Located in the Marquez Knolls neighborhood of Pacific Palisades, this fire-impacted condominium presents an opportunity for investors, builders, or buyers seeking a long-term project. The unit is situated in the front building of a 28-unit complex. This 2-bedroom, 2-bathroom residence with a flex den space offers approximately 1,304 square feet of interior space (buyer to verify), along with ocean views and a large balcony. The front building, consisting of 13 units, remains standing; however, units are impacted by the recent fire event and require extensive evaluation, remediation, and repair. The rear building, which contained 15 units, was destroyed. The HOA is currently evaluating options for the future of the complex, which may include various restoration, reconstruction, or redevelopment scenarios. Buyer to independently investigate and verify all HOA matters, including potential plans, insurance, and possible assessments. The list price reflects an estimated land value allocation for the unit and a potential long-term opportunity, subject to HOA direction and approvals. Property is being sold strictly as-is, where-is, with all faults. Seller and broker make no representations or warranties regarding the condition of the property, including but not limited to structural integrity, environmental condition, habitability, or feasibility of repair or reconstruction. Buyer is advised to conduct all investigations regarding condition, remediation requirements, structural integrity, environmental impacts, HOA plans, insurance availability, financing, permitting, and costs. Seller will make no repairs, credits, or concessions. This offering represents an opportunity to acquire a property in Marquez Knolls with ocean views, subject to buyer’s independent due diligence.
Property Details
Price:
$499,000
MLS #:
26666121
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Neighborhood:
c15pacificpalisades
Listed Date:
Mar 17, 2026
Finished Sq Ft:
1,304
Total Sq Ft:
1,304
Lot Size:
22,499 sqft / 0.52 acres (approx)
Year Built:
1965
See this Listing
Schools
Interior
Bathrooms
2 Full Bathrooms
Cooling
CA
Flooring
WOOD
Heating
CF
Levels
A
Exterior
Common Walls
_1CW
Parking Spots
2
Parking Total
2
Security Features
AG, CRD
Spa Features
AS
View
CO, OC
Financial
HOA Fee
$913
HOA Fee Frequency
MO
Map
Community
- Address16601 Marquez AV #201 Pacific Palisades CA
- CityPacific Palisades
- CountyLos Angeles
- Zip Code90272
Subdivisions in Pacific Palisades
Market Summary
Current real estate data for Condo in Pacific Palisades as of Jun 13, 2026
33
Condo Listed
111
Avg DOM
757
Avg $ / SqFt
$1,147,691
Avg List Price
Property Summary
- 16601 Marquez AV #201 Pacific Palisades CA is a Condo for sale in Pacific Palisades, CA, 90272. It is listed for $499,000 and features 2 beds, 2 baths, and has approximately 1,304 square feet of living space, and was originally constructed in 1965. The current price per square foot is $383. The average price per square foot for Condo listings in Pacific Palisades is $757. The average listing price for Condo in Pacific Palisades is $1,147,691.
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16601 Marquez AV #201
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