Our practice has shifted to real estate valuation and analysis for the Palisades area
The Market
So what's the deal?
Post-fire sales data shows:
- Average lot value: $222 per square foot of land
- Average closing price: $1.67 million
- Average days on market: 35 days
Noteworthy Sales:
- 17053 Bollinger – $2,898,000 at $301/SF
- 16828 Bollinger – $1,730,000 at $251/SF
- 17011 Livorno - just 8 days on market!
With the neighborhood cleared and utilities in place, Lower Marquez offers rare scale for developers or end-users to rebuild custom homes in a Pacific Palisades location at an entry price well below other coastal enclaves. The permitting environment has reportedly been expedited post-disaster, adding further appeal for near-term redevelopment.
Learn More
Owners: we are happy to provide valuation analysis with no obligation -- we are not brokers.
Buyers: If you would like us to run analysis on a property (or properties) you are considering buying, please reach out.
Preliminary Lot Valuation
Complete this quick and confidential form so we may provide some initial valuation guidance. There is no charge or commitment for this service.