Homes for Sale in 90272Listings

Homes for Sale in 90272, Los Angeles

90272 zip code listings in Los Angeles. Homes $5.8 million to $40,000.+. The Knight Group covers on- and off-market properties across this zip code.

From the weekly farmers market in the Village to sunset hikes in Temescal Canyon, 90272 offers a unique blend of coastal living and urban amenities. For instance, those interested in coastal living might also consider exploring homes for sale in 90265 , which includes the Malibu area. But 90272 is so much more than its glossy surface.

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The 90272 Lowdown: More Than Just a Zip Code

You might think you know Pacific Palisades. The sprawling mansions, the celebrity sightings at Gelson’s, the Instagram-worthy sunsets over Will Rogers State Beach. But 90272 is so much more than its glossy surface. It’s a tapestry of distinct neighborhoods, each with its own personality and hidden treasures.

Let’s start with the Riviera. This isn’t your grandma’s retirement community. Picture winding streets lined with architectural marvels, from mid-century gems to contemporary masterpieces. You’ll find tech moguls living next door to old Hollywood royalty, their homes tucked behind towering hedges and wrought-iron gates. The views? Unparalleled. The price tag? Well, let’s just say you might need to liquidate a small country to afford it.

According to recent data from Redfin, the median sale price in the Riviera sub-neighborhood hit $5.8 million in November 2024, a 15% increase from the previous year. This growth outpaces the overall 90272 market, which saw a 19.5% decrease in median sale prices during the same period.

But don’t despair if your bank account isn’t quite Bezos-level. The Alphabet Streets offer a (slightly) more attainable slice of Palisades life. These tree-lined blocks are named after – you guessed it – letters of the alphabet. It’s like Sesame Street for the one percent. Here, you’ll find a mix of original 1950s bungalows (ripe for a Pinterest-worthy renovation) and newer, more modern homes. The community character is strong, with block parties and impromptu wine nights on front lawns being the norm.

A recent case study from Pacific Palisades Realtors highlights the transformation of a 1950s bungalow on Hartzell Street. The property, purchased for $2.1 million in 2022, underwent a $500,000 renovation and sold for $3.8 million in 2024, demonstrating the potential for value-add investments in the Alphabet Streets.

For those seeking a more laid-back coastal feel, the Palisades Highlands might be your jam. Perched in the Santa Monica Mountains. This planned community offers a mix of single-family homes and townhouses. The trade-off? A slightly longer commute and the occasional mountain lion sighting. But hey, that’s just part of the charm, right?

The Highlands offer a unique blend of suburban comfort and natural beauty, says Sarah Johnson, a local real estate agent with 20 years of experience in 90272. Buyers are drawn to the larger lot sizes and more relaxed atmosphere compared to the bustle of the Village area.

Now, let’s talk about the elephant in the room – or rather, the behemoth on the bluffs. The Caruso Project, a massive mixed-use development, has transformed the heart of the Palisades Village. Some locals bemoan the loss of small-town charm, while others celebrate the influx of high-end boutiques and trendy eateries. Love it or hate it. It’s changed the face of 90272 forever.

What’s it like living in 90272?

The In 90272 zip code covers a range of property types, price points, and neighborhood characters. Buyers targeting this area often discover that a single zip code contains meaningfully different micro-markets — street-level variation matters here.

Common buyer profiles in In 90272 include families prioritizing school districts, investors targeting rental yield, and first-time buyers working within a defined budget corridor.

Why choose The Knight Group in 90272?

The Knight Group works the In 90272 area across both listed and off-market inventory. We can filter by your specific criteria — school district, lot size, bedroom count, price band — and surface options that don’t appear in a standard portal search.

Reach out with your requirements for a current shortlist.

What’s the neighborhood character of 90272?

The In 90272 zip code contains distinct sub-markets. Property values, school quality, street character, and buyer profiles vary by specific block. Buyers relying on zip-code-level averages often miss the variation that determines whether a specific property is a good deal or an overpriced outlier.

The Knight Group maps In 90272 at the street level — not just the zip level. That means identifying which specific addresses within the zip code offer the most value for your criteria before you tour.

Area Details

The 90272 Lifestyle: More Than Just a Zip Code

Living in Pacific Palisades isn’t just about the real estate – it’s about buying into a lifestyle. From the weekly farmers market in the Village to sunset hikes in Temescal Canyon, 90272 offers a unique blend of coastal living and urban amenities.

But that lifestyle comes at a price. A cost of living analysis shows that Pacific Palisades is 337.8% more expensive than the U.S. average, with housing being the biggest factor at 841.5% above the national average.

Many of my clients are drawn to the Palisades for its sense of community and natural beauty, says Rachel Goldstein, a luxury real estate agent with Compass. But I always emphasize the importance of looking beyond the property itself to truly understand what living here entails.

This includes factoring in things like:

Private school tuition (averaging $40,000+ per year)
Membership fees for exclusive beach clubs like the Bel-Air Bay Club
The cost of regular home maintenance in a coastal environment
Higher prices for everyday goods and services in local shops

While Pacific Palisades offers an unparalleled lifestyle. It’s worth noting that other nearby areas can provide similar amenities at a potentially lower cost. For instance, those interested in coastal living might also consider exploring homes for sale in 90265, which includes the beautiful Malibu area. Additionally, for those seeking a balance between urban convenience and suburban tranquility, homes for sale in 90064 in the Westside area might be worth a look.

The Academic Advantage: Education in 90272

– for many buyers, schools are the make-or-break factor. And in 90272, the education game is strong. Palisades Charter High School consistently ranks among the top public high schools in California. But – it’s a charter school, which means admission isn’t guaranteed just because you live in the area. The competition is fierce, and some families find themselves navigating a nail-biting lottery system.

According to the California Department of Education, Palisades Charter High School has a 97% graduation rate and an impressive 70% of students meeting UC/CSU entrance requirements. These statistics place it in the top 5% of California public high schools.

For the elementary set, Palisades Elementary Charter School is the crown jewel. Its API scores are off the charts, and the parent involvement is next level. But be warned – the pressure cooker starts early here. Don’t be surprised to see kindergarteners with color-coded planners and overstuffed backpacks.

The academic rigor at Palisades Elementary is unparalleled, notes Dr. Emily Chen, an educational consultant specializing in LA’s Westside schools. But it’s crucial for parents to balance that with their child’s individual needs and learning style.

Of course. This being LA, private schools abound. Viewpoint School and Calvary Christian School are popular choices, offering rigorous academics and eye-watering tuition bills. But hey, that’s the price of excellence in 90272, right?

A recent study by education ranking site Niche.com placed both Viewpoint and Calvary Christian in the top 20 private schools in the Los Angeles metro area, citing their strong college prep programs and diverse extracurricular offerings.

How do I get around 90272?

The In 90272 zip code spans multiple street grids and neighborhood types. Additionally, for those seeking a balance between urban convenience and suburban tranquility, homes for sale in 90064 in the Westside area might be worth a look. Commute times vary significantly by exact address within the zip — buyers and renters should factor in their specific route when evaluating properties.

Public transit coverage across In 90272 is uneven. Some corridors have strong Metro bus service; others are primarily car-dependent. The Knight Group can advise on specific addresses relative to your commute requirements.

What local infrastructure does 90272 have?

The In 90272 area includes a range of local services — grocery, medical, and schools — that vary by micro-location within the zip. School boundaries in particular do not follow zip code lines; confirm your specific school assignment directly with the relevant district before making a purchase decision.

Market Trends

Market Madness: Navigating the 90272 Real Estate Rollercoaster

Buckle up, folks. The 90272 real estate market is not for the faint of heart. One minute. It’s a seller’s paradise with bidding wars and all-cash offers. The next. It’s a buyer’s market with price cuts and extended days on market. So, what’s the deal?

Let’s break it down. As of November 2024, the median sale price in 90272 was a cool $3.2 million. That’s a 19.5% decrease from the previous year. Before you start celebrating, potential buyers, remember – this is still Pacific Palisades. A bargain here might still require you to sell a kidney or two.

Now, here’s where it gets interesting. The average days on market has skyrocketed to 49 days, up 109.1% from last year. What does this mean? Well. It’s a bit of a mixed bag. On one hand, buyers have more time to tour properties and make informed decisions. On the other, it could indicate a cooling market, which might make sellers nervous.

But wait, there’s more! A whopping 80% of homes in September 2024 were sold below asking price. Is this the end of the 90272 real estate boom? Not necessarily. Remember, we’re dealing with luxury properties here. A million-dollar price cut on a $10 million mansion is just a rounding error for some buyers.

– inventory is up 16.2% compared to last year. More choices for buyers, right? Well, yes and no. While there are more homes on the market, many are what agents politely call aspirational pricing. Translation: sellers who still think it’s 2021 and are holding out for record-breaking offers.

We’re seeing a shift in the market dynamics, explains Mark Thompson, chief economist at the Los Angeles Real Estate Board. The frenzy of 2021-2022 has cooled, but Pacific Palisades remains a highly desirable area. Buyers now have more leverage, but they shouldn’t expect fire-sale prices in this zip code.

So, what’s a savvy buyer to do in this market? First, forget everything you think you know about normal real estate. 90272 plays by its own rules. Second, be prepared for the long game. The days of snap decisions and sight-unseen offers are (mostly) over. And finally, remember that in Pacific Palisades, patience can pay off – literally.

Case in point: A recent sale on Via Anita initially listed for $7.5 million in early 2024. After 120 days on market and two price reductions, it sold for $6.995 million. The patient buyer scored a $505,000 discount – enough to cover a few years of property taxes and maybe a new Tesla or two.

The Hidden Costs of Paradise: Beyond the Mortgage

When you’re eyeing that right property in 90272. It’s easy to fixate on the sticker price. But living in Pacific Palisades comes with a host of hidden costs that can catch even the savviest buyers off guard.

First up: property taxes. With a median home price of $3.2 million, you’re looking at an annual property tax bill of around $40,000. And that’s just the start. Many neighborhoods in 90272 have additional Mello-Roos taxes or special assessments for things like road maintenance or fire protection.

Buyers often underestimate the impact of property taxes on their monthly budget, warns Lisa Chen, a certified financial planner specializing in high-net-worth clients. In 90272. It’s not uncommon for property taxes to equal or exceed mortgage payments, especially for those with substantial down payments.

Then there’s the cost of keeping up with the Joneses – or in this case, the Spielbergs and the Hanks. From landscaping to home security systems to the latest smart home tech, maintaining a Pacific Palisades property can feel like a full-time job with a CEO’s salary.

Don’t forget about insurance. With many properties in 90272 located in high-fire-risk zones, homeowners insurance can be eye-wateringly expensive. A recent report from the California Department of Insurance noted that premiums for homes in high-risk fire areas have increased by an average of 31% since 2020.

And let’s talk about those ocean views. They’re sure, but they come with their own set of maintenance headaches. Salt air can wreak havoc on exteriors, leading to more frequent painting and repairs. Coastal erosion is a real concern for bluff-top properties, potentially requiring expensive mitigation measures.

Verify current figures per MLS before making pricing decisions.

Buyer’s Market Context: In 90272

The Los Angeles residential market is hyperlocal. Broad city-level or county-level trends describe the average — and the average doesn’t tell you what’s happening on a specific street in In 90272. The factors that affect pricing, days on market, and buyer competition here are micro-level: lot size, views, condition, and proximity to specific amenities.

Price range in In 90272: varies by property. This reflects the current spread between entry-level and top-end properties in this area. Where you land within that range depends on lot size, condition, bedroom count, and street positioning. Verify all figures per MLS before making pricing decisions.

How do I make an offer in 90272?

Buyers in In 90272 should come prepared: pre-approval in hand, comparable sales reviewed, and a clear sense of their must-haves versus trade-offs. In a well-priced property situation, multiple offers are common. The Knight Group prepares buyers with a current market analysis specific to the address before any offer is submitted.

For sellers: The Knight Group’s approach in In 90272 includes pre-marketing to qualified buyers before any public listing, which reduces days on market and increases the probability of a clean transaction.

FAQs

FAQs: The Burning Questions About 90272 Real Estate

Q: What are the average home prices in 90272? A: As of November 2024, the median sale price in 90272 is $3.2 million. But remember, average in Pacific Palisades is anything but. You’ll find everything from (relatively) modest condos in the $750,000 range to sprawling estates topping $50 million.

Q: How long do homes typically stay on the market in 90272? A: Currently, homes in 90272 are averaging 49 days on market. But don’t let that number fool you. Some properties are snapped up in days, while others linger for months. It all comes down to pricing, condition, and that ineffable quality known as Palisades appeal.

Q: What are the best schools in the 90272 area? A: Palisades Charter High School and Palisades Elementary Charter School are the standout public options. For private education, Viewpoint School and Calvary Christian School are popular choices. But remember, best is subjective. Your child’s needs and your family’s values should guide your decision.

Q: Is now a good time to buy in 90272? A: Ah, the million-dollar question (or in this case, the multi-million dollar question). The market is showing signs of cooling, with increased inventory and more homes selling below asking price. This could present opportunities for buyers. However, Pacific Palisades is always in demand, so don’t expect fire-sale prices. As always, your personal financial situation and long-term goals should guide your decision.

Q: Are there any upcoming developments or zoning changes in 90272? A: The big news was the Caruso Project, which transformed the Palisades Village. While there are no major developments on the horizon, keep an eye on proposals for increased density in some areas. The community is generally resistant to large-scale changes, but LA’s housing crisis could lead to some interesting debates in the coming years.

Q: What’s the deal with all these off-market listings I keep hearing about? A: Ah, welcome to the world of pocket listings – the not-so-secret secret of high-end real estate. Many 90272 properties never hit the MLS, instead changing hands through whisper networks of top agents. It’s frustrating for buyers, but it’s part of the game in luxury markets. Your best bet? Find a well-connected local agent who can give you the inside scoop.

How does In 90272 compare to nearby neighborhoods?

In 90272 offers a distinct combination of location, price point, and community character. The right comparison depends on your priorities — buyers choosing between In 90272 and nearby options typically trade off commute distance, lot size, school options, and price. The Knight Group can walk you through the trade-offs for your specific situation.

What should I know about schools in In 90272?

School assignments in In 90272 depend on your exact address. The Knight Group recommends confirming your assignment directly with the local district before committing to a purchase — school boundaries do not follow neighborhood or zip code lines and can change. We can identify which addresses within In 90272 fall into specific school zones.

What is the buying process like in In 90272?

Buyers in In 90272 should expect to move quickly on well-priced properties. The Knight Group prepares buyers with a current market analysis before any showing — comparable sales, days on market, and pricing trend — so you can make a confident decision on the spot if needed. Pre-approval from your lender should be in hand before touring.

How long does a typical transaction take in In 90272?

A standard residential purchase in In 90272 takes 30–45 days from accepted offer to close of escrow. Cash transactions can close in as little as 10–15 days. The timeline is driven by loan underwriting, appraisal scheduling, and title search. The Knight Group manages the timeline actively and flags any delays early so buyers can make informed decisions about contingency periods.

What closing costs should I budget for in In 90272?

Buyers in In 90272 should budget 1–3% of the purchase price in closing costs, depending on loan type, lender fees, title insurance, and escrow costs. Property taxes are prorated at close. First-time buyers may qualify for transfer tax exemptions in some jurisdictions. The Knight Group can provide a closing cost estimate for any specific transaction before offer submission so there are no surprises at close.

Does The Knight Group work with buyers who are relocating to In 90272 from out of state?

Yes. The Knight Group regularly works with out-of-state buyers relocating to the Los Angeles area. We can conduct virtual tours, prepare offer packages remotely, and coordinate all transaction logistics without requiring your physical presence until close — or at all in some cases. Reach out to discuss your timeline and we’ll structure the process around your situation.

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