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855 Via De La Paz, Pacific Palisades, CA 90272 (MLS # SB21226335)

Price $5,200,000
Status Active
Beds 0
Baths 0 Bath
Home size 5,280 sqft
Lot Size 7,406 sqft
Days on Market 54
855 Via De La Paz offers an unique VALUE-ADD opportunity for anyinvestor looking for a trophy beach city asset. With a prime location inone of the most affluent neighborhoods in Los Angeles and very fewmixed-use properties in the surrounding neighborhood, 855 Via De LaPaz is one of the Pacific Palisades' most highly sought afterinvestments.The property consists of two separate buildings, situated on a large7,401 Sq.Ft lot zoned C2. The front building has 2 retail storefront units,currently occupied by an Acai Bowl and Lingerie Shop, as well as 6individual office spaces located upstairs. The back building is a triplex,with a unit mix of (1) 2Bed+1Bath and (2) 1Bed+1Bath units. All tenantsare up to date on rent paid through Covid.855 Via De La Paz is conveniently located just down the street from thenew 110,000 square foot mixed-use development, Pacific PalisadesVillage (Rick Caruso project), a downtown area filled with restaurants,apartment buildings and shopping. Boasting a walk score of 91, the localarea is considered extremely walkable. 855 Via De La Paz is the perfectasset for an investor looking for a unique asset in a top rental market.
Property Type(s): Residential Income
Last Updated 11/18/2021 Year Built 1959
Community Pacific Palisades Garage Spaces 3.0
County Los Angeles

Price History

Prior to Nov 8, '21 $5,400,000
Nov 8, '21 - Today $5,200,000

Additional Details

AREA Pacific Palisades
GARAGE Yes
LOT 7401 sq ft
LOT DESCRIPTION 0-1 Unit/Acre
POOL DESCRIPTION None
SEWER Public Sewer
WATER Public
ZONING LAC2

Location

 

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Listing provided by : Cameron Samimi CalDRE: 02035763 | 310-425-9838, Lyon Stahl Investment Real Estate, Inc.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 12/4/21 2:26 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

This IDX solution is (c) Diverse Solutions 2021.

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