16150 Northfield Street, Pacific Palisades, CA 90272

Property Description

Attention Investors, Developers, and End-Users: Plans for a 5,200-square-foot home are approved and ready to issue (RTI), allowing construction to begin immediately. There are two versatile options available and ready to go! Option A is for a 4+4 main house spanning 3,738 square feet plus a 500-square-foot 1+1 Junior ADU, half-open to the lower yard with a private patio and separate entry. Option B builds a 5+5 main house spanning 4,238 square feet in addition to a 2+2 ADU at 1,000 square feet, complete with direct access to its own separate garage. You can be a part of the restoration and rebuilding of beloved Pacific Palisades with significant upside potential. Plans are available upon request. Or, start from scratch to completely reimagine and construct your dream home! Permits are fast-tracked by LA County for "like-for-like" rebuilds when structures are rebuilt to the same size, location, and purpose of the original structure and do not increase the floor area, size, height, or footprint by more than 10% (buyer to fully investigate and verify local requirements which may evolve). With great effort taken by city departments to improve the resilience of infrastructure and to promote fire-resistant construction in the area, a restored Pacific Palisades will be better than ever. This desirable corner lot is sited just moments to world-famous beaches, hiking trails, the Palisades Village shopping center which reopens in August, and the best of the Westside.