Fox Capital Group Acquires
Pacific Palisades Land Site

Fox Capital Group has acquired a land site in Pacific Palisades for $2.8 million, adding one of Los Angeles’s most coveted coastal neighborhoods to its development pipeline.

LOS ANGELES - February 2025 - Fox Capital Group announced the acquisition of a residential land parcel in Pacific Palisades, one of Los Angeles County’s most prestigious and supply-constrained coastal communities. The site was acquired for $2.8 million and will be developed into a luxury single-family residence designed to the firm’s signature condo-quality standard.

Pacific Palisades occupies a unique position in the Los Angeles luxury residential market. Bounded by the Santa Monica Mountains to the north, the Pacific Ocean to the west, and the exclusive Riviera Country Club to the south, the neighborhood offers an irreplaceable combination of coastal proximity, privacy, and architectural distinction that is increasingly scarce in a city with limited developable land. The area attracts entertainment industry executives, finance professionals, and international buyers seeking a rare blend of walkability, school quality, and natural beauty.

Luxury residential development - Fox Capital Group

As with all Fox Capital Group development projects, the firm will self-perform as general contractor, maintaining direct control over construction quality, schedule, and cost. The in-house design team, led by Head of Design Leila Miras, will oversee the architectural and interior program, ensuring that the finished residence reflects the elevated design standards the firm has established across its portfolio - from The Oshens in Redondo Beach’s Riviera Village to The Huntley Portfolio in West Hollywood.

“Pacific Palisades represents exactly the kind of location we look for,” said Fred Mir, Founder and CEO of Fox Capital Group. “The barriers to entry are real - you cannot replicate the ocean views, the topography, or the neighborhood character. We are building a home that will stand as a permanent statement about what premium Los Angeles residential real estate can be.”

The Pacific Palisades acquisition continues Fox Capital Group’s strategy of deploying capital into irreplaceable Southern California locations where supply constraints, strong end-user demand, and the firm’s development expertise converge to create compelling risk-adjusted returns. It reflects the firm’s long-term conviction that the top tier of the Los Angeles residential market - built to the highest possible standard in the best possible locations - will continue to outperform through any market cycle.