Land - 16450 W Sunset Boulevard, Pacific Palisades, CA

$3,500,000

16450 W Sunset Boulevard, Pacific Palisades, CA

16450 W Sunset Boulevard, Pacific Palisades, CA 90272 - $3,500,000 · Land for Sale, photo 3

16450 W Sunset Boulevard, Pacific Palisades, CA 90272 - $3,500,000 · Land for Sale, photo 4

16450 W Sunset Boulevard, Pacific Palisades, CA 90272 - $3,500,000 · Land for Sale, photo 5

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Description

This property presents a unique opportunity to develop a multi-unit project in a sought-after village location. The parcel of over 26,000 square feet previously housed 8 luxury condominiums totaling approximately 21,276 square feet of living space. The parcel is on the south side of Sunset Blvd. between Bienveneda Avenue and Las Casas Avenue, not far from re-emerging schools, shops, restaurants and services of the Palisades village. It is zoned LARD5 and while the site is void of the condominium structures, a large subterranean parking garage remains at the property. The size and topography of the lot, combined with its proximity to this redeveloping community, make this site a winner. Take advantage of the moment!

Property details

Property type

Land

Lot size

26,626 sqft

Location

16450 W Sunset Boulevard • Pacific Palisades, CA 90272

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Listed by

John Closson · Berkshire Hathaway HomeServices California Properties

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Closed sales reported in 90272, nearest first, last 12 months. All recent sales in Pacific Palisades →