816 El Oro Lane
Pacific Palisades, CA 90272
0.29 acres | #25515045
Description
Prime Pacific Palisades Development Opportunity with incredible ocean views. A Rare Opportunity to create your dream home in 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). Debris removal is under way by U.S. Army Corps of Engineers! Clean up will be done in 2 weeks, army corp scheduled in 1 week, with est completion in 2 weeks. 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. Under current Los Angeles rebuilding regulations, you are permitted to increase your property's original square footage by up to 10% when reconstructing after fire damage. With Pacific Palisades undergoing significant transformation, this property is an exceptional opportunity for developers, builders, or investors looking to capitalize on one of LA s most desirable coastal locations. Offers welcomed.
Property Details
- ViewMountains, Ocean
- CountyLos Angeles
- Original List Price$2,999,999
- Property TypePurchase
- MLS #25515045
- MLS #25515045
- Cost2999999
- Acres0.2909
- Property SubtypeLand
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Timothy Di Prizito (#CLW-X62994)
Listing Office: Christie's International Real Estate SoCal (#CLW-X83391)
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