Listing cover photo
1 / 1

16601 Marquez Avenue, 302, Pacific Palisades, CA 90272

$629K2bd · 2ba · 1,175 sqft
Lot 22,499 sqft•HOA $742/mo•Condominium•
Active
•181d on market•MLS# 00-26708837

Property Description

Set above the Marquez bluffs, this top-floor front-facing condo captures what draws people to Pacific Palisades in the first place. Open sky, ocean views, and a sense of space that's hard to find.Prior to the fire, the interior was thoughtfully renovated with a clean, modern feel, opening to a deep double balcony that extends the living space outdoors. The unit itself remained intact, offering a rare starting point within a complex that is now undergoing environmental remediation and restoration.For buyers who understand the Palisades, this is a strategic entry into one of the Palisades' most resilient pockets. Inventory in view-facing condo buildings like this is limited, and long-term demand has consistently followed these locations. What's being offered here is not just what the property was, but what it can be again.An opportunity to step into the Palisades at a compelling basis, with the upside tied to both the location and the continuous recovery of the community.

Features & Amenities

FeeBuilt 1965

Property Details

Land Type
Fee
Year Built
1965
Property Type
Residential
Property Subtype
Condominium
View
Ocean, Pool, Trees/Woods, See Remarks
Flooring
Wood
City
Pacific Palisades
Zip Code
90272
County
Los Angeles
Listed byUnknown Office, Keri White

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,180.57
Principal & Interest
Loan Amount
$503,200
Total Interest
$641,804
Total Payment Over 30 Years
$1,145,004
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

16601 Marquez Avenue, 302, Pacific Palisades, CA 90272

Pacific Palisades · Condominium

$629K
Affordable Tier
Beds
2
Baths
2
Sqft
1,175
Lot
22,499 sqft
Year
1965
$/Sqft
$535
Pool: Yes✓
Spa: No✓
View: water✓

Listed 37.1% below the median closed sale of $1,000,000. Price per sqft ($535) is a 14% discount to closed comps ($625). Closed comps sold at 83% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 175 days on market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $629K· $535/sqft
Total list price
Closed comps
vs closed median $1.00M
−$371K (−37.1%)
Active comps
vs active median $499K
+$130K (+26.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $420
+$115 (+27.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
16601 Marquez AvenuePacific Palisades1965221,17522,499$298$350,00020791
16601 Marquez AvenuePacific Palisades1965221,08622,499$414$450,00020789
16601 Marquez AvenuePacific Palisades1965221,30422,499$383$499,00020788
16601 Marquez AvenuePacific Palisades1965221,30422,499$383$499,00020788
15515 Sunset BoulevardPacific Palisades1975221,1160$624$696,0004786
Total: 5 · Average2.02.01,19722,499$420.4$498,800175
Median1,175$499,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
16040 Sunset BoulevardPacific Palisades198810/05/2026231,43516,639$1.20M$1.05M$7320.8814474
16123 Sunset BoulevardPacific Palisades200607/23/2026231,38615,805$1.10M$785,000$5660.719371
17243 Palisades CirclePacific Palisades197408/27/2026231,531361,377$1.07M$1.00M$6530.9313170
15500 Sunset BoulevardPacific Palisades198606/30/2026221,77021,768$1.30M$1.14M$6410.874069
17132 Palisades CirclePacific Palisades197607/24/2026231,734127,646$1.20M$925,811$5340.7846964
Total: 5 · Average2.02.81,571.2108,647$979,162.2$979,162.2$625.2—175.4
Median1,531$1.00M$1.00M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.