Active
16735 Marquez TER
PACIFIC PALISADES CA, 90272
$2,600,000
$358.92 per sqft
Active
0.17 Acres
Land
Prime Pacific Palisades Development Opportunity Just Off Sunset Blvd - Located just half a mile from the ocean, 16735 Marquez Terrace presents a rare opportunity to build in one of Los Angeles most sought-after coastal neighborhoods. Previously home to a 4,470 sqft, 4-bedroom, 6-bathroom Newly Modern Residence built in 2017, Original architectural plans remain available for buyers looking to expedite the rebuilding process. Included in the sale. A beautiful Modern Design. *PARCEL STATUS CURRENTLY IN PHASE 2* of Debris clean up. This 7,244 sqft lot in Marquez Knolls offers panoramic ocean and treetop views, an existing swimming pool (still present), and proximity to Palisades Village, hiking trails, and previously home of top-rated schools. Zoned R1-1 (Single-Family Residential), this lot provides the flexibility to rebuild up to 4,470 sqft through an expedited process or pursue a larger build with city approval. Additionally, the March 31st deadline for free debris removal presents a valuable cost-saving opportunity for redevelopment. Save thousands. With Pacific Palisades undergoing significant transformation, this property is an exceptional opportunity for developers, builders, or investors looking to capitalize on one of LA s most desirable coastal locations. Under current Los Angeles rebuilding regulations, you are permitted to increase your property's original square footage by up to 10% when reconstructing after fire damage giving you a maximum of 4,917 sqft. Offers welcomed.
CV25036108MR
MLSⓇ ID
February 19, 2025
Listed
February 20, 2025
Updated
Exterior/Building Features
Lot Size
0.17 Acres
Other Property Details
Area Name
Pacific Palisades
Garage
No
View
Yes
View Description
Canyon, Catalina, City Lights, Coastline, Ocean, Panoramic, Trees/Woods
County
Los Angeles
Water Source
Public
Pool
No
Zoning
LAR1
Listed by Steven Pacheco with EXP REALTY OF CALIFORNIA INC
Listing Contact: 9493064999
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Adam Brawer Estates | CA DRE# 2107201 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 2/20/2025