$19,995,000

Est. payment - /mo

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1.04 Acres Lot

New

17250 W Sunset BLVD Pacific Palisades, CA 90272

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The Brandon Drew Group

financing@tbdgmortgage.com +1(909) 944-8800

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25535371

HOA Y/N No

Lot Size 1.038 Acres

Property Description

The previous 75 unit multi-residential Property burned during the January 2025 fire. Presently the Property is vacant land. Proposed Project : According to City of Los Angeles Mayor's Executive order, a new luxury 75-unit multi-family property may be built with 70,778+/- S.F. FAR. The architectural rendering shown here of a potential future development has been created by Artificial Intelligence. Pacific Palisades is on the road to recovery as the rebuilding process is now underway. The property provides a prime opportunity for a developer to be a part of bringing modern, luxury housing to this very affluent, resilient, and coveted community. Ideally located on iconic Sunset Boulevard, the parcel is well-located between Santa Monica and Malibu. It is just minutes from the beach and a short distance from Palisades Village. Under the Los Angeles Mayor's executive order, this site is eligible for a 110% FAR (floor area ratio) and will need to be the same use as the pre-wildfire structure. There has been a concerted effort from residents as well as government officials to work together to rebuild the community and reduce obstacles in the way of rebuilding.

Location

State CA

County Los Angeles

Area C15 - Pacific Palisades

Zoning LAR3

Interior

Fireplace No

Exterior

View Y/N No

View None

Building

New Construction No

Others

Senior Community No

Tax ID 4415017003

Special Listing Condition Standard

Listed by Hamid Soroudi • Keller Williams Beverly Hills

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