This 1.45-acre development site represents a rare opportunity to secure land in Pacific Palisades, a market defined by limited supply and enduring demand. Zoned LAR3, the property allows for multifamily residential use, making it an attractive option for developers and investors seeking to deliver high-end housing in a premier Los Angeles submarket. The site’s proximity to Palisades Village, Santa Monica, and Malibu enhances its long-term value proposition, while nearby beaches, hiking trails, and cultural amenities create a lifestyle appeal that commands premium pricing. With strong demographic fundamentals, high household incomes, and a constrained pipeline of new construction, this parcel offers significant upside for those looking to capitalize on one of Southern California’s most exclusive residential corridors.