with onsite utilities, including electricity, gas, water, and sewer. Prior to the recent wildfire event, the site featured a 3,434 square-foot 5 bedroom 5 bath home. All reports, design and plans will be included with the property offering a head start for your vision. Ideal location situated within close proximity to the Palisades Village, Take this rare chance to craft your dream home while contributing to the resilience and renewal of the cherished Palisades community.

Last Agent to Sell the Property

Cynthia Ann Festa

Rodeo Realty - Pacific Palisades License #01278999 Listed on: 02/24/2025

Rodeo Realty - Pacific Palisades

Co-Listed By

Elana Fullmer

Rodeo Realty - Pacific Palisades License #01498943

Last Buyer's Agent

Dittany Zhang Seltzer

Sunoom Realty License #01960099

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,684

Lot Details

  • 7,503 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Property is zoned LAR1

Utilities

  • Property is located within a water district
  • Sewer in Street
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4423-023-006

Property Details

Property Type

Land

Est. Annual Taxes

$19,684

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: 926 Kagawa Street is an exceptional opportunity to be part of the revitalization of Pacific Palisades. This expansive 7,503 -square-foot parcel comes equipped with onsite utilities, including electricity, gas, water, and sewer. Prior to the recent wildfire event, the site featured a 3,685 square-foot (per appraisal) 5 bedroom 5 bath home with a 260 sq.ft basement. All reports design and plans will be included with the property offering a head start for your vision. Ideal location situated within close proximity to the Palisades Village, Take this rare chance to craft your dream home while contributing to the resilience and renewal of the cherished Palisades community. Phase 2 completed, ready for a new beginning!
  • Lot Acreage: 0.1722
  • Lot Dimensions: 50x150
  • Probate: No
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • View: No

Utilities

  • Cable: Yes
  • Gas: On Site
  • Sewer: In Street
  • Telephone Service: On Property
  • Telephone: Yes
  • Water: District

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4423-023-006
  • Lot Size Area: 7503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Jun 17, 2025
Sold by
David And Sheri Sharpe Family Trust and Sharpe David Brian
Bought by
Sun Hefang
Seller's Agent
Cynthia Ann Festa
Rodeo Realty - Pacific Palisades
Buyer's Agent
Dittany Zhang Seltzer
Sunoom Realty
List Price
$3,198,000
Sold Price
$1,985,000
Premium/Discount to List
-$1,213,000
-37.93%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20197.20%

Purchase Details

Closed on
Dec 20, 2014
Sold by
Sharpe David Brian
Bought by
David & Sheri Sharpe Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,001,775
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2011
Sold by
Sharpe David Brian and Sharpe Sheri Ellen
Bought by
Sharpe David Brian and Sharpe Sheri Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$724,300
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2011
Sold by
Sharpe David Brian and Sharpe Sheri Ellen
Bought by
Sharpe David Brian and Sharpe Sheri Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$724,300
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2011
Sold by
Sharpe David Brian and Sharpe Sheri Ellen
Bought by
Sharpe David Brian and Sharpe Sheri Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2004
Sold by
Sharpe David and Sharpe Sheri
Bought by
Sharpe David

Purchase Details

Closed on
Mar 6, 2000
Sold by
Trust Quigley Harriet B Tr Harriet B Qui and Quigley Charles Nelson
Bought by
Sharpe David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
8.34%
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 $1,985,000 Progressive Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Progressive Title Company
Interfamily Deed Transfer -- Progressive Title Company
Interfamily Deed Transfer -- --
Grant Deed $700,000 Southland Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,000 Credit Line Revolving
Previous Owner $1,001,775 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $724,300 New Conventional
Previous Owner $729,750 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $850,000 Unknown
Previous Owner $62,000 Credit Line Revolving
Previous Owner $850,000 Unknown
Previous Owner $60,000 Credit Line Revolving
Previous Owner $850,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $850,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $850,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $650,000 Unknown
Previous Owner $450,000 Unknown
Previous Owner $450,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $1,985,000 -10.8% $578 / Sq Ft
05/31/2025 05/31/25 Price Changed $2,225,000 -1.8% $648 / Sq Ft
05/14/2025 05/14/25 Price Changed $2,265,000 -3.6% $660 / Sq Ft
04/24/2025 04/24/25 Price Changed $2,349,000 -12.9% $684 / Sq Ft
03/24/2025 03/24/25 Price Changed $2,698,000 -9.6% $786 / Sq Ft
03/07/2025 03/07/25 Price Changed $2,985,000 -6.7% $869 / Sq Ft
02/24/2025 02/24/25 For Sale $3,198,000 -- $931 / 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
2024 $19,684 $1,604,501 $822,728 $781,773
2023 $19,306 $1,573,042 $806,597 $766,445
2022 $18,411 $1,542,199 $790,782 $751,417
2021 $18,176 $1,511,961 $775,277 $736,684
2019 $17,631 $1,467,118 $752,283 $714,835
2018 $17,536 $1,438,352 $737,533 $700,819
2016 $16,758 $1,382,501 $708,895 $673,606
2015 $16,513 $1,361,735 $698,247 $663,488
2014 $16,565 $1,335,062 $684,570 $650,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25501809

The MLS

APN: 4423-023-006