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$299,000
125 Days On Site

16601 Marquez Avenue 103
Pacific Palisades, CA 90272

For Sale|Condominium|Active
1
Bed
1
Total Bath
1
Full Bath
928
SqFt
$322
/SqFt
1965
Built
County:
Los Angeles
Call Now: (408) 868-2620
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(408) 868-2620
16601 Marquez Avenue 10316601 Marquez Avenue 10316601 Marquez Avenue 10316601 Marquez Avenue 103
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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).

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Listing Snapshot
Price 
$299,000
Days On Site 
125 Days
Bedrooms 
1
Inside Area (SqFt) 
928 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.5165 Acres
Year Built 
1965
MLS® Number 
26668571
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$668 monthly
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS®
3 months agoPrice changed to $299,000
4 months agoListing first seen on site
General Features
Acres 
0.5165
Disclosures 
CovenantsRestrictionsDisclosureFamilialRelationHoaDisclosureSellerDisclosure
Levels 
One
Number Of Stories 
3
Parking 
GatedCommunity Structure
Parking Spaces 
1
Pets 
Yes
Property Sub Type 
Condominium
Security 
Security GateGated Community
Special Circumstances 
Short Sale
SqFt Total 
928
Style 
Contemporary
Zoning 
LAR3
Interior Features
Fireplace Features 
None
Flooring 
Wood
Furnished 
Unfurnished
Great Room 
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Exterior Features
Pool Features 
Association
View 
None
Waterview 
None
Community Features
Association Amenities 
PoolTrashWater
Association Dues 
668
Community Features 
Gated
Financing Terms Available 
Cash
HOA Fee Frequency 
Monthly
MLS Area 
C15 - Pacific Palisades
Listing courtesy of Greg Erpenbach of Equity Union

Based on information from the The MLS as of 2026-07-27 06:15 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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