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$350,000
2 Beds 2 Baths 26666117 MLS Las Brisas BLDG.
Public Remarks (Unit 202 Revised & Protected)Located in the Marquez Knolls neighborhood of Pacific Palisades, this fire-impacted condominium presents an opportunity for investors, builders, or buyers seeking a long-term project. The unit is situated in the front building of a 28-unit complex. This 2-bedroom, 2-bathroom residence offers approximately 1,175 square feet of interior space (buyer to verify), along with ocean views and a large balcony. The front building, consisting of 13 units, remains standing; however, units are impacted by the recent fire event and require extensive evaluation, remediation, and repair. The rear building, which contained 15 units, was destroyed. The HOA is currently evaluating options for the future of the complex, which may include various restoration, reconstruction, or redevelopment scenarios. Buyer to independently investigate and verify all HOA matters, including potential plans, insurance, and possible assessments. The list price reflects an estimated land value allocation for the unit and a potential long-term opportunity, subject to HOA direction and approvals. Property is being sold strictly as-is, where-is, with all faults. Seller and broker make no representations or warranties regarding the condition of the property, including but not limited to structural integrity, environmental condition, habitability, or feasibility of repair or reconstruction. Buyer is advised to conduct all investigations regarding condition, remediation requirements, structural integrity, environmental impacts, HOA plans, insurance availability, financing, permitting, and costs. Seller will make no repairs, credits, or concessions. This offering represents an opportunity to acquire a property in Marquez Knolls with ocean views, subject to buyer's independent due diligence.

16601 Marquez Ave Unit 202, Pacific Palisades

Courtesy of Campbell Wellman Properties, Todd Stein - CA DRE#01879814

$350,000
2 Beds 2 Baths 26666117 MLS
Public Remarks (Unit 202 Revised & Protected)Located in the Marquez Knolls neighborhood of Pacific Palisades, this fire-impacted condominium presents an opportunity for investors, builders, or buyers seeking a long-term project. The unit is situated in the front building of a 28-unit complex. This 2-bedroom, 2-bathroom residence offers approximately 1,175 square feet of interior space (buyer to verify), along with ocean views and a large balcony. The front building, consisting of 13 units, remains standing; however, units are impacted by the recent fire event and require extensive evaluation, remediation, and repair. The rear building, which contained 15 units, was destroyed. The HOA is currently evaluating options for the future of the complex, which may include various restoration, reconstruction, or redevelopment scenarios. Buyer to independently investigate and verify all HOA matters, including potential plans, insurance, and possible assessments. The list price reflects an estimated land value allocation for the unit and a potential long-term opportunity, subject to HOA direction and approvals. Property is being sold strictly as-is, where-is, with all faults. Seller and broker make no representations or warranties regarding the condition of the property, including but not limited to structural integrity, environmental condition, habitability, or feasibility of repair or reconstruction. Buyer is advised to conduct all investigations regarding condition, remediation requirements, structural integrity, environmental impacts, HOA plans, insurance availability, financing, permitting, and costs. Seller will make no repairs, credits, or concessions. This offering represents an opportunity to acquire a property in Marquez Knolls with ocean views, subject to buyer's independent due diligence.

16601 Marquez Avenue Unit 202, Pacific Palisades

Listing courtesy of Listing Agent: Todd Stein (todd@campbellwellman.com) from Listing Office: Campbell Wellman Properties.

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Based on information from CRISNet MLS as of 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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