After 65 years this family lost their five unit apartment building in the Palisades fire and now this beautiful piece of property is available for a new builder to build his/her dream multi-family apartment building. * About 1.5 miles to the Will Rogers State Beach shoreline * Less than .5 miles to "The Village" * Less than .5 miles to Palisades Charter HS * R-3 property, very hard to come by By rights, should be able to build 9-10 units but must check with the city as the city might have other requirements, such as parking, height restrictions, etc. Buyer to cooperate with seller in 1031 tax-deferred exchange at no cost to buyer Price: $2,950,000 Contact Larry Margo at 818-515-8998 if you have any questions.