860 Via De La Paz - Coastal Development Opportunity Zoned 0.34 Acres of Commercial Land Offered at $9,717,454 CAD in Pacific Palisades, CA 90272

PRICE REDUCED | Kidder Mathews is pleased to present the opportunity to acquire 860 Via De La Paz, a premier ±15,000 SF coastal development site located in the heart of Pacific Palisades Village. Positioned adjacent to Palisades Village by Caruso and steps from Sunset Boulevard, the property offers a rare cleared infill site within one of Los Angeles’ most affluent, supply-constrained, and tightly held coastal communities.
Recently impacted by the Palisades fire, the property has since been fully cleared, creating a fresh-start development opportunity for a buyer with vision. The site was previously improved with a ±34,533 SF office building and now offers the ability to reimagine a prominent Village parcel with a new commercial, medical, wellness, creative office, retail, restaurant, or mixed-use concept. The existing parking structure remains intact and may provide potential efficiencies in connection with future redevelopment, subject to buyer’s independent verification of condition, usability, code compliance, and any potential cost savings.
Per the City of Los Angeles Palisades rebuild guidelines, the site may support up to approximately ±38,000 SF of new improvements through an expedited permitting path. This potential provides a meaningful advantage for developers, owner-users, and investors seeking scale in a coastal market where available land and new development opportunities are exceptionally limited.
Zoned C2-1VL and located within the Pacific Palisades Commercial Village and Neighborhoods Specific Plan area, the property supports a broad range of potential development paths. The property may also be located within the California Coastal Zone, and any future project should be evaluated for applicable Coastal Commission and City approval requirements.
Surrounded by luxury residential neighborhoods, top-tier schools, neighborhood-serving retailers, and active pedestrian amenities, 860 Via De La Paz is positioned at the center of a community undergoing meaningful revitalization. With its premium coastal setting, potential ±38,000 SF rebuild scale, existing parking structure, expedited path, and irreplaceable Village location, the property represents a singular opportunity to deliver a defining project in one of Southern California’s most desirable coastal markets.