$12,000,000

Once in a lifetime opportunity with exceptional upside potential! This lot previously consisted of a condo building with 15 units plus parking. Nestled along the Santa Monica Mountains and overlooking miles of Pacific coastline, Pacific Palisades is a breathtaking coastal enclave in one of Los Angeles' undeniably exclusive and most desirable neighborhoods. Life in the Palisades revolves around "The Village," located just steps from 15330 Albright. Unlike many of LA's more sprawling neighborhoods, this community offers true walkability to a soon-to-be revitalized and vibrant downtown hub that serves as its social heart. Residents wander to the weekly Farmers Market, celebrate holiday parades, and gather for events on the community green. At the center of it all is the Rick Caruso-developed Palisades Village, a thoughtfully curated blend of boutiques, elevated dining, and entertainment that has redefined local living, bringing world-class amenities within moments of the surrounding residential streets. Pacific Palisades continues to rank among the most coveted residential areas for discerning buyers looking for an upscale lifestyle. Its rare combination of natural beauty, forthcoming infrastructure/enhancements, proximity to hiking trails and the beach, and easy access to nearby attractions such as Will Rogers State Park, the Getty Villa & the Riviera Country Club, makes it uniquely desirable. This sale consists of 15 individual APNs. See DOCS for Offering Memorandum. See Virtual Tour for 360 video.