Property Detail

Description

SURVIVING BASEMENT WALLS AND POOL ARE READY FOR REBUILD WITH RTI PLANS!!! The existing basement walls and pool are intact, providing a significant advantage for redevelopment! An incredible opportunity to rebuild a dream home in Pacific Palisades with RTI plans for a 5,800-sq. ft. architectural residence with 5 bedrooms and 6 bathrooms. The previous new construction home was lost to fire, clearing the way for a shovel-ready RTI project on this prime parcel overlooking Portrero Canyon and free from permit fees for the new owner! The approved plans showcase a modern coastal design with open-concept living, seamless indoor-outdoor flow, and thoughtful integration of natural light throughout. Three stories, gym, elevator, lower-level entertaining space, office, rooftop, etc. Located just moments from Caruso Village, top-rated schools, hiking trails, and the beach, this property offers a rare chance to build immediately without the delays. A premier development opportunity in one of Los Angeles' most desirable coastal neighborhoods.