16431 W Sunset Boulevard Unit A, Pacific Palisades, CA 90272

$1,299,000

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List Price
$1,299,000
Status
ACTIVE
MLS#
26663175
Lot Size
5,170
Days on Market
138
Property Type
Land

Property Description

Located along iconic Sunset Boulevard in Pacific Palisades, this vacant parcel was previously a fantastic multi-story duplex with two Townhouse-style units back-to-back. The rear unit enjoyed views of the Santa Monica Mountains and green belt behind the property, while the front unit had balconies on both levels, elevated above Sunset Blvd. With its multifamily LAR3 zoning, the property presents compelling potential for redevelopment, including the possibility of constructing more than 2 units (buyer to verify with the City of Los Angeles). Just minutes from Palisades Village, the beach, hiking trails, and wonderful schools, this property presents an opportunity for those looking to participate in the next chapter of Pacific Palisades' rebuilding and revitalization. Buyer to verify all development possibilities, zoning, and rebuilding guidelines with the City of Los Angeles.

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Alison MacCracken (alison@maccracken.com) from Listing Office: Compass.

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.