LARD5 Multi-Unit Development
For Sale
$3,500,000
Pending
16450 W Sunset Boulevard, Pacific Palisades, CA 90272
Redevelopment parcel zoned LARD5 with a remaining subterranean parking garage.
Property SizeContact for details
Days on Market83
Property Features for 16450 W Sunset Boulevard
General Information
Standard status
Pending
Property subtype
Lots/Land
Listing Agency:
Berkshire Hathaway HomeServices California Properties
(310) 922-4486
Listed By:
John Closson · License #00918585
(310) 922-4486
Source:
Exitrealty
Added: May 19
Changed: Aug 8
Last Checked: Jul 5 at 8:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices California Properties
Investment Insights
Based on property information with market context.
This is a redevelopment land parcel previously developed with 8 luxury condominiums, totaling approximately 21,276 square feet of living space. The condominium structures are no longer present, but a large subterranean parking garage remains on site. The parcel is over 26,000 square feet and is positioned for a multi-unit project under its existing zoning designation.
The site is located on the south side of Sunset Boulevard between Bienveneda Avenue and Las Casas Avenue, near the re-emerging schools, shops, restaurants, and services of the Palisades village. With the lot size, topography, and existing subterranean parking improvements in place, the property presents a straightforward base for redevelopment planning.
The site is located on the south side of Sunset Boulevard between Bienveneda Avenue and Las Casas Avenue, near the re-emerging schools, shops, restaurants, and services of the Palisades village. With the lot size, topography, and existing subterranean parking improvements in place, the property presents a straightforward base for redevelopment planning.
Key Highlights
- Redevelopment parcel with 26,000+ SF previously developed with 8 luxury condominiums totaling about 21,276 SF of living space
- Zoned LARD5
- South side of Sunset Blvd. between Bienveneda Ave and Las Casas Ave
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,522
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?
Residential land & home lot - Redevelopment parcel zoned LARD5 with a remaining subterranean parking garage.
Where is this residential land & home lot located?
The property is located at 16450 W Sunset Boulevard Pacific Palisades, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Redevelopment parcel with 26,000+ SF previously developed with 8 luxury condominiums totaling about 21,276 SF of living space; Zoned LARD5; South side of Sunset Blvd. between Bienveneda Ave and Las Casas Ave
