$699,000

16601 Marquez Avenue 103, Pacific Palisades (los Angeles), CA 90272

  • 1 bed |
  • 1 bath |
  • 928 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon0.52acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $753/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

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

Listing Status:
Active
Date Added:
March 23, 2026
Data Last Updated:
April 2, 2026 at 12:06PM
Listing Office:
Equity Union : 661-516-2064
Listing Agent:
Greg Erpenbach : 310-499-3509
MLS ID:
CL26668571
  • Flooring: Wood
  • A/C: None
  • Fireplace: None
  • Style: Contemporary
  • Parking: OtherParking spaces: 1
  • General: 1
  • HOA Amenities: PoolGatedOtherWaterSewerTrash668.0Monthly
  • County: Los Angeles
  • Zoning: LAR34419013034
  • View: None

This listing courtesy of Greg Erpenbach , Equity Union

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Marquez Charter Elementary School

16821 Marquez Ave, Pacific Palisades, CA, 90272

Grades KG-5

0.31 miles away

P

Paul Revere Charter School

1450 Allenford Ave, Los Angeles, CA, 90049

Grades 6-8

2.83 miles away

U

University High School Charter

11800 Texas Ave, Los Angeles, CA, 90025

Grades 9-12

4.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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