Rare opportunity to own an income property in the Pacific Palisades. First time on the market in 38 years. One unit owner-occupied...one unit will be delivered vacant at the COE. This fantastic duplex offers two separate buildings with flexibility in how they are used. Options: Owner-user in one with income from the other...or investor looking for prime location with excellent potential for upside in rental income. LOWER UNIT faces Sunset Blvd and enjoys 2 bedrooms, 1 bath plus living room and eat-in kitchen. This unit also has a patio, covered laundry area outside and 1-car garage. UPPER UNIT enjoys views of the trees and some ocean. This charming space that feels like a home offers 2 bedrooms (1 currently used as an office), 1 bath plus living room and beautifully updated eat-in kitchen. Wrap-around patio with nice sense of privacy and storage room with laundry below the unit. 2-car garage accompanies the Upper Unit. See OFFER GUIDELINES in DOCS. Seller does not know condition of fireplace/chimney in each unit and will do no repairs or credits. MUST use RIPA form for offers.