Pacific Palisades, CA 90272 855 Via De La Paz

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  • MLS# SB21226335
  • 10/12/2021
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Presented By: Cameron Samimi with Lyon Stahl Investment Real Estate, Inc. - 310-259-7556
  • Beds • 4
  • Baths • 3
  • SQFT • 5,280
  • Garage • 3
  • Year Built • 1959

Home Details

855 Via De La Paz offers an unique VALUE-ADD opportunity for any investor looking for a trophy beach city asset. With a prime location in one of the most affluent neighborhoods in Los Angeles and very few mixed-use properties in the surrounding neighborhood, 855 Via De La Paz is one of the Pacific Palisades' most highly sought after investments. The property consists of two separate buildings, situated on a large 7,401 Sq.Ft lot zoned C2. The front building has 2 retail storefront units, currently occupied by an Acai Bowl and Lingerie Shop, as well as 6 individual office spaces located upstairs. The back building is a triplex, with a unit mix of (1) 2Bed+1Bath and (2) 1Bed+1Bath units. All tenants are up to date on rent paid through Covid. 855 Via De La Paz is conveniently located just down the street from the new 110,000 square foot mixed-use development, Pacific Palisades Village (Rick Caruso project), a downtown area filled with restaurants, apartment buildings and shopping. Boasting a walk score of 91, the local area is considered extremely walkable. 855 Via De La Paz is the perfect asset for an investor looking for a unique asset in a top rental market.
Presented By: Cameron Samimi with Lyon Stahl Investment Real Estate, Inc. - 310-259-7556

Interior Features for 855 Via De La Paz

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesNone

General for 855 Via De La Paz

Additional Parcels Y/NNo
Co-Listing AgentLaura Wallace - BRE#02021990
Co-Listing Agent State License #02021990
Community FeaturesBiking, Curbs, Dog Park, Foothills, Hiking, Park, Sidewalks
Garage Spaces3
Garage Y/NYes
Listing AgentCameron Samimi - BRE#02035763
Listing Agent State License02035763
Lot Size Square Feet7401
MLS AreaC15 - Pacific Palisades
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property TypeResidential Income
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
StatusActive
TermsConventional
Total Units11
Water Sewer Expense0
ZoningLAC2

Exterior for 855 Via De La Paz

Lot Features0-1 Unit/Acre
Lot Size Acres0.17
Lot Size Area7401
Lot Size SourceAssessor
Lot Size UnitsSquare Feet
Number of Buildings2
Number of Separate Electric Meters11
Number of Separate Gas Meters11
Number of Separate Water Meters1
Total Parking3
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $5,200,000
MLS#SB21226335
List Date 10/12/2021
Property Type Income
Phone 310.658.1749
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