12
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$2,299,000
Est. payment /mo
7,244 Sqft Lot
Price Dropped by $301K
16735 Marquez TER Pacific Palisades, CA 90272
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UPDATED:
03/04/2025 03:00 AM
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV25036108
Originating Board California Regional MLS
Lot Size 7,244 Sqft
Property Sub-Type Other Residential Land
Property Description
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 4,224 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 a maximum of 4,224 sqft. Additionally, the March 31st deadline for free debris removal presents a valuable cost-saving opportunity for redevelopment. Save thousands. W
Location
State CA
County Los Angeles
Area C15 - Pacific Palisades
Zoning D0
Exterior
View Hills, Ocean, Other, Panoramic, Canyon, 31, Forest / Woods, City Lights
Building
Water District - Public
Others
Tax ID 4419014025
Special Listing Condition Not Applicable
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Listed by Steven Pacheco • EXP REALTY OF CALIFORNIA INC