REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Cherrie And Zach

[email protected] +1(661) 312-2536

$ 299,000

Est. payment -/mo

Save

Price Dropped by $400K

16601 Marquez Ave #103 Pacific Palisades, CA 90272

1 Bed

1 Bath

928 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 928 sqft

Price per Sqft $322

MLS Listing ID 26668571

Style Contemporary

Bedrooms 1

Full Baths 1

HOA Fees $668/mo

HOA Y/N Yes

Year Built 1965

Lot Size 0.517 Acres

Acres 0.5165

Property Sub-Type Condo

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 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).

Location

State CA

County Los Angeles

Area Pacific Palisades

Building/Complex Name Las Brisas

Zoning LAR3

Rooms

Dining Room 0

Interior

Heating Wall Electric

Cooling None

Flooring Wood

Fireplaces Type None

Equipment None

Laundry In Unit

Exterior

Parking Features Community Garage, Gated

Garage Spaces 1.0

Pool Association Pool

Amenities Available Gated Community, Exercise Room, Pool

View Y/N No

View None

Building

Story 3

Architectural Style Contemporary

Level or Stories One

Others

Special Listing Condition Short Pay

Pets Allowed Yes

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Equity Union

Nearby Locations

Cherrie And Zach

Broker || Owners | License ID: 01904568

+1(661) 312-2536

Cherrie And Zach

16601 Marquez Ave #103 Pacific Palisades, CA 90272

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

GET MORE INFORMATION

Go tour this home

16601 Marquez Ave #103