16601 Marquez Avenue #201, Pacific Palisades, CA 90272 (MLS # 26666121)

Price $499,000
Status Active
Beds 2
Baths 2 Baths
Home size 1,304 sqft
Lot Size 22,499 sqft
Days on Market 1
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 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.
Property Type(s): Condo/Townhouse/Co-Op
Last Updated 3/17/2026 Year Built 1965
Community C15 - Pacific Palisades County Los Angeles

Additional Details

AIR Central Air
AIR CONDITIONING Yes
AREA C15 - Pacific Palisades
HEAT Central
HOA DUES 913.14|Monthly
LOT 0.5165 acre(s)
LOT DIMENSIONS 22499
PARKING Community Structure
POOL DESCRIPTION Association
STORIES 1
VIEW Yes
VIEW DESCRIPTION Ocean

Location

Listed with Campbell Wellman Properties

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