ActiveCondominium

16040 W Sunset Boulevard 308

Pacific Palisades, CA, 90272

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$1,195,000

MLS: 26832849

Beds

2

Baths

3

Sq Ft

1,435

Lot

0.38 ac

Year Built

1988

MLS #

26832849

Days on Market

0

Listed

May 13, 2026

Description

Perched above the coastline, this extraordinary two-story penthouse condominium offers the pinnacle of upscale Pacific Palisades living, just moments from the Pacific Ocean and the sand and surf below. Thoughtfully reimagined with sophisticated designer upgrades throughout, this expansive two-bedroom, three-bathroom residence showcases an open-concept layout filled with natural light, soaring ceilings, and seamless indoor-outdoor flow. Elegant living and dining spaces create an atmosphere of effortless luxury, ideal for both intimate gatherings and elevated entertaining. The gourmet chef's kitchen has been beautifully updated with premium finishes, sleek stone countertops, custom cabinetry, and top-of-the-line stainless steel appliances. Luxurious bedroom suites provide serene private retreats, while oversized windows and a private balcony frame breathtaking ocean vistas and the soothing sound of the waves. Residents enjoy the privacy and peace of mind of a secure building with controlled access and video entry, along with secure parking and convenient beach access. Ideally located near the renowned Caruso Palisades Village, this exceptional penthouse offers premier shopping, acclaimed dining, charming cafes, and a vibrant coastal lifestyle just moments from home. The residence is also situated within the highly sought-after Palisades Charter High School district, further enhancing its appeal. Blending timeless elegance with modern refinement, this meticulously updated two-story penthouse embodies the very best of Southern California coastal luxury living.

Location

Pacific Palisades, Los Angeles County, CA 90272

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Listed by: Colleen Dolan Vinetz · Berkshire Hathaway HomeServices California Properties

Payment estimate

$8,692

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $119,500 · Loan: $1,075,500

%
Principal & Interest
$6,699
Property tax (1.25%)
$1,245
Homeowners insurance
$300
Mortgage insurance
$448
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Today's Rates

As of May 14, 2026

30-year fixed
6.36%
15-year fixed
5.71%

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 $41,825 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.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.