16988 W Marquez Avenue, Pacific Palisades, CA 90272
Property
Sold June 2025
Listing Agent: Lee Mintz (DRE #01355531) · Listing Office: Compass · Contact: 310-230-5478 · Bought with: Anush Ferakhyan · The One Luxury Properties · MLS #25538679 · Source: CRMLS
About this property
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.
Listing description from the June 2025 sale, as reported to CRMLS.
Sale history