Listing Agent: Kavian Tavakoli Yazdi      Broker/Office: ZARA Equity Corp.
1265 Bienveneda Avenue Pacific Palisades CA 90272
$ 3,199,000
  3   |    2   |    1751 Sq Feet

Listing ID

#26848857

Status

Active

Property Type

Single Family Residence

Property Style

Mediterranean

County

Los Angeles

Year Built

1973

Days on website

2

Description
Exceptional development and investment opportunity in Pacific Palisades. The property offers the potential to build up to approximately 4,082.5 SF (buyer to independently verify). Previously approved plans (dated 04/04/2022) include a beautifully designed 4,022 SF two-story residence featuring 5 bedrooms, 4.5 bathrooms, a den, an expansive primary suite, and generous living and entertaining spaces. A nearby 5,300 SF residence sold for $8,000,000 in 2023, demonstrating the strong value potential within the neighborhood.The thoughtfully designed second floor captures ocean views from the primary suite and elevated deck, creating an ideal coastal living experience. Plans for the elevated deck and pool have been fully paid and are ready to proceed, offering significant value and time savings to the next owner. The permit for the proposed residence may have expired. Buyers are advised to independently investigate and verify all permits, approvals, development potential, square footage, and requirements with LADBS and other applicable agencies.
Location
Financial Information
List Price:  $ 3199000
Property Features
Appliances:  Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Fireplace Features:  Decorative, Gas
Flooring:  Tile
Heating:  Central
Levels:  One
Parking Features:  Concrete
Senior Community YN:  false
View:  Hills
MLS Area Major:  C15 - Pacific Palisades
City:  Pacific Palisades
Senior Community YN:  false
Listed By:   Kavian Tavakoli Yazdi   ZARA Equity Corp. 
CA Lic#