$1,560,000
$1,600,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
16988 W Marquez AVE Pacific Palisades, CA 90272
9,308 Sqft Lot
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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Bought with Anush Ferakhyan • The One Luxury Properties
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