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Daina Burness
SOLD
$4,550,000
Date 06/15/2022

855 Via De La Paz
Pacific Palisades, CA 90272

Mixed Use
Commercial
5,280
Sq. Ft.
0.1699
Acre Lot
Listing Agent: Cameron Samimi - Lyon Stahl Investment Real Estate, Inc.; cameron@lyonstahl.com
Home> California> Pacific Palisades> 90272
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.
SB21226427
Commercial - Mixed Use, Other
1959
Los Angeles
0.1699 Acres
Public
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

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Listing Agent: Cameron Samimi - Lyon Stahl Investment Real Estate, Inc.; cameron@lyonstahl.com
Licensed in: DRE# 02035763
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