16008 Miami Way, Pacific Palisades, CA 90272 - View 1
16008 Miami Way, Pacific Palisades, CA 90272 - View 2
16008 Miami Way, Pacific Palisades, CA 90272 - View 3

16008 Miami Way, Pacific Palisades, CA 90272

Sale Price: $1,800,000
Feb 12, 20251,177 sqft2 beds1 baths
Listed by: Christina Arechaederra
License #: 01040589
Phone #: 310-776-0945
KW SELA
Source:
CRMLS Logo
MLS #: 25497551

Property Description

Incredible opportunity to rebuild the charming 2 story home that once existed at this location, in the desirable El Medio Bluffs area of the Palisades. This vacant land has huge potential and upside. The land is already registered for the governments private property debris removal and clean-up. This property is ideal for buyers with the foresight to invest in and restore the Palisades. Don't miss the chance to bring new life to this remarkable town. Offers due Sunday, February 23, 2025 at 5pm
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$34,599

TurboHome Estimated Value

$1,903,300

$1,617 sqft

High Valuation
$1,998,465
$1698/sqft
Normal Valuation
$1,903,300
$1617/sqft
Low Valuation
$1,808,135
$1536/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1617/sqft$1,903,300

Neighborhood: Pacific Palisades

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Comparative Value

$1.25M

$1.50M

$1.68M

$1.80M

$2.24M

15510 W Sunset Blvd 102, Pacific Palisades, CA 90272

Sale Price: $1,250,000

Selected Comparable

16008 Miami Way, Pacific Palisades, CA 90272

List Price: $1,500,000

Subject Property

700 Haverford Ave, Pacific Palisades, CA 90272

Sale Price: $1,675,000

Selected Comparable

613 Swarthmore Ave, Pacific Palisades, CA 90272

Sale Price: $1,700,000

Selected Comparable

16008 Miami Way, Pacific Palisades, CA 90272

Sale Price: $1,800,000

Selected Comparable

821 Las Lomas Ave, Pacific Palisades, CA 90272

Sale Price: $2,239,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
16008 Miami Way, Pacific Palisades, CA 90272

16008 Miami Way, Pacific Palisades, CA 90272

List: $1,500,000

Listed: 2/12/2025

Area:1,177 sqft
Price/sqft:$1,274
Beds:2
Baths:1
Year Built:
Lot Size:5,743

Comparable Properties

COMPARABLE
Choose comps
16008 Miami Way, Pacific Palisades, CA 90272

16008 Miami Way, Pacific Palisades, CA 90272

Sale: $1,800,000

4/2/20250.00 mi

Area:1,177 sqft
Price/sqft:$1,529
Beds:2
Baths:1
Year Built:
Weight:24.5%
613 Swarthmore Ave, Pacific Palisades, CA 90272

613 Swarthmore Ave, Pacific Palisades, CA 90272

Sale: $1,700,000

6/30/20250.58 mi

Area:1,251 sqft
Price/sqft:$1,359
Beds:2
Baths:
Year Built:
Weight:20.3%
15510 W Sunset Blvd 102, Pacific Palisades, CA 90272

15510 W Sunset Blvd 102, Pacific Palisades, CA 90272

Sale: $1,250,000

6/10/20250.54 mi

Area:1,027 sqft
Price/sqft:$1,217
Beds:2
Baths:2
Year Built:
Weight:19.3%
821 Las Lomas Ave, Pacific Palisades, CA 90272

821 Las Lomas Ave, Pacific Palisades, CA 90272

Sale: $2,239,000

9/13/20240.33 mi

Area:1,204 sqft
Price/sqft:$1,860
Beds:2
Baths:2
Year Built:
Weight:19.1%
700 Haverford Ave, Pacific Palisades, CA 90272

700 Haverford Ave, Pacific Palisades, CA 90272

Sale: $1,675,000

4/7/20250.46 mi

Area:1,188 sqft
Price/sqft:$1,410
Beds:3
Baths:
Year Built:
Weight:16.7%

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