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Land - 1515 Umeo Road, Los Angeles, CA

$5,395,000

1515 Umeo Road, Los Angeles, CA

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Description

**Inquire about available creative financing options ** As the Pacific Palisades rebuilds, 1515 Umeo offers an opportunity to invest in its next chapter and establish your own. Once home to a 4,320-square-foot residence, this approximately 0.75-acre property at 1515 Umeo Road presents a rare opportunity to build a legacy in the coveted Pacific Palisades Riviera, near Riviera Country Club. The original home was lost in the Palisades fires, but the land, the setting, and the possibilities for its next chapter remain. The previous owners created a terraced pathway leading down the hillside to gardens. There is potential to explore further terracing down the slope, creating new ways to enjoy the grounds and bring a larger vision to life, subject to applicable approvals. Rarely does the opportunity to acquire this much land in the Riviera come to market. For those looking to build a custom estate or make a significant addition to their real estate portfolio, the appeal is clear: a substantial property in an established neighborhood with the opportunity to shape its future. This is a place to plant roots and create a home that can be held for generations.

Property details

Property type
Land
Lot size
33,876 sqft

Location

1515 Umeo Road • Los Angeles, CA 90272

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Listed by

Josh Picker · Douglas Elliman of California, Inc.

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Recent sales near 1515 Umeo Road

Closed sales reported in 90272, nearest first, last 12 months. All recent sales in Los Angeles →

Sale history for 1515 UMEO Road