Ocean-View Land
For Sale
$2,600,000
1131 Tellem Dr, Los Angeles, CA 90272
LAND - Los Angeles, CA
Property SizeContact for details
Lot Size0.33 Acres
Days on Market12
Property Features for 1131 Tellem Dr
General Information
Property type
Land
Property subtype
Other
Zoning
LARE15
View
Ocean, Mountains, Water
Directions
N on Lachman Ln to Tellem Dr.
Subdivision
Pacific Palisades
Standard status
Active
APN
4420-022-003
Lot size
0.33 Acres
Listing Agency:
Amalfi Estates
(310) 573-4245
Listed By:
Anthony Marguleas · License #01173073
(310) 293-9280
Added: Jul 26
Changed: Aug 3
Last Checked: Aug 6 at 4:06PM
MLS# 26863673
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Ocean-view land parcel with panoramic Catalina and ocean views. The property is a mostly flat 14,508 SF site on a 0.3331-acre lot, with prior use as the home to a 2,469 SF residence.
Zoned LARE15, the expansive building site offers room for new construction and site planning. The property has potential to build approximately 3,997 SF above grade, plus a basement, with potential for an ADU, subject to buyer verification and applicable approvals. The setting is described as minutes from beaches and nearby access to Palisades Village, with hiking trails and the Westside also cited as nearby conveniences.
This is a development-minded parcel suited to buyers looking to create a customized estate with indoor-outdoor living opportunities, taking advantage of the property’s ocean-view orientation.
Zoned LARE15, the expansive building site offers room for new construction and site planning. The property has potential to build approximately 3,997 SF above grade, plus a basement, with potential for an ADU, subject to buyer verification and applicable approvals. The setting is described as minutes from beaches and nearby access to Palisades Village, with hiking trails and the Westside also cited as nearby conveniences.
This is a development-minded parcel suited to buyers looking to create a customized estate with indoor-outdoor living opportunities, taking advantage of the property’s ocean-view orientation.
Key Highlights
- Panoramic Catalina and ocean views
- Mostly flat 14,508 SF lot on 0.3331 acres
- Zoned LARE15
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
209
Businesses Nearby
Explore this area
Business Placement
Demographics for 90272, CA
22,849
Population
9,207
Households
2.5
Avg Household Size
49
Median Age
79%
College-Educated
99%
High-School Grad
23.8 sq mi
ZIP Area
960
Density / Sq Mi
$200,985
Median Household Income
$108,420
Median Earnings
$3,133
Median Rent
$2,000,001
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Mostly flat ocean-view lot zoned LARE15 in Los Angeles’ Pacific Palisades area.
Where is this waterfront land located?
The property is located at 1131 Tellem Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Panoramic Catalina and ocean views; Mostly flat 14,508 SF lot on 0.3331 acres; Zoned LARE15
