15515 W Sunset Boulevard 504
Pacific Palisades, CA, 90272
$696,000
Original list price: $750,000
MLS: V1-38364
Beds
2
Baths
2
Sq Ft
1,116
Lot
—
Year Built
1975
MLS #
V1-38364
Days on Market
57
Listed
Aug 24, 2026
Description
Incredible opportunity to purchase in the heart of Pacific Palisades at 2016 prices. Just a two minute walk from Palisades Village (reopened 8/15/26) and within walking distance of award-winning schools, this is a rare chance to own in one of the most desirable locations on the Westside with substantial instant equity. The home is also just a short drive to the beaches, Malibu and Santa Monica, as well as the Riviera Country Club and Temescal Canyon hiking trails, offering easy access to shopping, dining and outdoor activities.Unit 504 is located on the top floor with no neighbor above and does not share a wall with any adjoining unit. That's right; this unique condo is free on all four sides, offering exceptional privacy and a peaceful feel that is hard to find.The brick building survived the Palisades fire, and this unit is ready for a new owner who understands the opportunity and the reality of the area. There will be construction and rebuilding activity in the neighborhood for some time, but for the right buyer, that temporary inconvenience could be the trade off for getting into this location at prices well below where they were before the fire.Inside, the home offers a spacious open floor plan with high ceilings in the living and dining areas. The living room features a cozy fireplace and access to a private balcony. The primary suite features a high ceiling, private balcony, walk-in closet and full bathroom. The second bedroom features glass doors and is ideally suited as a home office or den. A convenient powder room and laundry closet add to the functionality.The unit was remodeled in the early 2000s and remains comfortable and livable, while offering plenty of room to make it your own. With the potential for instant equity, there is an opportunity to update the home over time and bring it into 2026 without paying a premium for someone else's remodel.Enjoy incredible views while they last. The building directly in front is expected to be rebuilt, meaning these views are temporary and could change once construction is complete.If you've been waiting for an opportunity to buy in the Palisades without paying peak-market pricing, this could be it. Prime location, top-floor living, no shared walls, high ceilings, private balconies, an excellent floor plan, award-winning schools and significant upside make Unit 504 a rare opportunity for the buyer willing to look beyond the temporary construction and see the long-term potential.
Location
Pacific Palisades, Los Angeles County, CA 90272
Open on Google Maps ↗Listed by: Ali Abree · RE/MAX Gold Coast REALTORS
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$6,081
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $69,600 · Loan: $626,400
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,337
- Property tax (1.25%)
- $725
- Homeowners insurance
- $300
- Mortgage insurance
- $261
- HOA dues
- $458
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $24,360 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.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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