16974-17000 W Sunset Blvd 2.75 Acres of Residential Land Offered at $23,984,450 CAD in Pacific Palisades, CA 90272

This impressive coastal development site offers a rare opportunity to create a high-end residential project in one of Los Angeles' most affluent enclaves. Spanning approximately 2.75 acres along renowned Sunset Boulevard, the property is elevated to capture expansive, unobstructed ocean, coastline, and city views from nearly every vantage point. Zoned LAR3, this land supports the potential for a multifamily development project, with a conceptual capacity of approximately 80 units (buyer to verify). The site is situated in a highly desirable, supply-constrained submarket known for long-term value and architectural distinction. With prominent frontage and visibility, the location affords convenient access to Malibu, Santa Monica, Brentwood, and West Los Angeles, as well as seamless connectivity to Pacific Coast Highway and major freeways (10 and 405). Surrounding demographics reflect strong household income levels, established communities, and upscale lifestyle amenities, making this an exceptional opportunity for luxury condominiums, high-end apartments, or a flagship residential development.