1265 Bienveneda Ave, Pacific Palisades, CA 90272

$3,199,000
4
BD
3
BA

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List Price
$3,199,000
MLS#
26848857
Year Built
1973
Bedrooms
4
Bathrooms
3
Lot Size
13,685
Days on Market
42
Property Type
Single Family Residential
Style
Mediterranean

Property Description

Property is currently 4bed/3bath remodeled home with existing tenant, Do Not disturb occupant. Exceptional development and investment opportunity in Pacific Palisades. The property offers the potential to build up to approximately 4,082.5 SF (buyer to independently verify). Previously approved plans (dated 04/04/2022) include a beautifully designed 4,022 SF two-story residence featuring 5 bedrooms, 4.5 bathrooms, a den, an expansive primary suite, and generous living and entertaining spaces. A nearby 5,300 SF residence sold for $8,000,000 in 2023, demonstrating the strong value potential within the neighborhood.The thoughtfully designed second floor captures ocean views from the primary suite and elevated deck, creating an ideal coastal living experience. Plans for the elevated deck and pool have been fully paid and are ready to proceed, offering significant value and time savings to the next owner. The permit for the proposed residence may have expired. Buyers are advised to independently investigate and verify all permits, approvals, development potential, square footage, and requirements with LADBS and other applicable agencies.

Additional Information

Other Buildings
None
Pool Description
None
Heat
Central
Cooling
Air Conditioning
View
Hills
Number of Cars in Garage
Driveway - Concrete

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Courtesy of ZARA Equity Corp., Kavian Tavakoli Yazdi - CA DRE#02019144

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