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Sold for $1,690,000
  • $1,690,000

    501 Salerno Dr, Pacific Palisades, CA 90272

    --beds
    --baths
    6,843Square Feet
    Unimproved Land
    Built in ----
    6,843 Square Feet Lot
    $1,637,900 Zestimate®
    $--/sqft
    $7,888 Estimated rent

    Home value

    $1,637,900

    $1.44M - $1.82M

    $7,888/mo

    Zestimate® history
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    $10,705/mo

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    What's special

    Captures refreshing ocean breezesElevated positionHighly desirable corner lot
    Perched on a highly desirable corner lot in the Marquez Knolls neighborhood of Pacific Palisades this property presents an exceptional rebuild opportunity in one of the area's most sought-after coastal communities. With its elevated position, the property captures refreshing ocean breezes and offers exciting potential for ocean views from a future second story. The generous corner placement enhances privacy while providing added flexibility for architectural design, landscaping, and access ideal for crafting a custom residence that maximizes indoor-outdoor living. Whether you're an end user ready to build your dream home or a developer seeking a prime investment, this property combines location, versatility, and long-term value. Conveniently located near Palisades Village, beaches, hiking trails, and top-rated schools, it offers the ultimate blend of coastal tranquility and everyday convenience. A wonderful opportunity to be part of the next chapter of Pacific Palisades living.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Becker DRE # 01403703 310-795-8908,

    Compass

    Bought with:

    Tatiana Weiss, DRE # 01751813

    Coldwell Banker Realty

    Michael Edlen, DRE # 00902158

    Coldwell Banker Realty

    Source: CLAW,MLS#: 26829175MLS Logo

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Peek-A-Boo, Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 6,843 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 4415013010
    • Zoning: LAR1
    • Special conditions: Standard

    Community & HOA

    Location
    • Region: Pacific Palisades

    Financial & listing details

    • Tax assessed value: $67,274
    • Date on market: 5/5/2026

    Price history

    DateEventPrice
    5/27/2026Sold$1,690,000+16.6%
    Source: CLAW #26829175 Report a problem
    5/18/2026Pending sale$1,450,000
    Source: CLAW #26829175 Report a problem
    5/11/2026Contingent$1,450,000
    Source: CLAW #26829175 Report a problem
    5/5/2026Listed for sale$1,450,000
    Source: CLAW #26829175 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $67,274 +2%
    2025$895 -66.9%$65,955 -67.9%
    2024$2,705 +1.7%$205,504 +2%
    2023$2,660 +4.4%$201,476 +2%
    2022$2,546 +1.7%$197,526 +2%
    2021$2,503 -0.8%$193,654 +1%
    2020$2,523 $191,669 +2%
    2019$2,523 +7.2%$187,912 +2%
    2018$2,353 $184,229 +2%
    2017$2,353 +2.1%$180,618 +2%
    2016$2,305 +3.2%$177,077 +1.5%
    2015$2,233 +0.7%$174,418 +2%
    2014$2,219 $171,003 +2.5%
    2012-- $166,894 +2%
    2011-- $163,622 +0.8%
    2010-- $162,401 -0.2%
    2009-- $162,788 +2%
    2008-- $159,597 +2%
    2007-- $156,469 +2%
    2006-- $153,402
    2005-- $153,402 +4%
    2004-- $147,447 +1.9%
    2003-- $144,745 +2%
    2002-- $141,908 +4%
    2000-- $136,400
    Find assessor info on the county website

    Neighborhood: Pacific Palisades

    Nearby schools

    GreatSchools rating