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Sold for $1,550,000
  • $1,550,000

    16007 Miami Way, Pacific Palisades, CA 90272

    --beds
    --baths
    5,749Square Feet
    Unimproved Land
    Built in ----
    5,749 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $7,637 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $7,637/mo

    Zestimate® history
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    What's special

    Vacant lot
    Exceptional opportunity to reimagine and rebuild in the highly sought-after El Medio Bluffs neighborhood of the Palisades. This vacant lot offers tremendous potential and investment upside. Phase 1 and 2 of debris removal have been completed (trees still in process), streamlining the process for new development. Perfect for visionary buyers looking to revitalize and invest in one of the Palisades' most desirable areas. Don't miss your chance to breathe new life into this special community. NOTE: resident/vendor /contractor pass required to enter the Palisades. See DOCS for Offer Guidelines. Neither Seller nor Broker/Agents guarantee the accuracy of the square footage, lot size, permits or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information (including square footage) through personal inspections and with the appropriate professionals.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Edlen DRE # 00902158 310-600-7422,

    Coldwell Banker Realty 310-458-0091,

    Tatiana Weiss DRE # 01751813 310-433-3124,

    Coldwell Banker Realty

    Bought with:

    Bryan McElroy, DRE # 01232096

    Sotheby's International Realty

    Source: CLAW,MLS#: 25524777MLS Logo

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,749 Square Feet
    • Dimensions: 50 x 115
    Details
    • Parcel number: 4413004003
    • Zoning: LAR1
    • Special conditions: Standard

    Community & HOA

    Location
    • Region: Pacific Palisades

    Financial & listing details

    • Tax assessed value: $991,405
    • Annual tax amount: $4,995
    • Date on market: 4/13/2025

    Price history

    DateEventPrice
    4/28/2025Sold$1,550,000+3.7%
    Source: CLAW #25524777 Report a problem
    4/17/2025Contingent$1,495,000
    Source: CLAW #25524777 Report a problem
    4/13/2025Listed for sale$1,495,000
    Source: CLAW #25524777 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,995 -53.7%$991,405 +11.9%
    2024$10,796 +2%$886,369 +2%
    2023$10,588 +4.9%$868,990 +2%
    2022$10,097 +1.3%$851,952 +2%
    2021$9,967 -1%$835,248 +1%
    2020$10,069 $826,684 +2%
    2019$10,069 +5%$810,475 +2%
    2018$9,590 $794,584 +8.6%
    2017$9,590 +8.8%$731,946 +2%
    2016$8,812 +2.3%$717,595 +1.5%
    2015$8,611 +1.1%$706,817 +2%
    2014$8,515 $692,972 +2.5%
    2012-- $676,316 +2%
    2011-- $663,056 +0.8%
    2010-- $658,102 -0.2%
    2009-- $659,667 +2%
    2008-- $646,734 +2%
    2007-- $634,054 +2%
    2006-- $621,623
    2005-- $621,623 +4%
    2004-- $597,486 +1.9%
    2003-- $586,537 +2%
    2002-- $575,038 +4%
    2000-- $552,710
    Find assessor info on the county website

    Neighborhood: Pacific Palisades

    Nearby schools

    GreatSchools rating