16321 Pacific Coast Highway
Pacific Palisades Development Opportunity | 19.77 acres
Marketing description
CBRE and Marcus & Millichap are pleased to present 16321 Pacific Coast Highway, a rare coastal development opportunity in the heart of Pacific Palisades, California. Situated along one of Southern California’s most iconic corridors, this expansive 19.77-acre site (861,181 SF) offers investors and developers the chance to acquire a prime asset in a highly coveted, supply-constrained market.
Formerly home to 173 mobile home park residences, the Property was impacted and destroyed by the Palisades Fire. It is currently zoned RE40 with exceptional visibility along Pacific Coast Highway. Located in one of Los Angeles’ most prestigious coastal neighborhoods, the Property offers direct access to beaches, hiking trails, and scenic vistas. Its prominent frontage along Pacific Coast Highway ensures excellent accessibility and visibility, enhancing its appeal for future development.
CBRE and Marcus & Millichap are proud to present 16321 Pacific Coast Highway—a rare blend of location, scale, and potential.
Investment highlights
Generational Coastal Development Opportunity
Significant footprint in a highly competitive market
Prestigious address with branding potential
Proximity to beaches and outdoor recreation
Strong school district, high-end demographics
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