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Back 501 Salerno Drive
Off Market

501 Salerno Drive

Los Angeles CA 90272

6843 sq. ft.
Land
Last sold for $1,690,000
David BeckerDavid Becker, last sold this property on 27 May 2026 after 21 days on market.

Overview

Perched on a highly desirable corner lot in the Marquez Knolls neighborhood of Pacific Palisades this property presents an exceptional rebuild opportunity in one of the area's most sought-after coastal communities. With its elevated position, the property captures refreshing ocean breezes and offers exciting potential for ocean views from a future second story. The generous corner placement enhances privacy while providing added flexibility for architectural design, landscaping, and access ideal for crafting a custom residence that maximizes indoor-outdoor living. Whether you're an end user ready to build your dream home or a developer seeking a prime investment, this property combines location, versatility, and long-term value. Conveniently located near Palisades Village, beaches, hiking trails, and top-rated schools, it offers the ultimate blend of coastal tranquility and everyday convenience. A wonderful opportunity to be part of the next chapter of Pacific Palisades living.

Features

6843 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 501 Salerno Drive is $1.68m.

Median value
$1.68m
Estimated value range
$500k - $9.38m
Median days on market
28
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 501 Salerno Drive

2026
Sold
$1,690,000
27 May 2026 by David Becker, of Compass

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, 378 land plots similar to 501 Salerno Drive, have been sold.

This represents a 585% decrease in land plots sales when compared to the previous 12 months.

Nearby agents

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Cynthia Ann Festa

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

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

  •   5   (1 review)
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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)
  •  1 Review in Los Angeles
  •  1 Sale in Los Angeles
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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)
  •  1 Review in Los Angeles
  •  1 Sale in Los Angeles
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