$499,000

16601 Marquez Avenue 301, Pacific Palisades (los Angeles), CA 90272

2 beds |
2 baths |
1,304 sqft

Condominium
Built in 1965
0.52acre lot
—— car garage
$383/sqft
Listed 16 days ago

Property Description

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 with a flex den space offers approximately 1,304 square feet of interior space (buyer to verify), along with ocean views and a large 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 integ

Listing Status:: Active
Date Added:: March 17, 2026
Data Last Updated:: April 2, 2026 at 1:09PM
Listing Office:: Campbell Wellman Properties : 310-437-5333
Listing Agent:: Todd Stein : 310-437-5323
MLS ID:: CL26665471

General: Den
Appliances: DishwasherRefrigerator
Laundry: DryerWasher
Flooring: Wood
A/C: Central Air
Heating: Central
Fireplace: None

General: Heated
Parking: AssignedOtherParking spaces: 2

General: 1

HOA Amenities: PoolSpa/Hot TubOtherMaintenance Grounds913.0Monthly
County: Los Angeles

Zoning: LAR34419013050
View: OtherOceanView

This listing courtesy of Todd Stein , Campbell Wellman Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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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

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.