Pacific Palisades, CA 90272,16735 Marquez TER
Pacific Palisades, CA 90272,16735 Marquez TER
Pacific Palisades, CA 90272,16735 Marquez TER
10
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$1,780,000
$1,750,000 1.7%
Est. payment /mo
6 Beds
4 Baths
4,470 SqFt
Sold on 04/10/2025

16735 Marquez TER Pacific Palisades, CA 90272

Nathan King Real Estate Group
Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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UPDATED:

Key Details

Sold Price $1,780,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 4,470 sqft

Price per Sqft $398

MLS Listing ID CV25036813

Bedrooms 6

Full Baths 4

Year Built 2017

Lot Size 7,244 Sqft

Property Sub-Type Single Family Residence

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.

Location

State CA

County Los Angeles

Area C15 - Pacific Palisades

Zoning LAR1

Interior

Cooling Central Air

Fireplaces Type Living Room

Laundry None

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool Private

Community Features Biking, Curbs, Foothills, Park, Storm Drain(s), Street Lights, Suburban, Water Sports

View Y/N Yes

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

Building

Lot Description 0-1 Unit/Acre

Story 3

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Abc Unified

Others

Acceptable Financing Cash, Cash to Existing Loan, Conventional, Government Loan, Private Financing Available

Listing Terms Cash, Cash to Existing Loan, Conventional, Government Loan, Private Financing Available

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Steven Pacheco • EXP REALTY OF CALIFORNIA INC • 9493064999
Bought with Angela Wong • Coldwell Banker Realty

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agent

Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

Name
Phone*
Message