Property listed by EXP REALTY OF CALIFORNIA INC, Steven Pacheco 9493064999
16735 Marquez Terrace
Pacific Palisades, CA 90272
Beds
6
Baths
4
Square Ft.
4,470
$2,600,000
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… Read More 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. 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. 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. Read Less
Listing Snapshot
Days Online
5
Last Updated
Property Type
Single Family Residence
Beds
6
Full Baths
4
Square Ft.
4,470
Lot Size
0.17 Acres
Year Built
2017
MLS Number
CV25036813
30 Days Snapshot Of 90272
$4,795k
0%
(avg) sold price
0
-100%
homes sold
44
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 2017, Levels: ThreeOrMore, Living area: 4470, Common walls: NoCommonWalls
Community
Biking, Curbs, Foothills, Park, StormDrains, StreetLights, Suburban, WaterSports
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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