501 501 Palisades drive
Pacific Palisades, CA, 90272
$364,000
MLS: SR25235767
Beds
1
Baths
1
Sq Ft
593
Lot
6.65 ac
Year Built
1987
MLS #
SR25235767
Days on Market
159
Listed
Oct 8, 2025
Description
Casa Gateway HOA. Low Income senior complex, third floor unit court yard and mountain view. One bed, one bath, with walk in closet. Community Laundry, beautiful common area restricted to residences. Two tandem parking. This property is subject to LA Housing Department jurisdiction, maximum allowable income 124,816.83, Senior community 62 years or older. Unit is original, used not abused-good condition. May consider seller financing.
Location
Pacific Palisades, Los Angeles County, CA 90272
Open on Google Maps ↗Listed by: David Nunn · Keller Williams Encino/Sherman Oaks
Payment estimate
$2,828
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $36,400 · Loan: $327,600
- Principal & Interest
- $2,013
- Property tax (1.25%)
- $379
- Homeowners insurance
- $300
- Mortgage insurance
- $137
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 $12,740 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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