16472 Sunset Boulevard, Pacific Palisades, CA 90272

0 beds 0 baths 5,536 sq.ft.

Offerered at: $2,449,000.00

County: Los Angeles
Year Built: 1949
Association Fees: $0.00/mo.

Property Description

Submitted developments plans available to view under documents. If you are looking for a great investment property in the infamous Pacific Palisades then you found the right lot. This perfectly placed property was once a beautiful triplex on the corner of Sunset Blvd and N La Casas Ave offering a perfect location in close proximity to the beaches, stores, restaurants, public transportation and more! The property was generating over $15,000/month in passive income with potential for $18,000+/month. The plans to develop have long been submitted and are currently awaiting city approval. Once plans are approved, you can be one of the very first to develop a multi-home income property in the Pacific Palisades! *Some photos are of property before the Palisades fire*

ESSENTIAL INFO

  • Status: Active