Active

16601 Marquez Avenue #103

Pacific Palisades, CA 90272
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Bed 1

Bed

Bath 1

Bath

SqFt928

Sqft

SqFt22,499

Sqft(Lot)

This Pacific Palisades condominium is located in the Marquez Knolls neighborhood. The building is currently not inhabitable due to the recent fire event. It represents a unique opportunity to acquire a unit in a highly desirable area at a substantial discount, well-suited for investors, builders or buyers experienced with HOA-managed restoration and remediation processes. This residential unit is a one bedroom one bath with a beautiful large patio situated in the front building consisting of 13 units within the 28-unit complex. The front building remains standing and the inside of the unit appears to have no damage. The entire front building was, however, was impacted by the fire and possibly requires extensive evaluation, remediation, and repair. The rear building, which contained 15 u nits, was destroyed. Currently, the HOA is 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 includes an estimated land value allocation for the unit and a potential long-term opportunity, subject to HOA direction and approvals. Property is being sold as-is. 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 opportunity to acquire this property in Marquez Knolls, is subject to buyer's independent due diligence. (all photos are pre-fire).

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Detail Ic Property Details

Property Type : Residential

Price : $299,000

AD Id : 76343042

MLS Id : 26668571

Beds : 1

Lot Size : 22,499 Sqft

Living Area Size : 928

Year Built : 1965

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 1

    Bathroom Information

    Total Baths: 1 Full Baths: 1 Half Baths: 0
  • Interior Features

    Fireplace: None Flooring: Wood Furnished Description: Unfurnished
  • Cooling Features

    None Air Conditioning

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1965 Building Area Total: 928
  • Security Features

    Security Gate,Gated Community
  • Pool Features

    Association

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.5165
  • Lot Size Source: Assessor Lot Size Square Feet: 22499

  • Listing Price Information

    Original List Price: 299,000 Listing Contract Date: 2026-03-23
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 4419013034

  • Garage and Parking

    Garage Description: Gated,Community Structure

    Homeowners Association

    Pets Allowed: Yes Association: Yes Association Amenities: Pool,Trash,Water Association Fee: 668 AssociationFee Frequency: Monthly Calculated Total Monthly Association Fees: 668

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C15 - Pacific Palisades Postal Code Plus 4: 3234 Directions: Sunset Blvd. to Marquez Ave. Zoning: LAR3 Source Property Type: Residential Area: C15 - Pacific Palisades Property SubType: Condominium
  • Building and Construction

    Property Age: 61 Common Walls: 1 Common Wall Structure Type: Condominium Year Built Source: Vendor Enhanced Total Square Feet Living: 928 Entry Level: 1 Property Attached: Yes Levels or Stories: One Building Total Stories: 1
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ByOwner last updated this listing 06/11/2026 @ 09:01

MLS: 26668571 LISTED BY: Greg Erpenbach, Equity Union 661-516-2064 SOURCE: CRMLS

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