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Sold for $3,625,000
  • $3,625,000

    556 Via De La Paz, Pacific Palisades, CA 90272

    6beds
    6baths
    3,740sqft
    MultiFamily
    Built in 1924
    -- sqft lot
    $-- Zestimate®
    $969/sqft
    $7,591 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $7,591/mo

    Zestimate® history
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    What's special

    This is a once in a lifetime opportunity to own an income property on the bluffs in Pacific Palisades. This property includes a quadplex and a duplex on a residentially zoned lot on a quiet street in the Palisades. The property features 6 apartment units 4 of which are (1 bed,1 bathroom), two of which are studio units. All units are currently occupied.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Heating
    • Wall
    Cooling
    • Wall
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Washer
    Features
    • Furnished: Yes
    Interior area
    • Total interior livable area: 3,740 sqft

    Property

    Parking
    • Total spaces: 3
    Lot
    • Size: 7,501 Square Feet
    Details
    • Additional structures: Accessory Bldgs
    • Parcel number: 4412018007

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1924

    Community & HOA

    Location
    • Region: Pacific Palisades

    Financial & listing details

    • Price per square foot: $969/sqft
    • Tax assessed value: $1,839,428

    Price history

    DateEventPrice
    6/3/2024Sold$3,625,000$969/sqft
    Source: Public Record Report a problem
    5/15/2024Pending sale$3,625,000$969/sqft
    Source: CLAW #24-376737 Report a problem
    4/5/2024Listed for sale$3,625,000-15.6%$969/sqft
    Source: CLAW #24-376737 Report a problem
    7/7/2023Listing removed--
    Source: CLAW #23-250959 Report a problem
    4/2/2023Listed for sale$4,295,000+10.3%$1,148/sqft
    Source: CLAW #23-250959 Report a problem
    5/10/2022Sold$3,895,000+43.9%$1,041/sqft
    Source: Public Record Report a problem
    7/2/2020Sold$2,706,000+10.4%$724/sqft
    Source: CLAW #20551076 Report a problem
    2/21/2020Pending sale$2,450,000$655/sqft
    Source: Coldwell Banker, Pacific Palisades #20-551076 Report a problem
    2/5/2020Listed for sale$2,450,000$655/sqft
    Source: Coldwell Banker Residential Brokerage #20551076 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,839,428 -50.3%
    2025$21,720 -56.2%$3,697,500 -8.8%
    2024$49,587 +2%$4,052,358 +2%
    2023$48,626 +46.7%$3,972,900 +43.9%
    2022$33,141 -6.5%$2,760,120 +2%
    2021$35,440 +320%$2,706,000 +333.1%
    2020$8,438 $624,805 +2%
    2019$8,438 +5.2%$612,555 +2%
    2018$8,024 $600,545 +2%
    2017$8,024 +2.6%$588,770 +2%
    2016$7,820 +2.8%$577,226 +1.5%
    2015$7,606 +0.5%$568,556 +2%
    2014$7,566 $557,420 +2.5%
    2012-- $544,023 +2.8%
    2010-- $529,372 -0.2%
    2009-- $530,631 +2%
    2008-- $520,228 +4%
    2006-- $500,028
    2005-- $500,028 +4%
    2004-- $480,613 +1.9%
    2003-- $471,806 +2%
    2002-- $462,555
    Find assessor info on the county website

    Neighborhood: Pacific Palisades

    Nearby schools

    GreatSchools rating