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860 Via De La Paz - Coastal Development Opportunity Zoned 0.34 Acres of Commercial Land Offered at $7,295,000 in Pacific Palisades, CA 90272



INVESTMENT HIGHLIGHTS
- Premier coastal development site in Pacific Palisades Village
- Shovel-ready site cleared of prior improvements for immediate planning
- Exceptional demographics and high barriers to entry in a luxury market
- ±15,000 SF parcel zoned C2-1VL with broad commercial flexibility
- Steps from Caruso’s Palisades Village retail, dining, and wellness hub
EXECUTIVE SUMMARY
860 Via De La Paz presents a rare opportunity to acquire a premier coastal development site in the heart of Pacific Palisades Village—one of Los Angeles’ most affluent and supply-constrained submarkets. Spanning ±15,000 SF, this shovel-ready parcel offers unmatched flexibility for developers seeking to deliver a landmark project in a community defined by luxury, lifestyle, and enduring demand.
The property’s C2-1VL zoning allows for a wide range of potential uses, including boutique retail, creative office, medical, wellness, or thoughtfully integrated mixed-use concepts. Surrounded by multimillion-dollar homes, top-rated schools, and vibrant pedestrian activity, the site benefits from exceptional demographics, with household incomes averaging $163K within a three-mile radius. Its prime position steps from Sunset Boulevard ensures superior connectivity to Pacific Coast Highway, Brentwood, and Santa Monica, while proximity to Caruso’s Palisades Village provides immediate access to curated dining, retail, and wellness amenities.
With prior improvements cleared, developers can bypass demolition costs and move directly into planning—an advantage in a market where land availability is virtually nonexistent. This irreplaceable coastal infill site offers the chance to create a best-in-class project that complements the Palisades’ unique character and meets the evolving needs of a discerning clientele. For investors and visionaries alike, 860 Via De La Paz is more than a development site—it’s an opportunity to shape the future of one of Southern California’s most desirable neighborhoods.
The property’s C2-1VL zoning allows for a wide range of potential uses, including boutique retail, creative office, medical, wellness, or thoughtfully integrated mixed-use concepts. Surrounded by multimillion-dollar homes, top-rated schools, and vibrant pedestrian activity, the site benefits from exceptional demographics, with household incomes averaging $163K within a three-mile radius. Its prime position steps from Sunset Boulevard ensures superior connectivity to Pacific Coast Highway, Brentwood, and Santa Monica, while proximity to Caruso’s Palisades Village provides immediate access to curated dining, retail, and wellness amenities.
With prior improvements cleared, developers can bypass demolition costs and move directly into planning—an advantage in a market where land availability is virtually nonexistent. This irreplaceable coastal infill site offers the chance to create a best-in-class project that complements the Palisades’ unique character and meets the evolving needs of a discerning clientele. For investors and visionaries alike, 860 Via De La Paz is more than a development site—it’s an opportunity to shape the future of one of Southern California’s most desirable neighborhoods.
PROPERTY FACTS
| Price | $7,295,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.34 AC |
| Zoning | C2-1VL | ||
| Price | $7,295,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.34 AC |
| Zoning | C2-1VL |
1 LOT AVAILABLE
Lot
| Price | $7,295,000 | Lot Size | 0.34 AC |
| Price Per AC | $21,184,656.44 |
| Price | $7,295,000 |
| Price Per AC | $21,184,656.44 |
| Lot Size | 0.34 AC |
±15,000 SF cleared development site in Pacific Palisades Village. Former ±34,533 SF office building demolished; shovel-ready.
1 1
Walk Score®
Walker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 4412-003-009 | Improvements Assessment | $0 |
| Land Assessment | $3,515,411 | Total Assessment | $3,515,411 |
PROPERTY TAXES
Parcel Number
4412-003-009
Land Assessment
$3,515,411
Improvements Assessment
$0
Total Assessment
$3,515,411
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860 Via De La Paz - Coastal Development Opportunity Zoned
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