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807 Muskingum Ave - Vacant R3 Lot in Pacific Palisades 0.18 Acres of Residential Land Offered at $4,032,060 CAD in Pacific Palisades, CA 90272
Investment Highlights
- Approx 1.5 Miles from Will Rogers State Beach
- Prime Pacific Palisades R3 zoned Location
- Less than half a mile from the Village
Executive Summary
After 65 years this family lost their five unit apartment building in the Palisades fire and now this beautiful piece of property is available for a new builder to build his/her dream multi-family apartment building.
* About 1.5 miles to the Will Rogers State Beach shoreline
* Less than .5 miles to "The Village"
* Less than .5 miles to Palisades Charter HS
* R-3 property, very hard to come by
By rights, should be able to build 9-10 units but must check with the city as the city might have other requirements, such as parking, height restrictions, etc.
Buyer to cooperate with seller in 1031 tax-deferred exchange at no cost to buyer
Price: $2,950,000
Contact Larry Margo at 818-515-8998 if you have any questions.
* About 1.5 miles to the Will Rogers State Beach shoreline
* Less than .5 miles to "The Village"
* Less than .5 miles to Palisades Charter HS
* R-3 property, very hard to come by
By rights, should be able to build 9-10 units but must check with the city as the city might have other requirements, such as parking, height restrictions, etc.
Buyer to cooperate with seller in 1031 tax-deferred exchange at no cost to buyer
Price: $2,950,000
Contact Larry Margo at 818-515-8998 if you have any questions.
Property Facts
| Price | $4,032,060 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | 1031 Exchange | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.18 AC |
| Zoning | LAR3 - Residential Multiple Dwelling | ||
| Price | $4,032,060 CAD |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.18 AC |
| Zoning | LAR3 - Residential Multiple Dwelling |
1 Lot Available
Lot
| Price | $4,032,060 CAD | Lot Size | 0.18 AC |
| Price Per AC | $22,109,348.93 CAD |
| Price | $4,032,060 CAD |
| Price Per AC | $22,109,348.93 CAD |
| Lot Size | 0.18 AC |
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4420-002-037 | Improvements Assessment | $199,646 CAD |
| Land Assessment | $589,075 CAD | Total Assessment | $788,721 CAD |
Property Taxes
Parcel Number
4420-002-037
Land Assessment
$589,075 CAD
Improvements Assessment
$199,646 CAD
Total Assessment
$788,721 CAD
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807 Muskingum Ave - Vacant R3 Lot in Pacific Palisades
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