4
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$2,999,999
Est. payment /mo
0.29 Acres Lot
New
816 El Oro LN Pacific Palisades, CA 90272
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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
Listed by Timothy Di Prizito • Christie's International Real Estate SoCal