1055 El Medio Avenue
$5,795,000
3
2
1
2,214
2,214
$2,617
Sold 3/28/24
Description
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...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 Assessment 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.
Listing Agents
Property Details for 1055 El Medio Avenue
Zoning
LARE15
StyleRanch
Parcel Number4420006024
Living Area2214
Source Living AreaVendor Enhanced
AreaPacific Palisades (C15)
Lot Size Area30566
Source Lot Size AreaOwner
LISTING UPDATED: 08/21/2024 08:50 AM
Property Details for 1055 El Medio Avenue
Status | Sold |
---|---|
MLS # | 24-374087 |
Days on Market | 1 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1956 |
Lot Size | 0.70 AC / 30,566 SF |
County | Los Angeles County |
Buyer's Agent Compensation | 2.5% |
Building Information for 1055 El Medio Avenue
Stories1Year Built1956Building Size-Lot Size0.70 AC / 30,566 SF
Property Information for 1055 El Medio Avenue
Property History for 1055 El Medio Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1055 El Medio Avenue
Taxable ValueLand$64,382Additions-Total$64,382
Tax Record2024$786 ($65 / month)
Home Facts
Beds0Lot Size828 SqFtStyleResidentialZoningLARE15CountyLOS ANGELESAPN4420-006-021
Schools near 1055 El Medio Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 5 | |||
Charter - | 6 to 8 | |||
Charter - | 9 to 12 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
Marquez Charter School CharterK to 5 | ||
Paul Revere Middle School Charter6 to 8 | ||
Palisades Charter High School Charter9 to 12 | ||
Community Magnet Charter Elementary School CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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