$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
Lot Size 9,308 Sqft
Acres 0.2137
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 Pacific Palisades
Zoning LAR1
Exterior
View Y/N Yes
View Tree Top, Ocean
Others
Special Listing Condition Standard
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