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16601 Marquez Avenue 203
Active
Condominium
Condominium
16601 Marquez Avenue 203 
$450,000
Offered at
Pacific Palisades, CA 90272
Los Angeles County
2
Beds
2
Baths
1,086
Sq Ft
22,499
Lot Sq Ft
1965
Year Built
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 offers approximately 1,086 square…
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 offers approximately 1,086 square feet of interior space (buyer to verify), along with ocean views and a large double 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.
Facts & Features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- 1/2 bathrooms: 0
Cooling
- Cooling: Central Air
Features
- Flooring: Wood
- Has fireplace: No
Interior area
- Total structure area: 1,086 sqft
- Total interior livable area: 1,086 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Community Structure
Features
- Stories: 1
- Has private pool: No
- Pool features: In Ground, Association
- Spa features: Association
- Has view: Yes
- View features: Coastline, Ocean
Lot
- Size: 0.52 Acres
Details
- Parcel number: 4419013042
- Zoning: LAR3
- HOA: $760/mo
Construction
Type & style
- Home type: Residential
- Property subtype: Condominium
Condition
- Year built: 1965
Location
Mike Zwarg
Broker / Owner
951.528.0626
mike@mzhomes.us
mike@mzhomes.us
Listing Office: Campbell Wellman Properties · Listing Agent: Todd Stein · 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.
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16601 Marquez Avenue 203, Pacific Palisades, CA 90272
951.528.0626
mike@mzhomes.us
mzhomes.us
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