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Back 516 El Medio Avenue
Off Market

516 El Medio Avenue

Los Angeles CA 90272

8216 sq. ft.
Land
Last sold for $2,475,000
Adam JaretAdam Jaret, last sold this property on 31 October 2025 after 15 days on market.

Overview

Welcome to a rare opportunity in the heart of Pacific Palisades, at the enviable address of 516 El Medio Avenue. This exclusive property, once a custom modern masterpiece, is poised for a transformative new chapter. While the home experienced damage during the recent wildfires, the lot now offers a unique potential for those with vision. Spanning a generous 8,000+ square feet, this vacant lot is primed for the construction of a dream residence. The original structure featured 5 bedrooms and 4.75 bathrooms, spread over a spacious 3,690 square feet. The location remains unmatched, offering a canvas for creativity and luxury. Imagine crafting a home that captures the breathtaking ocean views from the second story, complemented by the soothing Pacific breezes. Nestled near the end of the esteemed El Medio bluffs, this site provides the perfect backdrop for a tranquil yet sophisticated lifestyle allowing for a seamless transition to rebuilding. The location, paired with the vast potential for creating a bespoke living space, makes this offering an extraordinary opportunity in one of the most desirable neighborhoods along the coast. Whether envisioning a serene private yard with a pool, ample outdoor space for entertaining, or modern amenities tailored to your taste, this location invites you to realize a home that harmonizes elegance with the natural beauty of the Palisades. This is more than a plot of land; it's the foundation for a future filled with endless possibilities.

Features

8216 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 516 El Medio Avenue is $1.69m.

Median value
$1.69m
Estimated value range
$500k - $9.38m
Median days on market
29
Estimated value trend
-29%
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 516 El Medio Avenue

2025
Sold
$2,475,000
31 Oct 2025 by Adam Jaret, 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, 374 land plots similar to 516 El Medio Avenue, have been sold.

This represents a 572% 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.

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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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