816 El Oro LN new

Pacific Palisades,CA 90272

$ 2999999

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25515045

HOA Y/N No

Lot Size 0.291 Acres

Lot Dimensions Assessor

Property Description

Prime Pacific Palisades Development Opportunity with incredible sweeping ocean views. A Rare Opportunity to create your dream home in arguabley one of the best streets and neighborhoods of the highly sought-after Palisades! This expansive 12,697 sq. ft. lot offers ample space for your vision. Previous structure was a +/- 3,000 sq ft mid-century home + ADU (total square footage unknown). EPA Phase I is complete. Phase 2 is under way by U.S. Army Corps of Engineers! Ocean View property on street formerly lined with $10M+ properties. Zoned R1-1, this lot provides the flexibility to rebuild through an expedited process or pursue a larger build with city approval. With Pacific Palisades undergoing significant transformation, this property is an exceptional opportunity for developers, builders, investors or owner users looking to capitalize on one of LA s most desirable coastal locations. 14 LOTS ALREADY SOLD, BE PART OF THE FAST GROWING INTEREST TO REBUILD. NOW IS THE TIME TO AQUIRE, AS LAND VALUES WILL ONLY RISE. This is a rare chance to invest in the beloved Palisades, which will become one of the most sought after communities in all of Los Angeles.

Location

State CA

County Los Angeles

Area C15 - Pacific Palisades

Zoning LAR1

Interior

Fireplace No

Exterior

View Y/N Yes

View Mountain(s),Ocean

Building

New Construction No

Others

Senior Community No

Tax ID 4419001022

Special Listing Condition Standard

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