16601 Marquez Avenue 302
Pacific Palisades, CA, 90272
$629,000
MLS: 26708837
Beds
2
Baths
2
Sq Ft
1,175
Lot
0.52 ac
Year Built
1965
MLS #
26708837
Days on Market
8
Listed
Apr 13, 2026
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.
Location
Pacific Palisades, Los Angeles County, CA 90272
Open on Google Maps ↗Listed by: Keri White · Element RE, Inc
Payment estimate
$4,669
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $62,900 · Loan: $566,100
- Principal & Interest
- $3,478
- Property tax (1.25%)
- $655
- Homeowners insurance
- $300
- Mortgage insurance
- $236
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 Pacific Palisades home with as little as 3.5% down using an FHA loan — roughly $22,015 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
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