28 lots on ±6.5 acres

Townhomes

Fully Entitled, built 1978

Existing Foundations, Hardscape & Landscape Improvements

Land Advisors, as exclusive advisor, is pleased to present a rare residential redevelopment opportunity in the prestigious Palisades Highlands neighborhood of Pacific Palisades.
 
Originally developed in 1978 as Palisades Villas, the property was improved with a 28-unit townhome community featuring individually owned two- and three-bedroom residences ranging from approximately 1,955 to 2,081 square feet, each with attached two-car garages. Residents enjoyed expansive HOA amenities including a clubhouse, pool and spa, full-size tennis court, and landscaped walking paths and seating areas with panoramic views of the Palisades hillsides and the Pacific Ocean.
 
Following the January 2025 fire, the townhomes were lost and the HOA has since cleared debris and secured the site. Today, the property retains existing foundations, along with portions of the original hardscape and landscape improvements, providing a clean slate and potential cost and timing advantages for future development.
 
On behalf of the HOA Board, the property is being offered in bulk, creating a unique opportunity for a new buyer to reimagine the site through a variety of potential business plans and residential redevelopment strategies within one of Los Angeles’ most sought-after coastal communities.