Pacific Palisades, CA 90272,16988 W Marquez AVE
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Pacific Palisades, CA 90272,16988 W Marquez AVE
Pacific Palisades, CA 90272,16988 W Marquez AVE

$1,560,000

Est. payment /mo

$1,600,000

2.5%
Est.Price: ?

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16988 W Marquez AVE Pacific Palisades, CA 90272

9,308 Sqft Lot

SOLD DATE : 06/11/2025

Key Details

Sold Price $1,560,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 25538679

Sold Date 06/11/25

HOA Y/N No

Lot Size 9,308 Sqft

Property Description

Located at the prominent corner of Sunset Boulevard and Marquez Avenue, this 9,306-square-foot lot offers a rare opportunity in the highly desirable Marquez Knolls neighborhood of Pacific Palisades. The property is currently a vacant lot, providing a blank canvas for developers to create a substantial custom home. Under current R1 zoning regulations, there's potential to build up to 7,167 square feet, with an additional 10% allowance, totaling approximately 7,884 square feet. The generous lot size also allows for the inclusion of luxury amenities such as a pool and landscaped backyard, enhancing the property's appeal. Situated just half a mile from local beaches and the Palisades Village, this location combines the tranquility of a residential enclave with the convenience of nearby shopping, dining, and top-tier schools. Please inquire for additional details on the development potential and to view photos of the property prior to redevelopment.

Location

State CA

County Los Angeles

Area C15 - Pacific Palisades

Zoning LAR1

Interior

Fireplace No

Exterior

View Y/N Yes

View Ocean

Building

New Construction No

Others

Senior Community No

Tax ID 4415016001

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Lee Mintz • Compass
Bought with Anush Ferakhyan • The One Luxury Properties
agent

Peter Bissias

Advisor | License ID: 01991130

+1(818) 442-1102

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