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816 El Oro Lane

Los Angeles CA 90272

12671 sq. ft.
Land
Currently for sale - view listing

Overview

Prime Pacific Palisades Development Opportunity with incredible sweeping ocean views. A Rare Opportunity to create your dream home in arguabley one of the best streets and neighborhoods of 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). EPA Phase I & 2 is complete by U.S. Army Corps of Engineers! 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. With Pacific Palisades undergoing significant transformation, this property is an exceptional opportunity for developers, builders, investors or owner users looking to capitalize on one of LA s most desirable coastal locations. BE PART OF THE FAST GROWING INTEREST TO REBUILD. NOW IS THE TIME TO AQUIRE, AS LAND VALUES WILL ONLY RISE. This is a rare chance to invest in the beloved Palisades, which will become one of the most sought after communities in all of Los Angeles.

Features

12671 sq. ft. lot size
Land

Happy sellers in Los Angeles

85%
85% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Los Angeles over the last 12 months.

Local market activity for land plots in Los Angeles

In the last 12 months, 379 land plots similar to 816 El Oro Lane, have been sold.

This represents a 319% decrease in land plots sales when compared to the previous 12 months.

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