15960 Alcima Avenue
Pacific Palisades, CA, 90272
$8,499,000
MLS: 26651111
Beds
6
Baths
6
Sq Ft
5,508
Lot
0.38 ac
Year Built
2004
MLS #
26651111
Days on Market
36
Listed
Feb 12, 2026
Description
Situated on Alcima Avenue in Pacific Palisades, this tucked-back property exemplifies modernist design. Known as the "Abidi House," the residence exudes privacy. Originally designed by acclaimed architect James Tyler (FAIA), former principal architect for Craig Ellwood, the home has been thoughtfully updated for contemporary living. Embracing its natural surroundings, the property features floor-to-ceiling windows in true mid-century tradition. The entry level opens with an expansive foyer framed by windows, leading to a great room that seamlessly combines living and dining areas, all oriented toward views of the backyard and pool. A covered outdoor dining terrace extends the living space, while two ensuite bedrooms and a gourmet eat-in kitchen complete this floor. The lower level offers the home's private quarters, including a serene primary suite, two additional bedrooms with a shared bath, and a flexible media room or indoor gym. Each generously sized room is thoughtfully designed to capture verdant outlooks and maintain a strong connection to the lush backyard. Outside, the centerpiece is a sparkling pool with a built-in spa, contributing to the property's calm, retreat-like atmosphere. Owners have completed all necessary remediation work resulting from the fires and will provide documentation to confirm.
Location
Pacific Palisades, Los Angeles County, CA 90272
Open on Google Maps ↗Listed by: Molly Kelley · Compass
Payment estimate
$59,338
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $849,900 · Loan: $7,649,100
- Principal & Interest
- $46,997
- Property tax (1.25%)
- $8,853
- Homeowners insurance
- $300
- Mortgage insurance
- $3,187
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 $297,465 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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