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620 N Marquette St

Pacific Palisades, CA 90272
Sale Price $9,975,000
Property Type Single-Family
Beds 4
Baths 5

Property Description

Encompassing 1.48 acres, this expansive, gated Pacific Palisades development opportunity boasts exquisite views of Las Pulgas Canyon and the Pacific Ocean and presents limitless possibilities- remodel current structures, build multiple homes that span the eight parcels or create one extraordinary private compound. This magical location is the perfect place to reside with an abundance of space for recreation and relaxation. The natural setting, which includes an award-winning private label vineyard, feels like a city escape hundreds of miles away but conveniently located close to the Palisades village with amazing shopping and restaurants. Current plans include a gated estate designed by Tim Barber Architects. The compound features an 11,317-square-foot, 7-bed, 7-bath main house, a 1,136-square-foot pool house, and a 1,005-square-foot guest house. Mature trees and foliage stud the property and provide plenty of shaded privacy for outdoor dining, spacious grassy lawn, pool, jacuzzi and so much more. The buyer is purchasing both 620 N Marquette Street and 560 N Marquette Street together- a total of 8 parcels and approximately 64,396.7 SF. Currently, there are two homes and several small structures on the property. Renderings and plans are available for review by a qualified buyer. Current owners have made substantial progress on the permitting and approval process.

620 N Marquette consists of Lot 1- APN , 5,555SF; Lot 2-APN , 6,337SF; Lot 3 APN , 7,996.7SF; Lot 4 APN , 8,780.6SF.
560 N Marquette St consists of Lot 5 APN , 9,063SF; Lot 6 APN , 8,805.5SF; Lot 7 APN , 8314.1SF; Lot 8 APN , 9,518.4SF.

Property Specifics

Property Type: Single-Family
Estimated Sq. Foot: N/A
Lot Size: 1.48 ac.
Price per Sq. Foot: N/A
Building Stories: N/A
MLS ID: 23-248319
Source Status: Active

Amenities

Parking In Ground

Views & Exposures

CanyonOcean

Location & Transportation

Other Property Information

Summary

General Information
  • Year Built: 1952
  • Year Built Source: Vendor Enhanced
  • Architectural Style: Other
Parking
  • Total Parking Spaces: 1
  • Parking Features: Other

Interior and Exterior Features

Interior Features
  • Total Bedrooms: 4
  • Full Bathrooms: 5
  • Flooring: Other
  • Laundry Features: None
  • Other Equipment: None
  • Furnished: Unfurnished
Exterior Features
  • View: Canyon, Ocean
Pool/Spa
  • Pool Features: In Ground
  • Spa: In Ground

Property Information

Lot Information
  • Zoning: LAR1
  • Lot Size: 64,396 (source: Survey)
Utilities
  • Cooling: None

Estimated Monthly Payments

Monthly Total $47,844
Monthly Taxes N/A
Interest 6.00%
Down Payment 20.00%

Mortgage Calculator

Monthly Mortgage Cost $47,844 Monthly Charges $0 Total Monthly Payment $47,844
Calculation based on:
Price: $9,975,000
Charges: $0 * Additional charges may apply

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Listing information provided by the Combined LA/Westside Multiple Listing Service, Inc.. All information is deemed reliable but not guaranteed. Copyright 2023 Combined LA/Westside Multiple Listing Service, Inc., Los Angeles, California. All rights reserved.
Last checked: Sep 24, 2023, 2:47 AM UTC
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