1545 Umeo Road, Pacific Palisades, CA 90272
- $4,175,000
- List Price
- $4,175,000
- Price Change
- ▼ $400,000 1779940680
- Status
- ACTIVE
- MLS#
- 26648701
- Lot Size
- 22,689
- Days on Market
- 162
- Property Type
- Land
- Foreclosure
- Yes
Property Description
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. Seller is open to carry at interest only for 5 years.
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Additional Information
- View
- Canyon, Mountain(s), Ocean
- Sewer
- Other
Mortgage Calculator
Listing courtesy of Listing Agent: Anthony Marguleas (anthony@amalfiestates.com) from Listing Office: Amalfi Estates.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.