BANK OWNED ocean-view Riviera fixer. Offering one of the most compelling opportunities in the highly desirable Palisades' Riviera, 1545 Umeo Rd is located within a neighborhood known for estate properties exceeding $50M. Situated on a 22,689 sq ft parcel in the Upper Riviera, the property offers exceptional scale, views, and flexibility that are increasingly rare in this location. Set above the canyon, the site offers sweeping views of the canyon and the Pacific Ocean. Previous plans provided for a 4,070 sq ft residence featuring multiple view decks. Alternatively, the lot size and configuration allow for the development of a substantially larger custom estate, subject to city approvals. Perfect for developers or end users seeking a high-value Upper Riviera site.
Foreclosure
$4,975,000
1545 Umeo Rd, Pacific Palisades, CA 90272
--beds
--baths
0.52Acres
Unimproved Land
Built in ----
0.52 Acres Lot
$3,607,200 Zestimate®
$--/sqft
$-- HOA
What's special
Set above the canyonOcean-view riviera
- 43 days |
- 360 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: March 19, 2026 at 12:51pm
Listed by:
Anthony Marguleas DRE # 01173073 310-293-9280,
Amalfi Estates 310-573-4245
Source: CLAW,MLS#: 26648701
Facts & features
Property
Features
- Has view: Yes
- View description: Canyon, Ocean, Mountain(s)
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 0.52 Acres
- Dimensions: 103 x 200
Details
- Parcel number: 4425004001
- Zoning: LARE15
- Special conditions: Real Estate Owned
Utilities & green energy
- Sewer: In Street
Community & HOA
Location
- Region: Pacific Palisades
Financial & listing details
- Tax assessed value: $4,775,436
- Annual tax amount: $57,182
- Date on market: 2/15/2026
Foreclosure details
Estimated market value
$3,607,200
$2.92M - $4.44M
$7,511/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/20/2026 | Sold | $3,954,362-38.2% |
Source: Public Record Report a problem | ||
| 11/3/2025 | Listed for sale | $6,400,000-0.8% |
Source: | ||
| 10/20/2025 | Listing removed | $6,450,000 |
Source: | ||
| 7/14/2025 | Listed for sale | $6,450,000-2.3% |
Source: | ||
| 2/14/2023 | Listing removed | -- |
Source: | ||
| 9/17/2022 | Listed for sale | $6,600,000+46.7% |
Source: | ||
| 6/11/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 4/28/2022 | Listed for rent | $20,000 |
Source: Zillow Rental Network_1 #22-151070 Report a problem | ||
| 3/3/2022 | Sold | $4,500,000-9.9% |
Source: Public Record Report a problem | ||
| 2/1/2022 | Pending sale | $4,995,000 |
Source: | ||
| 1/4/2022 | Contingent | $4,995,000 |
Source: | ||
| 12/9/2021 | Listed for sale | $4,995,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $57,182 +1% | $4,775,436 +2% |
| 2024 | $56,627 +2% | $4,681,800 +2% |
| 2023 | $55,516 +4.3% | $4,590,000 +1387.6% |
| 2022 | $53,235 +1260.5% | $308,558 +2% |
| 2021 | $3,913 -0.8% | $302,509 +1% |
| 2020 | $3,946 | $299,408 +2% |
| 2019 | $3,946 +6.5% | $293,538 +2% |
| 2018 | $3,705 | $287,783 +2% |
| 2017 | $3,705 +2.1% | $282,141 +2% |
| 2016 | $3,630 +3% | $276,610 +1.5% |
| 2015 | $3,523 +0.6% | $272,456 +2% |
| 2014 | $3,502 | $267,120 +2.5% |
| 2012 | -- | $260,701 +2% |
| 2011 | -- | $255,590 +0.8% |
| 2010 | -- | $253,680 -0.2% |
| 2009 | -- | $254,284 +2% |
| 2008 | -- | $249,299 +2% |
| 2007 | -- | $244,412 +2% |
| 2006 | -- | $239,621 |
| 2005 | -- | $239,621 +4% |
| 2004 | -- | $230,318 +1.9% |
| 2003 | -- | $226,098 +2% |
| 2002 | -- | $221,666 +4% |
| 2000 | -- | $213,060 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Pacific Palisades
Nearby schools
GreatSchools rating
- 10/10Canyon Elementary SchoolGrades: K-5Distance: 2 mi
- 8/10Paul Revere Middle SchoolGrades: 6-8Distance: 0.6 mi
- 9/10Palisades Charter High SchoolGrades: 9-12Distance: 1.7 mi





