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Pacific Palisades Real Estate Update: Four Months After the Fire

Michael Edlen

By MICHAEL EDLEN | Special to the Palisadian-Post

“Is anyone buying yet in the Palisades?”
“Have prices really dropped by 50%?”
“Are any homes selling today?”
“Has the leasing market dried up?”

These are just some of the questions circulating as we begin to assess how the real estate market has responded to the devastation of the Palisades fire four months ago. Understandably, answers vary depending on the neighborhood and proximity to burn zones, though the data reveals a much more active and nuanced market than many may realize.

Home Sales: Limited but Strong

Since January 7, 12 homes have sold in Pacific Palisades. As would be expected, 75% of them were in the Riviera and Rustic Canyon—areas least affected by the fires. These were all standing homes, with an average sale price exceeding $7 million. Of the 40 homes currently on the market, half are in the Riviera, Rustic Canyon and the Huntington, listed at an average of $10 million.

Leasing Activity Continues

Leasing has also remained active, with more than one home leased per week on average, primarily in the same neighborhoods where home sales have occurred. The median lease price to date is $35,000 per month, reflecting strong ongoing demand for high-end leases in unaffected or less-affected areas.

Vacant Lots: The New Market Segment

The most significant market shift is the emergence of a large inventory of vacant lots. At the start of the year, only a few were available. Today, that number has grown to over 175. Yet demand remains steady, with more than 10 lot sales per month and an average price of $2.5 million.

Of the 42 lots sold so far:

  • 38% received multiple offers, typically those priced near or below realistic market value.
  • 33% had price reductions before they sold.
  • 30% of current listings or escrows have also undergone price adjustments.

Pricing appropriately has proven to be a critical factor in achieving results.

Market Conditions: A Buyer’s Advantage

Depending on the neighborhood and its proximity to fire-damaged zones, both home and land values are currently down by approximately 20 to 40%. At today’s absorption rate, there is enough vacant lot inventory to last about 18 months, marking this as a strong buyer’s market. Sellers who are responsive to market conditions are seeing meaningful activity; others may find themselves waiting a long while.

Looking Ahead: Making Informed Decisions

While the landscape has changed dramatically, the market is far from inactive. Activity continues, particularly in certain neighborhoods, and well-priced properties are attracting interest.

Every situation is unique, and we’re here to help you make informed decisions. Whether you’re thinking of selling, buying, leasing or just want to understand how values may have shifted in your specific area, feel free to reach out.


We’re just a call, text or email away, and always available at team@edlenteam.com or 310-600-7422.

Betty Lee McKeever

June 25, 1922 – April 28, 2025

A long-time Palisadian and proud member of the Cherokee Nation passed away peacefully on Monday, April 28.

Betty Lee McKeever, who was 102 years old, had lived in the Palisades with her family since 1961. She was born in Stilwell, Oklahoma, in 1922, the youngest of six children. She was 100% Native American.

She attended Bacone College and graduated with a business degree, and worked for the FBI in her early years. In 1953 she married Thomas “Mac” McKeever and they had three daughters. In 1961 he was transferred by McDonnell Douglas from Tulsa, Oklahoma, to work in Santa Monica, California. They settled in Pacific Palisades and raised their family there.

Betty was an active member in the Palisades helping at Palisades Elementary in the PTA and became secretary of her beloved church, Calvary Church of Pacific Palisades. She retired in 1987, and she and Mac traveled around the U.S.

After Mac died in 1999 she continued to travel with family and friends. She enjoyed sewing and tending her garden and was always doing something “crafty.” Even in her final months of life she was sewing dresses for children of the Lakota and Sioux Nation to be sent to them.

Tragically her cherished home in the Palisades, which over the years hosted so many people and events, particularly the annual July 4 celebration, was lost in the January 7 fires. But her spirit lives on in her family. Betty is survived by three daughters: Patty Naff (Rick), Janis Hatch (Brooks) and Sharon Favia (Marc, deceased), three granddaughters and their spouses, four great-grandchildren, and three step-grandchildren.

She was very proud of her Native American heritage and promoted it whenever she could. In lieu of flowers, donations to the Cherokee Nation can be made in her name or the family requests that you make a donation to your favorite charity in her name.

A Celebration of Life Service will be planned for sometime later in the year. For further inquiries contact Patty Naff at naffpatty@gmail.com.

“Precious in the sight of the Lord is the death of his saints.” – Psalm 116:15

Triple Crown

Caleb Scott hits a forehand winner in the City doubles final on Tuesday.
Photos by Steve Galluzzo

By STEVE GALLUZZO | Sports Editor

When they looked across the net in Tuesday’s afternoon’s City Section individual doubles final, Caleb Scott and Max May saw familiar faces staring back at them­—those of Palisades High teammates Teddy Brainard and Zach Cohen.

In an all-Dolphins matchup, Scott and May used their experience  and shotmaking to prevail, 6-2, 6-3, but there were really no losers for anyone wearing the uniform, as Balboa Sports Center became the battleground on which Palisades’ boys tennis program completed its latest “triple crown,” though the last leg would have to wait a few extra days.

Palisades won its 16th consecutive championship earlier this month and when its top two players, Neel Joshi and Lorenzo Brunkow, won their semifinal matches against other opponents Monday it guaranteed the Dolphins a sweep of the team, singles and doubles titles.     

“This is our second full season playing together so we have a lot of set plays,” Scott said. “The team title is assured so it doesn’t feel like as much of a win. We had to put everything on the line in individuals.”

Max May serves an ace in the City doubles final at Balboa Sports Center.

“It’s a bit easier playing our teammates because we know what they do,” May added. “Our serving and our net play are our strengths.”

In the team final May 1, the senior pair won both of their sets at No. 1 doubles and earned the championship-clinching point before being subbed out for their last match. Scott played with Joshi at the Ojai Tournament but his regular partner is May and the No. 1 seeded duo clicked throughout the five rounds of the individual bracket.

Playing for third-place one court over on Tuesday were Palisades’ Ben Babikian and Tristan Kiperman, who beat El Camino Real’s Isaac Cline and Chin Kanthakhan 6-3, 6-4.

“I’d rather play a team from a different school,” Babikian said. “We paired up for this tournament becaudse we’re both seniors. Tristan’s net play really stood out today.”

“The best part about Ben’s game is that he’s consistent,” Kiperman added. “He gets a lot of balls back in play.”

Both Kiperman and Babikian will attend the University of San Diego in the fall, though not to play tennis. No matter, they have enjoyed plenty of wins in their high school careers.

“It’s amazing to think our team has not only the two best [singles] players in the City, but also the three best doubles duos,” Scott said.

Last spring, Brunkow became the fifth Palisades player in a row to win the City singles title (Joshi won it the year before) and the two friends will play each other next week to determine the 2025 champion. Tuesday’s final was postponed because Joshi woke up sick after gutting out a three-set win in the semifinals.

Sarkisian Wins Section Crown

Amelia Sarkisian
Photo: Brentwood Athletics

Showing why she was one of the Palisadian-Post’s top athletes of the year in 2024, Brentwood School sophomore Amelia Sarkisian won the 1600 meter race in a personal-best 5:08.41, took second in the 800 in 2:21.82 and won the 3200 meters in a time of 11:04.73 at the Gold Coast League Track & Field Championships on April 29.

On May 10 at the Southern Section Division 4 prelims in Carpinteria, she was the top qualifier in both the 1600 (in a time of 5:12.02) and the 3200 (in a time of 11:29.91) and last Saturday in Moorpark she won the 3200 in 10:55.96.

In November, Sarkisian covered the three-mile Woodward Park course in Fresno in 17:31.8 to take first place by 15.6 seconds in the Division V girls race at the CIF state cross country finals. That came after winning the Southern Section title in 18:13.2 and the Gold Coast League individual crown in 17:01.40 while leading the Eagles to second in the team standings. She clocked 17:17.4 to win the White Varsity Girls A Division race at the Woodbridge Classic in Irvine.

Seconds Count at City Swim Finals

Bailey Gair swims the butterfly leg in the 200 medley relay.
Photos by Steve Galluzzo

Palisades High coach Maggie Nance is used to leaving the City Section Championships soaking wet after a celebratory plunge in the pool. This year, she left dry as both the boys and girls finished second May 10 at Valley College, but she was as  proud of this year’s group as she has been for any of her winning teams because of the trials and tribulations so many of her swimmers faced in the aftermath of the Palisades Fire that damaged their campus and forced them to train and compete elsewhere.

Freestyler Sabrina Kim
Breaststroker Noa Levertov

“We didn’t have the numbers we typically do and a lot of our fastest swimmers transferred out,” Nance said. “The kids performed so well today, I really can’t be disappointed.”   

The boys accumulated 314 points to finish well behind first-place Granada Hills (473) but way ahead of third-place Cleveland (259.5). After tying Granada Hills to share the title last year, the girls settled for second this time with 252 points. Granada Hills won with 426.

Anthony Navarrate placed second for the boys  and Emme Federman was second for the girls in the diving competition days before the meet, earning their teams 17 valuable points.

The girls’ 200-yard medley relay, consisting of Nicole Magnusen, Noa Levertov, Bailey Gair and Sabrina Kim, was second in 1:55.19 while the boys’ medley foursome of William Ryan, Riley Amis, Christopher Goodman and Roi Levertov won in 1:38.17. Levertov won the 50 freestyle sprint in 21.96 and Riley was second in the 100 freestyle.

Riley Amis on the block to start the 100 freestyle.
Christopher Goodman in the 200 individual medley.

   

Partain Is King on the Beach

Miles Partain
Photo: USA Volleyball

Showing why he is one of the best beach volleyball players on the planet, Palisades High graduate Miles Partain teamed with Andy Benesh to win the AVP Huntington Beach Open on May 11. The duo beat  fellow 2024 Olympians Chase Budinger and Miles Evans 21-14, 21-14 in the finals and did not drop a set in four tournament matches. It was their second Huntington Beach title together (they also won it two years ago, their first AVP title as a team).

Partain and Benesh were second in the group stage at the Summer Games in Pari, then upset the Italian duo of Samuele Cottafava and Paolo Nicolai in the round of 16. They  fell to Cherif Younousse and Ahmed Tijan of Qatar in the quarterfinals but took fifth place.

   At age 22, Partain became the youngest USA beach volleyball player in Olympic history. He won three City titles at Palisades, was valedictorian in 2020 and played for Pac6 Volleyball Club. In 2017, he and his older brother Marcus became the youngest duo to make the main draw of an AVP event.

Relayers Scorch Track at Prelims

Harrison Carter holds the baton as he starts his leg of the 4x100 relay at last Thursday’s preliminaries.
Photos by Steve Galluzzo

The temperature was high last Thursday at the City Section Track & Field prelims and no team was hotter than Palisades’ boys 4×400 relay, which won its heat while posting the day’s fastest qualiyfing time. The foursome of Harrison Carter, Jayden Joch, Armani Lindley and Ronin Sherertz ran the four-lapper in 3:21.92, better than five full seconds ahead of second-place Granada Hills, and hopes to repeat its performance in today’s finals at Birmingham High.

The Dolphins’ 4×100 boys relay was fifth and also secured a spot in the finals in a heat-best time of 43.59 seconds. In the sprints, LeHenry Solomon clocked 11.32 in the 100-meter dash but just missed qualifying for the finals while Lindley ran the 200 in 22.72 to nab the eighth and last qualifying spot.  Sherertz was the fourth-fastest qualifier in the 400 meters with a time of 49.80.

Senior Skyla Jones ran the 400 meters in a personal-best 59.55 seconds, taking second place in her heat at the City prelims.

Andrew Razo broke two minutes (1:59.69) in the 800 and was seventh overall, easily advancing to today’s finals, while  fellow junior Jackson Taylor (2:02.35) also qualified.

Freshman Theo Mayeda ran the 1600 in 4:41.84. Marley Duff was 12th in the 110 high hurdles (16.84) and 10th in the 300 hurdles (42.59).

For the girls, Kalee Herd ran the 100 in 13.38 and the 200 in 27.83. Skyla Jones qualified for the finals in the 400 with a personal-best time of 59.55. Annie Refnes won her 800 heat in 2:21.13 and cleared 4-10 to advance in the high jump.   

Kendal Shaver (5:32.63) and Amelia Halpin (5:37.95) got the last two qualifying spots in the 1600. Ava Bondar (49.56) qualified in the 300 hurdles, the Dolphins’ 4×200 relay was third and  the 4×400 relay of Jones, Shannon Cantwell, Herd and Refnes had the second-fastest qualiyfing time (4:09.34).    

Pali High Golfers Finish First at League Finals

Following his team’s two-stroke defeat to Granada Hills on May 7 at Knollwood Country Club, Palisades High boys golf coach Dave Suarez gave what he called “the longest post-round  talk of all time.”

His players took his motivational speech to heart six days later, claiming first place at League Finals  with a collective score of 393 on Griffith Park’s Wilson Course. The Dolphins were led by reigning City individual champion Luke Schultz, who carded a 74 (33 on the back nine). Jake Norr and Grant Bigelow shot 79s, Cole Christopher carded an 80 and Michael Conner and Mason Geller each carded an 81. Joseph Wong of Granada Hills shot a sizzling six-under-par 66 to capture medalist honors and establish himself as the favorite heading into yesterday’s City Finals on Griffith Park’s shorter Harding Course. He and two teammates tied for the low score with 37s in the  Highlanders’ earlier 201-203 victory over Palisades.

Granada Hills finished second on May 14 with a team score of 399, followed by Cleveland (470) and Chatsworth (472). Palisades beat runner-up Granada Hills by 10 shots for its 23 City title last spring.          

Baseball Season Comes to an End

Outfielder Noah Andrews chest bumps pitcher Jett Teegardin after throwing a runner out at home against Kennedy.
Photos by Steve Galluzzo

By STEVE GALLUZZO | Sports Editor

There were plenty of tears being shed and hugs being exchanged  in the visitors’ dugout last Saturday afternoon at Carson High after Palisades’ season ended in a 6-0 loss to the second-seeded Colts in the City Division I quarterfinals.

“It hurts right now, but when you look back someday on what you’ve had to endure, not having a field but finishing runner-up in league and making it to the second round of the playoffs, you’ll hold your heads high,” said Mike Voelkel, who has coached the program to 316 victories and 11 league titles in his 18 seasons. “We got beat by a better team.”     

The seventh-seeded Dolphins (18-11) were held to one hit in the first three innings but threatened in the fourth before stranding runners at second and third. Carson’s Juno Carillo hit an RBI single in the third and another run scored on an error. The Colts tacked on four more runs in the fourth and only two Dolphins reached base in the last three innings.

After a bye in the first-round, Palisades traveled to 10th-seeded Kennedy last Thursday. Palisades scored three runs in the first inning and another in the third. Center fielder Noah Andrews threw a runner out at the plate in the sixth to keep his team ahead. In the bottom half, Jack O’Brien hit an inside-the-park homer to score three runs and in the seventh reliever Ian Sullivan allowed one run but struck out to batters to nail down the 7-4 win. Jett Tegardin allowed three runs on three hits with eight strikeouts in six innings.

—– Click on any photo below to view slide show —–

Softball Third in Western League

Amanda Brown
Photo: Steve Galluzzo

Injuries have plagued the Palisades High softball team all season long but after finishing third in the Western League the Dolphins got seeded ninth in the City Section Division I bracket and traveled to eighth-seeded Verdugo Hills on Wednesday (result unavailable at press time). If victorious, the team will take on No. 16 Cleveland or No. 1 Port of Los Angeles in the quarterfinals Friday at 3 p.m. The semifinals are  May 28 and the final is May 31 at noon at a neutral site.

Palisades has never captured a City softball title, but advanced to the Division II final in 2021 (losing at home to Gardena) and the Division I semifinals last spring.

The Dolphins (10-6) are led at the dish by junior Kharlee Sanders (.529 batting average, 22 RBIs, four home runs, six stolen bases and a 1.158 slugging percentage) and senior Amanda Brown (24 hits, 22 runs) and in the circle by freshman pitcher Sarah Feldman (51 strikeouts in 42.3 innings).