ORIGINAL OWNER....First time on the market! ATTENTION INVESTORS!!! This massive custom-built home is located one lot off Paseo Del Mar in the highly sought after Palisades area, across from the bluffs and ocean. This one-of-a-kind home is awaiting its cosmetic facelift ...so bring your creativity/imagination to bring this home to its full potential and beauty. In its day, this was a "designer" home where families were raised and friends gathered. Built in 1941 and remodeled in the 1970's, this home has over 3,684 sf, 4 bedrooms, 4 bathrooms, formal living room with fireplace, a grande double-door entryway, open kitchen, formal dining and a casual dining area. There are open beamed ceilings in the spacious step-down family room with another fireplace, a large wet bar and sliding glass doors to a huge private rear yard for entertaining. The Primary Suite encompasses the entire upper level with vaulted ceilings, walls of glass sliders opening to an oversized deck with a view of the ocean and towering palm trees. Step up to a raised office area and tons of closets. Ensuite bath has great potential to be spa-like. Roof was replaced in 2015 and sewer main line repaired in 2018. This "once beautiful home" needs some TLC (paint inside and out, flooring, and bathroom remodels). There is an additional room with a kitchenette off the family room with exterior access as well as a cottage-sized storage room in the back. A short block to the popular Corner Store and across from a beautiful park. Opportunity awaits!!!