
16601 Marquez Avenue, 302, Pacific Palisades, CA 90272
16601 Marquez Avenue, 302, Pacific Palisades, CA 90272
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
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Pacific Palisades · Condominium
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.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 16601 Marquez Avenue | Pacific Palisades | 1965 | 2 | 2 | 1,175 | 22,499 | $298 | $350,000 | 207 | 91 |
| 16601 Marquez Avenue | Pacific Palisades | 1965 | 2 | 2 | 1,086 | 22,499 | $414 | $450,000 | 207 | 89 |
| 16601 Marquez Avenue | Pacific Palisades | 1965 | 2 | 2 | 1,304 | 22,499 | $383 | $499,000 | 207 | 88 |
| 16601 Marquez Avenue | Pacific Palisades | 1965 | 2 | 2 | 1,304 | 22,499 | $383 | $499,000 | 207 | 88 |
| 15515 Sunset Boulevard | Pacific Palisades | 1975 | 2 | 2 | 1,116 | 0 | $624 | $696,000 | 47 | 86 |
| Total: 5 · Average | 2.0 | 2.0 | 1,197 | 22,499 | $420.4 | $498,800 | 175 | |||
| Median | 1,175 | $499,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 16040 Sunset Boulevard | Pacific Palisades | 1988 | 10/05/2026 | 2 | 3 | 1,435 | 16,639 | $1.20M | $1.05M | $732 | 0.88 | 144 | 74 |
| 16123 Sunset Boulevard | Pacific Palisades | 2006 | 07/23/2026 | 2 | 3 | 1,386 | 15,805 | $1.10M | $785,000 | $566 | 0.71 | 93 | 71 |
| 17243 Palisades Circle | Pacific Palisades | 1974 | 08/27/2026 | 2 | 3 | 1,531 | 361,377 | $1.07M | $1.00M | $653 | 0.93 | 131 | 70 |
| 15500 Sunset Boulevard | Pacific Palisades | 1986 | 06/30/2026 | 2 | 2 | 1,770 | 21,768 | $1.30M | $1.14M | $641 | 0.87 | 40 | 69 |
| 17132 Palisades Circle | Pacific Palisades | 1976 | 07/24/2026 | 2 | 3 | 1,734 | 127,646 | $1.20M | $925,811 | $534 | 0.78 | 469 | 64 |
| Total: 5 · Average | 2.0 | 2.8 | 1,571.2 | 108,647 | $979,162.2 | $979,162.2 | $625.2 | — | 175.4 | ||||
| Median | 1,531 | $1.00M | $1.00M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.