




16601 Marquez Avenue 101, Los Angeles, CA 90272
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.
Bedrooms
1
Bathrooms
1
Square Feet
928
Year Built
1965
Property Type
Condominium
Days on Market
3
HOA Fee
$668.23/mo
Garage Total
1
MLS #
V1-33926
Heating
Space Heater
Total Parking Spaces
1
Garage Spaces
1
Security
Gated Community
Lot Features
Sprinklers None
Pool Features
Community, Association
Sewer
Other
Water Source
Public
Pool, Security
Fishing, Sidewalks, Urban, Water Sports, Gated, Pool
$0
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Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features
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