16735 Marquez Terrace

Pacific Palisades, CA 90272

PRICE REDUCED

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-$301,000 (-11.58%)

$2,299,000

List Price

6

bed Beds

4

shower Baths

4,470 sqft

straighten / sqft

2017

calendar_month Built

Property Description

UPDATED: 4,917 SQFT MAX BUILD * Prime Pacific Palisades Development Opportunity – Just Off Sunset Blvd - OCEAN VIEW 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 4,917 sqft through an expedited process or pursue a larger build with city approval. 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 up to 4,917 sqft. 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. Offers welcomed.

Listing Information

List Price $2,299,000
Status Active
MLS CV25036813
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 2017
Lot Size 7,244
Structure Size 4,470
DOM 15
Courtesy Of EXP REALTY OF CALIFORNIA INC
Listing Agent Steven Pacheco DRE#02039318

Interior Features

Laundry Information
Location(s) None
Bedroom Information
Features All Bedrooms Up
Total Bedroom
Bedrooms 6
Total Bathroom
Bathrooms 4
Fireplace Information
Features Living Room
Additional Information
Additional Features All Bedrooms Up
Cooling Type
Cooling Type Central Air

Exterior Information

Other Structures
Views Catalina, City Lights, Coastline, Canyon, Mountain(s), Ocean, Panoramic, Pool, Trees/Woods

Maps

home_work Nearby Properties

Listing information courtesy of: Steven Pacheco, EXP REALTY OF CALIFORNIA INC 9493064999. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 7th, 2025 at 6:30 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.