860 Via De La Paz, Pacific Palisades, CA 90272

$6,995,000

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List Price
$6,995,000
Price Change
▼ $300,000 1780006701
Status
ACTIVE
MLS#
25625821
Lot Size
15,006
Acres
0.34
Days on Market
221
Property Type
Land

Property Description

PRICE REDUCED! Rare opportunity to acquire 860 Via De La Paz, a premier 15,000 SF cleared Village infill site in the heart of Pacific Palisades. Recently impacted by the Palisades fire, the property has since been fully cleared, creating a blank canvas for a buyer to reimagine a prime coastal development opportunity.The previous structure was a 34,533 SF office building, and the site may offer the potential for an approximately 38,000 SF rebuild opportunity, subject to buyer verification. Zoned C2-1VL, the property supports a range of potential commercial or mixed-use uses, including boutique retail, creative office, medical, wellness, restaurant, or mixed-use development. An expedited City review path may also be available.Located steps from Palisades Village, with immediate access to Sunset Boulevard, Pacific Coast Highway, and Temescal Canyon, the site benefits from exceptional visibility, affluent surrounding demographics, and proximity to the Village's premier retail, dining, and wellness amenities. With its cleared condition, rare infill location, and limited future development opportunities in one of Southern California's most desirable coastal markets, 860 Via De La Paz presents a compelling opportunity to deliver a landmark project in Pacific Palisades.Buyer to independently verify all zoning, development options, rebuild potential, and expedited review process.

Additional Information

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Attached Structure
Detached

Listing courtesy of Listing Agent: Janet Neman (jneman@kiddermathews.com) from Listing Office: Kidder Mathews of California, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.