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$2,600,000
Est. payment /mo
7,244 Sqft Lot
UPDATED:
02/20/2025 07:00 PM
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25036108
HOA Y/N No
Lot Size 7,244 Sqft
Acres 0.1663
Property Sub-Type Lots/Land
Property Description
Prime Pacific Palisades Development Opportunity Just Off Sunset Blvd - 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 4,470 sqft through an expedited process or pursue a larger build with city approval. 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 LAs most desirable coastal locations. 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 4,917 sqft. Offers welcomed.
Prime Pacific Palisades Development Opportunity Just Off Sunset Blvd - 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 4,470 sqft through an expedited process or pursue a larger build with city approval. 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 LAs most desirable coastal locations. 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 4,917 sqft. Offers welcomed.
Prime Pacific Palisades Development Opportunity Just Off Sunset Blvd - 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 4,470 sqft through an expedited process or pursue a larger build with city approval. 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 LAs most desirable coastal locations. 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 4,917 sqft. Offers welcomed.
Location
State CA
County Los Angeles
Area Pacific Palisades (90272)
Building
Lot Description Curbs
Lot Size Range 4000-7499 SF
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Steven Pacheco • EXP REALTY OF CALIFORNIA INC
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