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$ 4,575,000
Est. payment /mo
Price Dropped by $400K
1545 Umeo RD Pacific Palisades, CA 90272
0.52 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26648701
HOA Y/N No
Lot Size 0.521 Acres
Property Description
BANK OWNED ocean-view Riviera fixer. Offering one of the most compelling opportunities in the highly desirable Palisades' Riviera, 1545 Umeo Rd is located within a neighborhood known for estate properties exceeding $50M. Situated on a 22,689 sq ft parcel in the Upper Riviera, the property offers exceptional scale, views, and flexibility that are increasingly rare in this location. Set above the canyon, the site offers sweeping views of the canyon and the Pacific Ocean. Previous plans provided for a 4,070 sq ft residence featuring multiple view decks. Alternatively, the lot size and configuration allow for the development of a substantially larger custom estate, subject to city approvals. Perfect for developers or end users seeking a high-value Upper Riviera site. Seller is open to carry at interest only for 5 years.
Location
State CA
County Los Angeles
Area C15 - Pacific Palisades
Zoning LARE15
Interior
Fireplace No
Exterior
View Y/N Yes
View Canyon, Mountain(s), Ocean
Building
Sewer Other
New Construction No
Others
Senior Community No
Tax ID 4425004001
Special Listing Condition Real Estate Owned
Listed by Anthony Marguleas Amalfi Estates #01173073
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