Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

1300 Capri Drive

Pacific Palisades, CA, 90272

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$4,500,000

MLS: 23329459

Beds

3

Baths

3

Sq Ft

2,646

Lot

0.36 ac

Year Built

1954

MLS #

23329459

Days on Market

278

Listed

Nov 9, 2023

Description

Lovingly cared for Traditional home located in arguably one of the best neighborhoods in Los Angeles - the Riviera Palisades. This beautifully maintained single-level home has updated appliances, newer hardwood floors and is an excellent investment for many buyers. You could move into this home as-is, do light remodel, add square footage, or tear down and rebuild within a neighborhood that regularly sees sales between $10M and $30M. The property and home are perched above the street on a sprawling 15,800sqft lot that would offer ocean views from a future second level or roof top deck. Huge flat grassy pad is incredible as-is, or could be improved with sport court, pool/spa or garden. Minutes from Palisades Village, Brentwood Country Mart and the ocean, this property is an incredible opportunity that should not be missed.

Location

Pacific Palisades, Los Angeles County, CA 90272

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Listed by: Wheeler Coberly · Compass

Payment estimate

$31,559

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $450,000 · Loan: $4,050,000

%
Principal & Interest
$24,884
Property tax (1.25%)
$4,688
Homeowners insurance
$300
Mortgage insurance
$1,688
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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 $157,500 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

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