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$1,450,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 501 Salerno Dr
General
- Price: $1,450,000
- Status: Active
- Type: Lots/Land
- Source: CLAW
- MLS ID: 26829175
- Updated: Today (5/5/2026)
- Added to Site: Today
Location
- Area: Pacific Palisades
- County: Los Angeles
- Driving Directions: Sunset to corner of Salerno and Livorno
Lot Features
- Property View: Peek-a-Boo, Ocean
- Lot Size (Acres): 0.1571
- Lot Size: 6843
- Lot Size Source: Vendor Enhanced
- Lot Features: Corner Lot
- Zoning: LAR1
Financial Considerations
- Price Per Sq. Ft.: $806
Disclosures and Reports
- Disclosures/Reports: As Is, Property Report, Seller/Owner/Principal RE Licensed
- APN: 4415-013-010
Listed by Compass, David Becker
Get Pre-Approved Today
Schools
Schools serving 501 Salerno Dr
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Marquez Charter School 16821 Marquez Ave., Los Angeles, CA 90272 | K-5 | 0.1 mi |
Paul Revere Middle School 1450 Allenford Avenue, Los Angeles, CA 90049 | 6-8 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 Salerno Dr
Date
Details
Price
Change
Source
5/05/2026
Listed
$1,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 501 Salerno Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$895
-48%
$65,955
-68%
2024
$1,716
-35%
$205,504
2%
2023
$2,660
4%
$201,476
2%
2022
$2,546
2%
$197,526
2%
2021
$2,503
-1%
$193,654
1%
2020
$2,523
4%
$191,669
2%
2019
$2,431
3%
$187,912
2%
2018
$2,353
2%
$184,229
2%
2017
$2,305
3%
$180,618
2%
2016
$2,233
1%
$177,077
2%
2015
$2,202
-1%
$174,418
2%
2014
$2,219
—
$171,003
—
2013
$2,213
—
$170,231
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 Salerno Dr
501 Salerno Dr, Pacific Palisades, CA 90272 (MLS# 26829175) is a Lots/Land property with a lot size of 0.1571 acres. 501 Salerno Dr is currently listed for $1,450,000 and was received on May 05, 2026. Want to learn more about 501 Salerno Dr? Do you have questions about finding other Lots/Land real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.

