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$ 5,395,000
Est. payment /mo
Active
1515 Umeo Rd Los Angeles, CA 90272
0.78 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26987709
Lot Size 0.778 Acres
Acres 0.7777
Property Description
**Inquire about available creative financing options ** As the Pacific Palisades rebuilds, 1515 Umeo offers an opportunity to invest in its next chapter and establish your own. Once home to a 4,320-square-foot residence, this approximately 0.75-acre property at 1515 Umeo Road presents a rare opportunity to build a legacy in the coveted Pacific Palisades Riviera, near Riviera Country Club. The original home was lost in the Palisades fires, but the land, the setting, and the possibilities for its next chapter remain. The previous owners created a terraced pathway leading down the hillside to gardens. There is potential to explore further terracing down the slope, creating new ways to enjoy the grounds and bring a larger vision to life, subject to applicable approvals. Rarely does the opportunity to acquire this much land in the Riviera come to market. For those looking to build a custom estate or make a significant addition to their real estate portfolio, the appeal is clear: a substantial property in an established neighborhood with the opportunity to shape its future. This is a place to plant roots and create a home that can be held for generations.
Location
State CA
County Los Angeles
Area Pacific Palisades
Zoning LARE15
Exterior
View Y/N Yes
View Canyon, Mountains
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Douglas Elliman of California, Inc.
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