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16988 W. Marquez Avenue
16988 W. Marquez Avenue
16988 W. Marquez Avenue

Sold

16988 W. Marquez Avenue

16988 W Marquez Ave, Pacific Palisades, CA 90272

$1,560,000

$1,560,000

16988 W. Marquez Avenue

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.

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Location

16988 W Marquez Ave, Pacific Palisades, CA 90272

Status

Sold
Michael Yue

Michael Yue

Features & Amenities

Area & Lot

  • Status Sold
  • Lot Area9,308 Sq.Ft.
  • MLS® ID25538679
  • TypeLand
  • View DescriptionTree Top, Ocean

Financial

  • Sales Price$1,560,000
  • Zoning LAR1

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