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 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.
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