16735 Marquez Terrace, Pacific Palisades, CA 90272 - Berkshire Hathaway HomeServices California Properties

16735 Marquez Terrace, Pacific Palisades, CA 90272

$2,299,000 Approx. USD 0 beds, 0 baths

Listing Agent


Steven Pacheco | srealtor21@gmail.com
Lic#: 02039318
Broker: Courtesy of EXP REALTY OF CALIFORNIA INC

Agent Remarks

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. 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.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# CV25036108
List price is $2,299,000 Reduced by $301,000 on 3/4/2025
Price: $2,299,000
HOA Fee is $0.00
Beds: 0
Baths: 0
0.17 acres
Lot size: 0.1663
County: Los Angeles
Zoning: LAR1
Lot description: ZeroToOneUnitAcre
MLS area: C15 - Pacific Palisades

Last Updated: 3/4/2025

 Days On Market (DOM): 27

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This listing belongs to the C15 - Pacific Palisades MLS area

Lat/Long: 34.047730, -118.546003.
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Source: CRM. Also Available in CV25036813,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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