816 El Oro Ln, Pacific Palisades, CA 90272 - View 1
816 El Oro Ln, Pacific Palisades, CA 90272 - View 2
816 El Oro Ln, Pacific Palisades, CA 90272 - View 3
816 El Oro Ln, Pacific Palisades, CA 90272 - View 4

816 El Oro Ln, Pacific Palisades, CA 90272

List Price: $2,999,999On Market FlagOn market
Mar 21, 20252,200 sqft3 beds0 baths
Listed by: Timothy Di Prizito
License #: 01433017
Phone #: 323-894-2120
Christie's International Real Estate SoCal
Source:
CRMLS Logo
MLS #: 25515045

Property Description

Prime Pacific Palisades Development Opportunity with incredible sweeping ocean views. A Rare Opportunity to create your dream home in arguabley one of the best streets and neighborhoods of the highly sought-after Palisades! This expansive 12,697 sq. ft. lot offers ample space for your vision. Previous structure was a +/- 3,000 sq ft mid-century home + ADU (total square footage unknown). EPA Phase I & 2 is complete by U.S. Army Corps of Engineers! Ocean View property on street formerly lined with $10M+ properties. Zoned R1-1, this lot provides the flexibility to rebuild through an expedited process or pursue a larger build with city approval. With Pacific Palisades undergoing significant transformation, this property is an exceptional opportunity for developers, builders, investors or owner users looking to capitalize on one of LA s most desirable coastal locations. BE PART OF THE FAST GROWING INTEREST TO REBUILD. NOW IS THE TIME TO AQUIRE, AS LAND VALUES WILL ONLY RISE. This is a rare chance to invest in the beloved Palisades, which will become one of the most sought after communities in all of Los Angeles.
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$34,467

TurboHome Estimated Value

$2,648,900

$1,204 sqft

High Valuation
$2,781,345
$1264/sqft
Normal Valuation
$2,648,900
$1204/sqft
Low Valuation
$2,516,455
$1144/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1204/sqft$2,648,900

Neighborhood: Pacific Palisades

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Comparative Value

$1.60M

$1.78M

$1.94M

$2.13M

$3.00M

16625 Marquez Ter, Pacific Palisades, CA 90272

Sale Price: $1,600,000

Selected Comparable

16879 Bollinger Dr, Pacific Palisades, CA 90272

Sale Price: $1,610,000

Selected Comparable

1115 Galloway St, Pacific Palisades, CA 90272

Sale Price: $1,783,000

Selected Comparable

564 Radcliffe Ave, Pacific Palisades, CA 90272

Sale Price: $1,940,000

Selected Comparable

17757 Tramonto Dr, Pacific Palisades, CA 90272

Sale Price: $2,125,000

Selected Comparable

816 El Oro Ln, Pacific Palisades, CA 90272

List Price: $2,999,999

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
816 El Oro Ln, Pacific Palisades, CA 90272

816 El Oro Ln, Pacific Palisades, CA 90272

List: $2,999,999

Listed: 3/21/2025

Area:2,200 sqft
Price/sqft:$1,364
Beds:3
Baths:
Year Built:
Lot Size:12,668

Comparable Properties

COMPARABLE
Choose comps
16625 Marquez Ter, Pacific Palisades, CA 90272

16625 Marquez Ter, Pacific Palisades, CA 90272

Sale: $1,600,000

6/16/20250.24 mi

Area:2,247 sqft
Price/sqft:$712
Beds:3
Baths:
Year Built:
Weight:22.6%
564 Radcliffe Ave, Pacific Palisades, CA 90272

564 Radcliffe Ave, Pacific Palisades, CA 90272

Sale: $1,940,000

8/4/20251.22 mi

Area:1,921 sqft
Price/sqft:$1,010
Beds:3
Baths:
Year Built:
Weight:20.3%
17757 Tramonto Dr, Pacific Palisades, CA 90272

17757 Tramonto Dr, Pacific Palisades, CA 90272

Sale: $2,125,000

7/3/20250.99 mi

Area:1,802 sqft
Price/sqft:$1,179
Beds:3
Baths:
Year Built:
Weight:19.3%
1115 Galloway St, Pacific Palisades, CA 90272

1115 Galloway St, Pacific Palisades, CA 90272

Sale: $1,783,000

7/28/20251.47 mi

Area:1,809 sqft
Price/sqft:$986
Beds:3
Baths:
Year Built:
Weight:19.1%
16879 Bollinger Dr, Pacific Palisades, CA 90272

16879 Bollinger Dr, Pacific Palisades, CA 90272

Sale: $1,610,000

3/11/20250.44 mi

Area:2,627 sqft
Price/sqft:$613
Beds:3
Baths:
Year Built:
Weight:18.8%

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