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Back 1502 Paseo de Oro
Off Market

1502 Paseo de Oro

Los Angeles CA 90272

4827 sq. ft.
Land
Last sold for $938,888
Marc ChorinMarc Chorin, last sold this property on 26 May 2026 after 83 days on market.

Overview

Major price correction! MAJESTIC VIEWS lot located in THE SUMMIT, the most prestigious area of the Palisades Highlands (one of L.A.'s "best kept secrets"). On a Private Gated Street, across from the SUMMIT CLUB, this Ocean and Mountain views lot awaits your chance to rebuild your OWN magnificent Mediterranean home. The original home was a 3183 Sq-Ft, 5bed + 4bath Mediterranean Villa providing direct entry to a 2-car garage. The sale includes owners' existing original architectural plans. The EPA Phase 1 & Phase 2 have been completed. The property includes membership to the "SUMMIT CLUB" (resort-style pool, spa, clubhouse with kitchen, tennis courts, gym, playground area, sports court with staff) * AND * "PDRA-Palisades Drive Recreational Assoc" (w/ VIEWS, "off-leash" dog hours, picnic tables, walking/jogging track with exercise equipment, fenced jungle-gym area, a large grassy park-field + parking and restrooms). Enjoy the unique Highlands "micro-climate", hiking/mountain biking trails and surrounding nature. Only minutes to the Palisades "village" and beaches. The Summit is governed by the home owner association CC&R'S. Call agent for HOA dues information.

Features

4827 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Los Angeles over the last 12 months, the estimated median property value of 1502 Paseo de Oro is $1.66m.

Median value
$1.66m
Estimated value range
$500k - $9.38m
Median days on market
29
Estimated value trend
-21%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1502 Paseo de Oro

2026
Sold
$938,888
26 May 2026 by Marc Chorin, of Zara Equity Corp

Happy sellers in Los Angeles

85%
85% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Los Angeles over the last 12 months.

Local market activity for land plots in Los Angeles

In the last 12 months, 384 land plots similar to 1502 Paseo de Oro, have been sold.

This represents a 317% decrease in land plots sales when compared to the previous 12 months.

Nearby agents

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Cynthia Ann Festa is a recommended agent for Los Angeles.  They have 2 local sales and collected 1 local review across the last 12 months.

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Susan Stark is a recommended agent for Los Angeles.  They have 2 local sales and collected 1 local review across the last 12 months.

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STEVEN PACHECO

STEVEN PACHECO is a recommended agent for Los Angeles.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (13 reviews)
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Monica Iris Antola

Monica Iris Antola is a recommended agent for Los Angeles.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (1 review)
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