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Sold for $2,575,000
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  • $2,575,000

    550 Almar Ave, Pacific Palisades, CA 90272

    3beds
    2,158sqft
    Residential, Single Family Residence
    Built in 1940
    7,936 Square Feet Lot
    $2,584,800 Zestimate®
    $1,193/sqft
    $11,000 Estimated rent

    Home value

    $2,584,800

    $2.35M - $2.84M

    $11,000/mo

    Zestimate® history
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    What's special

    Private garden retreatSeamless indoor-outdoor flowVaulted ceilings
    Located in the highly desirable El Medio Bluffs neighborhood of Pacific Palisades, this 3-bedroom, 3-bath home with an optional 4th bedroom offers exceptional potential in one of Pacific Palisades' most sought-after bluffside neighborhoods with close proximity to the scenic trails and natural beauty of the Santa Monica Mountains. Originally remodeled in 2012, the residence features an open floor plan filled with bright natural light, vaulted ceilings, and seamless indoor-outdoor flow. Expansive windows and French doors open to inviting outdoor patios ideal for entertaining, relaxing, or creating a private garden retreat. A separate wing provides flexibility for an in-law suite, guest quarters, home office, or expanded primary suiteideal for multi-generational living. Post-fire remediation has been completed, creating a clean foundation for customization. Marketed as a fixer and sold strictly as-is, this is a rare opportunity for end users, investors, or builders to add value in Pacific Palisades.Situated on the perimeter of an intact residential section of the El Medio Bluffs, the home is surrounded by several properties that remained standing while benefiting from thoughtful neighborhood renewal. Just moments from ocean view corridors along the Bluffs, Temescal Gateway Park, Palisades Village, and Palisades High. Bring your vision and unlock the potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Carolyn Taff DRE # 01074069 310-871-5051,

    Coldwell Banker Realty 310-820-6651,

    Mary Williams DRE # 02107971 310-261-8603,

    Coldwell Banker Realty

    Bought with:

    Catherine Bindley, DRE # 01399981

    Compass

    Kristin Bindley, DRE # 02172842

    Compass

    Source: CLAW,MLS#: 26652221MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Living Room
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    • Laundry: In Garage, Gas Dryer Hookup
    Features
    • Flooring: Mixed
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 2,158
    • Total interior livable area: 2,158 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - 2 Car
    • Garage spaces: 2
    • Uncovered spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Mountain(s)
    • Waterfront features: None
    Lot
    • Size: 7,936 Square Feet
    Details
    • Additional structures: None
    • Parcel number: 4413005018
    • Zoning: LAR1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Residential, Single Family Residence
    • Attached to another structure: Yes
    Condition
    • Fixer
    • Year built: 1940

    Utilities & green energy

    • Sewer: In Street
    • Water: District

    Community & HOA

    Community
    • Security: None
    HOA
    • Has HOA: No
    Location
    • Region: Pacific Palisades

    Financial & listing details

    • Price per square foot: $1,193/sqft
    • Tax assessed value: $1,118,302
    • Annual tax amount: $13,419
    • Date on market: 2/20/2026

    Price history

    DateEventPrice
    4/1/2026Sold$2,575,000+7.5%$1,193/sqft
    Source: CLAW #26652221 Report a problem
    3/16/2026Pending sale$2,395,000$1,110/sqft
    Source: CLAW #26652221 Report a problem
    3/2/2026Contingent$2,395,000$1,110/sqft
    Source: CLAW #26652221 Report a problem
    2/20/2026Listed for sale$2,395,000$1,110/sqft
    Source: CLAW #26652221 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,419 -6.6%$1,118,302 -5%
    2024$14,373 +2%$1,177,310 +2%
    2023$14,096 +4.9%$1,154,226 +2%
    2022$13,442 +1.3%$1,131,595 +2%
    2021$13,271 -1%$1,109,408 +1%
    2020$13,406 $1,098,033 +2%
    2019$13,406 +5.1%$1,076,504 +2%
    2018$12,760 $1,055,397 +2%
    2017$12,760 +2.2%$1,034,704 +2%
    2016$12,482 +2.3%$1,014,416 +1.5%
    2015$12,195 +1.2%$999,179 +2%
    2014$12,056 $979,608 +2.5%
    2012-- $956,062 +2%
    2011-- $937,317 +0.8%
    2010-- $930,313 -0.2%
    2009-- $932,524 +2%
    2008-- $914,240 +2%
    2007-- $896,314 +2%
    2006-- $878,741
    2005-- $878,741 +4%
    2004-- $844,620 +1.9%
    2003-- $829,141 +2%
    2002-- $812,884 +4%
    2000-- $781,320
    Find assessor info on the county website

    Neighborhood: Pacific Palisades

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,584,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,584,800