BANK OWNED ocean-view Riviera fixer. Offering one of the most compelling opportunities in the highly desirable Palisades' Riviera, 1545 Umeo Rd is located within a neighborhood known for estate properties exceeding $50M. Situated on a 22,689 sq ft parcel in the Upper Riviera, the property offers exceptional scale, views, and flexibility that are increasingly rare in this location. Set above the canyon, the site offers sweeping views of the canyon and the Pacific Ocean. Previous plans provided for a 4,070 sq ft residence featuring multiple view decks. Alternatively, the lot size and configuration allow for the development of a substantially larger custom estate, subject to city approvals. Perfect for developers or end users seeking a high-value Upper Riviera site.
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Listing Snapshot
Price
$5,395,000
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.5209 Acres
Year Built
N/A
MLS® Number
26648701
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
2 hours ago
Listing updated with changes from the MLS®
10 hours ago
Listing first seen on site
General Features
Acres
0.5209
Disclosures
SellerDisclosure
Sewer
Other
Special Circumstances
Real Estate Owned
Zoning
LARE15
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Exterior Features
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CanyonMountain(s)Ocean
Waterview
CanyonMountain(s)Ocean
Community Features
MLS Area
C15 - Pacific Palisades
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Neighborhood & Commute
Source: Walkscore
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