Build your vision in one of Pacific Palisades' most sought-after coastal enclaves. Located mere blocks from the heart of Palisades Village, 1150 Iliff Street presents an opportunity to develop a custom residence in the highly desirable north end of the Alphabet Streets neighborhood. This 6,503-square-foot parcel offers an ideal blend of location and lifestyle, moments from the area's premier dining, shopping, and daily conveniences. A Survey, CAP.LA Soils Report, and the USACE Clearance Certificate are included in the sale -- providing a strong foundation for redevelopment. The site previously included an approximately 2,500-square-foot, two-story residence with 5-bedrooms, 3-bathrooms, and ocean views from the upstairs balcony. The surrounding neighborhood is already experiencing a dynamic resurgence, with multiple homes under construction and in framing stages -- signaling a swift return to vibrancy. The property also benefits from the newly reopened Palisades Village, offering elevated retail, dining, and community experiences. Additionally, the nearby Palisades Park & Recreation Center is slated for major enhancements, supported by SteadfastLA and JJ Redick's LA Strong Sports Foundation. With its prime position and strong momentum in the immediate area, this is an exceptional opportunity to create a custom coastal retreat in one of Pacific Palisades' most coveted enclaves.