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$ 499,000
Est. payment /mo
Active
16601 Marquez Avenue #301 Pacific Palisades (los Angeles), CA 90272
2 Beds
2 Baths
1,304 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,304 sqft
Price per Sqft $382
MLS Listing ID CL26665471
Bedrooms 2
Full Baths 2
HOA Fees $913/mo
HOA Y/N Yes
Year Built 1965
Lot Size 0.517 Acres
Acres 0.5165
Property Sub-Type Condominium
Property Description
Located in the Marquez Knolls neighborhood of Pacific Palisades, this fire-impacted condominium presents an opportunity for investors, builders, or buyers seeking a long-term project. The unit is situated in the front building of a 28-unit complex. This 2-bedroom, 2-bathroom residence with a flex den space offers approximately 1,304 square feet of interior space (buyer to verify), along with ocean views and a large balcony.The front building, consisting of 13 units, remains standing; however, units are impacted by the recent fire event and require extensive evaluation, remediation, and repair. The rear building, which contained 15 units, was destroyed.The HOA is currently evaluating options for the future of the complex, which may include various restoration, reconstruction, or redevelopment scenarios. Buyer to independently investigate and verify all HOA matters, including potential plans, insurance, and possible assessments. The list price reflects an estimated land value allocation for the unit and a potential long-term opportunity, subject to HOA direction and approvals. Property is being sold strictly as-is, where-is, with all faults. Seller and broker make no representations or warranties regarding the condition of the property, including but not limited to structural integrity, environmental condition, habitability, or feasibility of repair or reconstruction. Buyer is advised to conduct all investigations regarding condition, remediation requirements, structural integrity, environmental impacts, HOA plans, insurance availability, financing, permitting, and costs. Seller will make no repairs, credits, or concessions. This offering represents an opportunity to acquire a property in Marquez Knolls with ocean views, subject to buyer's independent due diligence.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Interior Features Den
Heating Central
Cooling Central Air
Flooring Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Refrigerator
Laundry Dryer, Washer
Exterior
View Y/N true
View Other, Ocean
Total Parking Spaces 2
Private Pool false
Building
Story 1
Level or Stories One Story
New Construction No
Others
Tax ID 4419013050
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Todd Stein • Campbell Wellman Properties