$8,250,000
For Sale

620 N Marquette Street

Pacific Palisades, CA 90272
Listing OfficeThe Agency
Browse 20 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Extraordinary build opportunity. Property consists of seven parcels across 1.48 acres. Build multiple homes or one large compound overlooking Las Pulgas Canyon in Pacific Palisades. This land purchase includes plans by renowned architect Tim Barber, for a 11,317sf main house, 1,136sf pool house and 1,005sf guest house. The design is the perfect blend of contemporary elegance and modern farmhouse sophistication. The gorgeous landscaped grounds are adorned with mature trees and an award winning vineyard creating a magical haven of natural beauty. This property is for those who value the utmost privacy while being just a stone's throw away from the heart of Palisades Village where you can enjoy world-class dining and upscale boutiques. This development sale includes all architectural sets, soils, engineering and all reports and approvals received up to this point. If buyer is interested in continuing the process to build one residence, they will be saving over two years of time and money. LA City has reviewed plans and has issued corrections. Many of the corrections have been addressed. The project is nearing the completion of the LA City Coastal process and then will need to submit to the State for their Coastal review as well. The project has completed the Mello review with the Housing department as a part of the Coastal process. The permits are not RTI yet. *House photos are renderings of proposed build. The purchase includes two addresses and seven contiguous parcels- 620 N Marquette St Lot 1- APN 4414019010, 5,555SF; Lot 2-APN 4414019011, 6,337SF; Lot 3- APN 4414019012, 7,996.7SF; Lot 4- APN 4414019013, 8,780.6SF; 560 N Marquette St. Lot 5- APN 4414019014, 9,063SF; Lot 6- APN 4414019015, 8,805.5SF; Lot 7/8- APN 4414019016, 18,130SF.

  • Property Details
      • ViewCanyon
    • Measurements
      • Acres1.4783
  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$8,250,000
  • Other
      • MLS #24417497

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

$
%
20.0%

Interest Rate

%
5.0%

Tax Rate

%
1.3%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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