← All listings
![16601 Marquez Avenue 103]()
16601 Marquez Avenue 103
Active
Condominium
Condominium
16601 Marquez Avenue 103 
$299,000
Offered at
Pacific Palisades, CA 90272
Los Angeles County
1
Beds
1
Baths
928
Sq Ft
22,499
Lot Sq Ft
1965
Year Built
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…
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 units, 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).
Facts & Features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- 1/2 bathrooms: 0
Cooling
- Has cooling: No
Features
- Flooring: Wood
- Has fireplace: No
Interior area
- Total structure area: 928 sqft
- Total interior livable area: 928 sqft
Property
Parking
- Total spaces: 1
- Parking features: Gated, Community Structure
Features
- Stories: 1
- Has private pool: No
- Pool features: Association
- Has view: No
Lot
- Size: 0.52 Acres
Details
- Parcel number: 4419013034
- Zoning: LAR3
- HOA: $668/mo
Construction
Type & style
- Home type: Residential
- Architectural style: Contemporary
- Property subtype: Condominium
Condition
- Year built: 1965
Location
Mike Zwarg
Broker / Owner
951.528.0626
mike@mzhomes.us
mike@mzhomes.us
Listing Office: Equity Union · Listing Agent: Greg Erpenbach · CRMLS
The property listing information on this website comes in part from the California Regional Multiple Listing Service (CRMLS) via Internet Data Exchange (IDX). Information is deemed reliable but is not guaranteed accurate by the MLS, and all properties are subject to prior sale, change, or withdrawal. This data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than identifying properties consumers may be interested in purchasing. Buyers should independently verify all information, including square footage, lot size, schools, and property condition.
Schedule a Showing
Ask about this home
16601 Marquez Avenue 103, Pacific Palisades, CA 90272
951.528.0626
mike@mzhomes.us
mzhomes.us
Text