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Investment Highlights
- GENERATIONAL COASTAL DEVELOPMENT OPPORTUNITY
- PRESTIGIOUS ADDRESS WITH BRANDING POTENTIAL
- STRONG SCHOOL DISTRICT, HIGH-END DEMOGRAPHICS
- SIGNIFICANT FOOTPRINT IN A HIGHLY COMPETITIVE MARKET
- PROXIMITY TO BEACHES AND OUTDOOR RECREATION
Executive Summary
CBRE and Marcus & Millichap are pleased to present 16321 Pacific Coast Highway, a rare coastal development opportunity in the heart of Pacific Palisades, California. Situated along one of Southern California’s most iconic corridors, this expansive 19.77-acre site (861,181 SF) offers investors and developers the chance to acquire a prime asset.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 19.77 AC |
| Zoning | RE40 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 19.77 AC |
| Zoning | RE40 |
1 Lot Available
Lot
| Lot Size | 19.77 AC |
| Lot Size | 19.77 AC |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 4414-021-025 | Improvements Assessment | $809,552 CAD |
| Land Assessment | $4,089,531 CAD | Total Assessment | $4,899,082 CAD |
Property Taxes
Parcel Number
4414-021-025
Land Assessment
$4,089,531 CAD
Improvements Assessment
$809,552 CAD
Total Assessment
$4,899,082 CAD
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16321 Pacific Coast Highway
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