About 816 El Oro Lane
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 of 816 El Oro Lane
| MLS® # | 25515045 |
|---|---|
| Price | $2,999,999 |
| Bathrooms | 0.00 |
| Lot Size | 12,671 |
| Type | Land |
| Status | Active Under Contract |
Community Information
| Address | 816 El Oro Lane |
|---|---|
| Area | C15 - Pacific Palisades |
| City | Pacific Palisades |
| County | Los Angeles |
| Zip Code | 90272 |
Amenities
| View | Mountain(s), Ocean |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
Additional Information
| Date Listed | March 21st, 2025 |
|---|---|
| Days on Market | 388 |
| Zoning | LAR1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Timothy Di Prizito |
|---|---|
| Office | Christie's International Real Estate SoCal |