16601 Marquez Avenue 202 #202
Pacific Palisades, CA 90272
- Bedrooms
- 2
- Bathrooms
- 2
- Interior
- 1,175 sq ft
- Year Built
- 1965
About this residence
Public Remarks (Unit 202 Revised & Protected)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 offers approximately 1,175 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 details
- Status
- For Sale
- Property type
- Condo
- Price per sq ft
- $298/sq ft
- Days on market
- 88 days
- Year built
- 1965
- HOA fee
- $824/mo
- View
- Coastline,Ocean
- Parking
- 2 spaces
- Furnished
- No
- Waterfront
- No
- MLS number
- 26666117
Location & neighborhood
16601 Marquez Avenue 202 #202, Pacific Palisades, CA 90272
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- Principal & interest$1,770
- Property taxes$531
- Insurance$146
- HOA / fees$824
Estimate only. Taxes, insurance and HOA are approximate.
Listing courtesy of Campbell Wellman Properties · MLS 26666117. Information deemed reliable but not guaranteed; buyers should independently verify all details.
Equal Housing Opportunity. LA Condo HQ is committed to compliance with all federal, state, and local fair housing laws. We do not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, or any other protected class. All measurements, square footage, and financial figures are approximate and provided for informational purposes only.