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1055 El Medio Avenue
Pacific Palisades, CA 90272
Sold
1055 El Medio Avenue
Pacific Palisades, CA 90272
Sold
Build Your Dream Estate: Private Promontory of Mountain and Ocean Views on nearly 3/4 Acres! This private promontory ocean and mountain view lot features over 338ft+ of frontage exemplifying the 270 degrees of ocean views. This lot offers incredible potential to build a 10,000+ SF private and secluded estate that has massive ocean, city, and mountain views on a 30K+ SF lot in the highly sought-after Upper El Medio of Pacific Palisades only moments to Palisades village. This lot boasts breathtaking vistas perched on a view knoll surrounded by nature and lush trees overlooking multiple $20M+ estates. The long driveway leads to the private and secure lot, offering a peaceful, serene retreat while being in close proximity to Palisades Village, scenic hiking trails and the beach. The existing 2,214 SF 3 bed 2.5 bath home on the lot features a pool, detached garage with bonus room, and ample parking that can be leased out while obtaining your entitlements. This property is NOT located in the California Coastal Commission jurisdiction (buyer to verify). This is one of very few ocean view promontory lots in the Palisades with this proximity to the Palisades Village, lot size, privacy, and the potential to build a $20M+ house in the Palisades.
PROPERTY INFORMATION
| MLS # | 24374087 | Lot Size | 30,566 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Single Family Residence |
| Price | $ 5,795,000
Price Per SqFt: $ 2,617 |
DOM | 460 Days |
| Address | 1055 El Medio Avenue | Type | Residential |
| City | Pacific Palisades | Sq.Ft. | 2,214 Sq. Ft. |
| Postal Code | 90272 | Garage | N/A |
| County | Los Angeles | Year Built | 1956 |
| Bed / Bath | 3 / 2.5 | Parking | N/A |
| Built In | 1956 | Status | Closed |
| Sold Date | 2024-03-28 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Inside |
| Has Fireplace | Yes |
| Fireplace Information | Living Room, Dining Room |
| Has Appliances | Yes |
| Kitchen Appliances | Refrigerator, Oven, Gas Cooktop |
| Has Heating | Yes |
| Heating Information | Central |
| Room Information | Bonus Room |
| Has Cooling | No |
| Cooling Information | None |
| Flooring Information | Carpet, Vinyl |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Pool | In Ground |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $6,181
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 03/28/2024 | Sold | $5,795,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Ryan Jancula, Compass. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
