16601 Marquez Avenue 103, Pacific Palisades (los Angeles), CA 90272
- 1 bed |
- 1 bath |
- 928 sqft
Condominium
Built in 1965
0.52acre lot
—— car garage
$753/sqft
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
- 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Marquez Charter Elementary School
16821 Marquez Ave, Pacific Palisades, CA, 90272
Grades KG-5
0.31 miles away
Paul Revere Charter School
1450 Allenford Ave, Los Angeles, CA, 90049
Grades 6-8
2.83 miles away
University High School Charter
11800 Texas Ave, Los Angeles, CA, 90025
Grades 9-12
4.73 miles away






