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A/16431 West Sunset Boulevard

Los Angeles CA 90272

5170 sq. ft.
Land
Currently for sale - view listing

Overview

Located along iconic Sunset Boulevard in Pacific Palisades, this vacant parcel was previously a fantastic multi-story duplex with two Townhouse-style units back-to-back. The rear unit enjoyed views of the Santa Monica Mountains and green belt behind the property, while the front unit had balconies on both levels, elevated above Sunset Blvd. With its multifamily LAR3 zoning, the property presents compelling potential for redevelopment, including the possibility of constructing more than 2 units (buyer to verify with the City of Los Angeles). Just minutes from Palisades Village, the beach, hiking trails, and wonderful schools, this property presents an opportunity for those looking to participate in the next chapter of Pacific Palisades' rebuilding and revitalization. Buyer to verify all development possibilities, zoning, and rebuilding guidelines with the City of Los Angeles.

Features

5170 sq. ft. lot size
Land

Property history for A/16431 West Sunset Boulevard

2014
Rented
Undisclosed
30 Jun 2014 by Berkshire Hathaway HomeServices California Properties (Pacific Palisades, 90272)

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87%
87% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

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Local market activity for land plots in Los Angeles

In the last 12 months, 371 land plots similar to A/16431 West Sunset Boulevard, have been sold.

This represents a 565% decrease in land plots sales when compared to the previous 12 months.

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