1055 El Medio Avenue

Pacific Palisades, CA 90272

$5,795,000
Last Sold Price
3
Beds
2
Baths
1
1/2 Bath
2,214 Sq. Ft.
$2,617 / Sq. Ft.
2,214
Sq. Ft.
$2,617
per Sq. Ft.

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 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.

Listing Agents

  1. Ryan Jancula

    Ryan Jancula

    Listing Agent

    Compass

    DRE #01904981

  2. Trevor Montano

    Trevor Montano

    Alternative Listing Agent

    Compass

    DRE #01954164

Property Details for 1055 El Medio Avenue

Zoning
LARE15
Style
Ranch
Parcel Number
4420006024
Living Area
2214
Source Living Area
Vendor Enhanced
Area
Pacific Palisades (C15)
Lot Size Area
30566
Source Lot Size Area
Owner

Location

Listing Courtesy of Compass, Ryan Jancula, DRE #01904981; Compass, Trevor Montano, DRE #01954164

Sold By Compass, Tim Byrne, DRE #01186465; Compass, Lisa Feucht, DRE #02062372

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LISTING UPDATED: 04/16/2024 11:52 AM

Property Details for 1055 El Medio Avenue

StatusSold
MLS #24-374087
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1956
Lot Size0.70 AC / 30,566 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Ryan Jancula, DRE #01904981; Compass, Trevor Montano, DRE #01954164

Sold By Compass, Tim Byrne, DRE #01186465; Compass, Lisa Feucht, DRE #02062372

Add your commute

Building Information for 1055 El Medio Avenue

Stories1Year Built1956Building Size-Lot Size0.70 AC / 30,566 SF

Payment Calculator

$34,566 per month

30 year fixed, 7.25% Interest

Principal and Interest

$31,626

Property Taxes

$2,940

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1055 El Medio Avenue

Community / Development
Community / Development
  • HOA: No
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • View: Yes
  • View Description: City Lights, Mountains, Ocean, Coastline, City
  • View: City Lights, Mountain(s), Ocean, Coastline
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.7017
  • Lot Size Square Feet: 30566
  • Lot Size Dimensions: 228x130
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Garage Is Detached
  • Total Parking: 0
  • Attached Garage: No
Interior Features
Interior Features
  • Room Type: Bonus Room
  • Rooms: Bonus Room, Study/Office
  • Levels: One
  • Fireplace Features: Living Room, Dining Room
  • Fireplace Rooms: Living Room, Dining
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling: None
  • Cooling Type: None
  • Heating: Central
  • Heating Type: Central
  • Flooring: Carpet, Vinyl
  • Equipment: Refrigerator
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: Oven, Cooktop - Gas
  • Laundry: Inside
Exterior Features
Exterior Features
  • Pool: Yes
  • Pool Description: In Ground
  • Pool Features: In Ground
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 03-28-2024

Property History for 1055 El Medio Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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$2,525,024Additions$378,746Total$2,903,770
Tax Record2023$35,285 ($2,940 / month)
Home Facts
Beds3Total Finished SqFt2,214 SqFtAbove Grade Finished SqFt2,214 SqFtStories1Lot Size30,591 SqFtStyleSingle Family ResidenceYear Built1956ZoningLARE15CountyLOS ANGELESAPN4420-006-024

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

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Ryan Jancula, DRE #01904981; Compass, Trevor Montano, DRE #01954164

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.