16117 W Sunset Boulevard, Pacific Palisades, CA 90272

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
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16117 W Sunset Boulevard,Pacific Palisades, CA 90272
$5,750,000
  • 23 Beds
  • 23 Baths
  • 13,068 sq. ft.
  • Multi-family
  • Active
Listed by:jonathan taksa
Office:remax commercial and investment realty
MLS#:25567811
Source:CRMLS

Price summary

  • Price:$5,750,000
  • Price per sq. ft.:$440.01

About this home

We are proud to present a uniquely positioned multifamily investment opportunity in the heart of Pacific Palisades. Located at 16117 W Sunset Blvd, this 13-unit building constructed in 1991 and exempt from the City of Los Angeles Rent Stabilization Ordinance (AB 1482 applies) offers a rare chance to acquire a non-rent-controlled asset at a significant discount to both current replacement cost and pre-fire valuations. Following the Palisades fire, only 5 tenants remain in occupancy, providing a buyer with the immediate ability to re-tenant the majority of units at market-leading rental rates. This creates a compelling value proposition: a high-quality building with strong fundamentals, considerable income upside, and exceptional long-term positioning. The property features a well-balanced unit mix of ten oversized 2-bedroom, 2-bath units and three large 1-bedroom, 1-bath units. Many units include upgraded kitchens and bathrooms, hardwood flooring, in-unit laundry, fireplaces, central

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Home facts

  • Year built:1991
  • Listing Id #:25567811
  • Added:24 day(s) ago
  • Updated:August 13, 2025 at 01:21 PM

Rooms and interior

  • Bedrooms:23
  • Total bathrooms:23
  • Living area:13,068 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace

Structure and exterior

  • Year built:1991
  • Building area:13,068 sq. ft.
  • Lot area:0.2 Acres

Finances and disclosures

  • Price:$5,750,000
  • Price per sq. ft.:$440.01
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2025 . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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