SOLD 03/28/2024
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Home sold for $5,795,000 in 1 days
1055 El Medio Ave Pacific Palisades (los Angeles), CA, 90272
Off the market 3 beds 2 full + 1 half baths 2,214 sqft
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.
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Property details
2,214 sqft interior area
Property type
Home
Interior area
2,214 sqft
View
City Lights, Mountain(s), Other, Ocean
Land area
30,566 sqft (0.70 acres)
Price per sqft
$2,617/sqft
Address
1055 El Medio Ave, Pacific Palisades (los Angeles), CA, 90272
City of California
Pacific Palisades (los Angeles)
County
Los Angeles
Sold price
$5,795,000
Style
Ranch
Stories
1
Year Built
1956
District
Listing
Stories
One Story
Open Houses
No upcoming open houses
Interior Features
Vinyl, Carpet floors
Beds
3
Baths
2 full + 1 half
Floors
Vinyl, Carpet
Stories
One Story
Garage & Parking
Detached
Fireplaces
Dining Room, Living Room
Laundry Features
Inside
Heathing & Cooling
None, Central
Kitchen features
Gas Range/Cooktop, Refrigerator, Other
Other rooms
Bonus/Plus Room
Appliances
Gas Range, Refrigerator
Listed by
Ryan Jancula, Compass
Name
Ryan Jancula
License number
01904981
Brokerage company
Compass
MLS #
CL24374087
Buyer agent
Name
D. Timothy Byrne
Brokerage company
Compass
Payment calculator
Calculate your monthly payments
Mortgage
$17,792
Taxes
$0
HOA dues
$0
Mortgage
$1,159,000 / 20%
2.28%
30 years
Your amount
$17,792 / month
Exterior Features
—
Pool
In Ground
Lot details
TMK #4420006024
Parcel nr.
4420006024
90272 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90272
42%
Families with children
National average: 39%
43%
Non family households
113,853
Population
$251,522
Average Income
Age & gender
Median age 45 years
More info
Commute types
76% commute by car
More info
Education level
38% have bachelor education
More info
Number of employees
5% work in management
More info
Vehicles available
41% have 2 vehicle
More info
Vehicles by gender
41% have 2 vehicle
More info
Housing market insights for
$3.68m
Neighborhood average
sales price*
sales price*
$2.78m
Neighborhood median
sales price*
sales price*
233
Number
of sales*
of sales*
Housing type
47% are single detacheds
More info
Rooms
30% of the houses have 4 or 5 rooms
More info
Bedrooms
49% have 2 or 3 bedrooms
More info
Owners vs Renters
60% are owners
More info
13.17 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Mar 28, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 28, 2024 | Sold | $5,795,000 | 2617.43 | Public Record |
| Mar 28, 2024 | Under contract | $5,795,000 | 2617.43 | MLS #CL24374087 |
| Mar 28, 2024 | New Listing | $5,795,000 -6.46% | 2617.43 | MLS #CL24374087 |
| Oct 24, 2023 | Unavailable | $6,195,000 | 0 | MLS #CL23251347 |
| Oct 11, 2023 | Withdrawn | $6,195,000 | 2798.1 | MLS #CL23251347 |
| Oct 11, 2023 | Price Decrease | $6,195,000 -4.62% | 2798.1 | MLS #CL23251347 |
| Mar 16, 2023 | New Listing | $6,495,000 | 2933.6 | MLS #CL23251347 |
Taxes of 1055 El Medio Ave, Pacific Palisades (los Angeles), CA, 90272
LARE zoning / MLS #CL24374087
Zoning
LARE
Agent viewpoints of 1055 El Medio Ave, Pacific Palisades (los Angeles), CA, 90272
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Frequently Asked Questions about 1055 El Medio Ave
What is 1055 El Medio Ave?
1055 El Medio Ave, Pacific Palisades (los Angeles), CA, 90272 is a single family home located in the city of Los Angeles, California with zipcode 90272. This single family home has 3 bedrooms & 2 full bathrooms + & 1 half bathroom with an interior area of 2,214 sqft.
Which year was this home built?
This home was build in 1956.
Which year was this property last sold?
This property was sold in 2024.
What is the full address of this Home?
1055 El Medio Ave, Pacific Palisades (los Angeles), CA, 90272.
Are grocery stores nearby?
The closest grocery stores are Vons, 1.54 miles away and Pavilions 2231, 2.5 miles away.
What is the neighborhood like?
The 90272 zip area has a population of 113,853, and 42% of the families have children. The median age is 45.31 years and 76% commute by car. The most popular housing type is "single detached" and 60% is owner.
Based on information from the bridgeMLS as of 04-29-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 16, 2024
Verhouse Last checked less than a minute ago
The closest grocery stores are Vons, 1.54 miles away and Pavilions 2231, 2.5 miles away.
The 90272 zip area has a population of 113,853, and 42% of the families have children. The median age is 45.31 years and 76% commute by car. The most popular housing type is "single detached" and 60% is owner.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.