Pacific Palisades, CA 90272,16988 W Marquez AVE
Pacific Palisades, CA 90272,16988 W Marquez AVE
Pacific Palisades, CA 90272,16988 W Marquez AVE
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$1,600,000
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9,308 Sqft Lot
Active Under Contract

16988 W Marquez AVE Pacific Palisades, CA 90272

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Key Details

Property Type Vacant Land

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 25538679

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


California Regional MLS (CRMLS)
Listed by Lee Mintz • Compass
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agent

Lanz Correia

Broker | License ID: 1883404

+1(619) 564-6355

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16988 W Marquez AVE