Back 16032 Miami Way
Off Market

16032 Miami Way

Los Angeles CA 90272

5750 sq. ft.
Land
Last sold for $1,550,000
David BergDavid Berg, last sold this property on 11 August 2025 after 788 days on market.

Overview

Nestled in El Medio Bluffs, this 5,747-square-foot homesite presents a prime opportunity to build new in one of Pacific Palisades' most cherished neighborhoods. Situated within minutes of Palisades Village and Will Rogers Beach, the location offers a seamless blend of coastal charm and modern convenience. Formerly home to a 2007-built Cape Cod residence featuring 5 bedrooms, 5 bathrooms, and 4,324 square-feet of living space, the property is now a blank canvas with extraordinary potential. Included in the sale are architectural plans for the former residence, a grading report (2005), a soils report (2025), and the final debris removal permit. Ideally located with quick access to acclaimed local amenities, the beach, and the greater Westside via PCH and Sunset Boulevard, 16032 Miami Way represents a compelling opportunity to create a bespoke coastal retreat in a premier enclave.

Features

5750 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 16032 Miami Way is $1.67m.

Median value
$1.67m
Estimated value range
$500k - $9.38m
Median days on market
29
Estimated value trend
-30%
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 16032 Miami Way

2025
Sold
$1,550,000
11 Aug 2025 by David Berg, of Compass
2021
Sold
$4,325,000
10 Sep 2021 by Michael Edlen, of Coldwell Banker Realty
2020
Rented
Undisclosed
24 Jul 2020 by Coldwell Banker Realty

Happy sellers in Los Angeles

87%
87% 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 3 reviews in Los Angeles over the last 12 months.

Local market activity for land plots in Los Angeles

In the last 12 months, 363 land plots similar to 16032 Miami Way, have been sold.

This represents a 543% decrease in land plots sales when compared to the previous 12 months.

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