Los Angeles, CA 90272
$5,395,000

Mark Quesada
Broker / Owner
DRE #02101365
**Inquire about available creative financing options ** As the Pacific Palisades rebuilds, 1515 Umeo offers an opportunity to invest in its next chapter and establish your own. Once home to a 4,320-square-foot residence, this approximately 0.75-acre property at 1515 Umeo Road presents a rare opportunity to build a legacy in the coveted Pacific Palisades Riviera, near Riviera Country Club. The original home was lost in the Palisades fires, but the land, the setting, and the possibilities for its next chapter remain. The previous owners created a terraced pathway leading down the hillside to gardens. There is potential to explore further terracing down the slope, creating new ways to enjoy the grounds and bring a larger vision to life, subject to applicable approvals. Rarely does the opportunity to acquire this much land in the Riviera come to market. For those looking to build a custom estate or make a significant addition to their real estate portfolio, the appeal is clear: a substantial property in an established neighborhood with the opportunity to shape its future. This is a place to plant roots and create a home that can be held for generations.
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$39,816/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Listed by Josh Picker, Douglas Elliman of California, Inc.
Co-listed by Joshua Altman, Douglas Elliman of California, Inc.
MLS# 26987709 · Active
History reflects records reported to the MLS and may be incomplete.