16601 Marquez Avenue 101
Los Angeles, CA, 90272
$699,999
MLS: V1-33926
Beds
1
Baths
1
Sq Ft
928
Lot
—
Year Built
1965
MLS #
V1-33926
Days on Market
3
Listed
Jan 5, 2026
Description
As-Is Condo Opportunity - Remediation Required - Recently Renovated InteriorCondo offered as-is following impact from the Palisades fire. The interior of the unit was NOT damaged and was recently renovated prior to the fire (photos are post fire). The unit requires environmental remediation and is not currently habitable, but does not require a full interior rebuild.The HOA is covering the majority of the remediation work for the community. The front building is scheduled for remediation, while the rear building sustained significant damage. Buyer to independently verify the scope of HOA-covered work, remediation timelines, permits, insurance matters, assessments, and any requirements necessary prior to occupancy.This property presents a unique opportunity to acquire a recently renovated unit at a substantial discount in a highly desirable area, well-suited for buyers experienced with HOA-managed restoration and remediation processes.Sold strictly as-is. No repairs, credits, or warranties will be provided.Buyer to perform all due diligence.Showings by appointment only.Cash offers preferred. No contingencies.
Location
Los Angeles, Los Angeles County, CA 90272
Open on Google Maps ↗Listed by: Ryan Rosenmund · eXp Realty of California Inc
Payment estimate
$5,162
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $70,000 · Loan: $629,999
- Principal & Interest
- $3,871
- Property tax (1.25%)
- $729
- Homeowners insurance
- $300
- Mortgage insurance
- $262
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $24,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Pacific Palisades, CA 90272 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.