16761 Marquez Terrace Pacific Palisades, CA 90272
Estimated payment $10,029/month
About This Lot
Check the comps! Best price per sf on this highly coveted cul-de-sac walking distance to the beach and mere steps to one of LA's most highly rated elementary schools; Marquez Charter School. Sited above the street, the previous home offered ocean and mountain views from both the 1st AND 2nd floors where one could enjoy 4th of July fireworks along the coast. Be a part of the Pacific Palisades rebuild with this fantastic opportunity to create a dreamy new residence in the beloved Marquez Knolls. The backyard grapevine survived and the apple tree is blooming. Phase 1 and Phase 2 are complete and we are ready to go!
Listing Agent
Sotheby's International Realty License #01269732 Listed on: 04/17/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $12,452
Lot Details
- 7,830 Sq Ft Lot
- Lot Dimensions are 62x124
- Property is zoned LAR1
Property Views
- Ocean
- Mountain
Listing and Financial Details
- Assessor Parcel Number 4419-014-029
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,452 | $363,259 | $363,259 | -- |
| 2024 | $12,452 | $1,011,017 | $547,902 | $463,115 |
| 2023 | $12,215 | $991,194 | $537,159 | $454,035 |
| 2022 | $11,653 | $971,760 | $526,627 | $445,133 |
| 2021 | $11,500 | $952,706 | $516,301 | $436,405 |
| 2019 | $11,156 | $924,450 | $500,988 | $423,462 |
| 2018 | $11,043 | $906,324 | $491,165 | $415,159 |
| 2016 | $10,546 | $871,133 | $472,094 | $399,039 |
| 2015 | $10,392 | $858,049 | $465,003 | $393,046 |
| 2014 | $10,428 | $841,242 | $455,895 | $385,347 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2025 06/18/25 | Price Changed | $1,650,000 | -7.8% | -- |
| 05/30/2025 05/30/25 | Price Changed | $1,790,000 | -5.5% | -- |
| 04/17/2025 04/17/25 | For Sale | $1,895,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Lawyers Title Vn | |
| Grant Deed | $575,000 | Equity Title Company | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $361,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $250,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $650,000 | Unknown | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $460,000 | No Value Available |
Source: The MLS
MLS Number: 25525755
APN: 4419-014-029
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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