Description
855 Via De La Paz offers an unique VALUE-ADD opportunity for anyinvestor looking for a trophy beach city asset. With a prime location inone of the most affluent neighborhoods in Los Angeles and very fewmixed-use properties in the surrounding neighborhood, 855 Via De LaPaz is one of the Pacific Palisades' most highly sought afterinvestments.The property consists of two separate buildings, situated on a large7,401 Sq.Ft lot zoned C2. The front building has 2 retail storefront units,currently occupied by an Acai Bowl and Lingerie Shop, as well as 6individual office spaces located upstairs. The back building is a triplex,with a unit mix of (1) 2Bed+1Bath and (2) 1Bed+1Bath units. All tenantsare up to date on rent paid through Covid.855 Via De La Paz is conveniently located just down the street from thenew 110,000 square foot mixed-use development, Pacific PalisadesVillage (Rick Caruso project), a downtown area filled with restaurants,apartment buildings and shopping. Boasting a walk score of 91, the localarea is considered extremely walkable. 855 Via De La Paz is the perfectasset for an investor looking for a unique asset in a top rental market.
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0BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
855 Via De La Paz offers an unique VALUE-ADD opportunity for anyinvestor looking for a trophy beach city asset. With a prime location inone of the most affluent neighborhoods in Los Angeles and very fewmixed-use properties in the surrounding neighborhood, 855 Via De LaPaz is one of the Pacific Palisades' most highly sought afterinvestments.The property consists of two separate buildings, situated on a large7,401 Sq.Ft lot zoned C2. The front building has 2 retail storefront units,currently occupied by an Acai Bowl and Lingerie Shop, as well as 6individual office spaces located upstairs. The back building is a triplex,with a unit mix of (1) 2Bed+1Bath and (2) 1Bed+1Bath units. All tenantsare up to date on rent paid through Covid.855 Via De La Paz is conveniently located just down the street from thenew 110,000 square foot mixed-use development, Pacific PalisadesVillage (Rick Caruso project), a downtown area filled with restaurants,apartment buildings and shopping. Boasting a walk score of 91, the localarea is considered extremely walkable. 855 Via De La Paz is the perfectasset for an investor looking for a unique asset in a top rental market.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-10T10:26:25.33. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Veronica Encinas Team | Coldwell Banker Realty. Licensed in the State of California, USA.