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16988 W Marquez Avenue Pacific Palisades (los Angeles), CA 90272
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Key Details
Sold Price $1,560,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CL25538679
Sold Date 06/11/25
HOA Y/N No
Lot Size 9,308 Sqft
Acres 0.21
Property Sub-Type Unimproved Land
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
Zoning LAR1
Interior
Fireplace No
Exterior
View Y/N true
View Ocean
Building
New Construction No
Others
Tax ID 4415016001
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Bought with AnushFerakhyan
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