17250 W Sunset Boulevard
Pacific Palisades, CA 90272
1.04 acres | #25535371
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.
Property Details
- CountyLos Angeles
- Original List Price$19,995,000
- Property TypePurchase
- MLS #25535371
- Cost19995000
- MLS #25535371
- Acres1.0377
- Property SubtypeLand
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Hamid Soroudi (#CLW-L02592)
Listing Office: Keller Williams Beverly Hills (#CLW-X74054)
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