Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

501 Ocampo Drive

Pacific Palisades, CA, 90272

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$5,995,000

MLS: 26654847

Beds

3

Baths

3

Sq Ft

2,221

Lot

0.20 ac

Year Built

1951

MLS #

26654847

Days on Market

41

Listed

Feb 23, 2026

Description

Nestled in the highly sought-after Huntington Palisades neighborhood, this beautifully updated single-story residence has been fully remediated and is move-in ready for its next family. The inviting living room, complete with a fireplace and French windows, seamlessly connects to the formal dining room. The kitchen features premium appliances and a charming breakfast area. A cozy den with its own fireplace and French doors opens to the backyard, creating an ideal indoor-outdoor flow. The spacious primary suite offers a generous walk-in closet along with an additional closet for ample storage. Two additional bedrooms share a well-appointed bath, and a powder room adds convenience for guests. Elegant finishes throughout include hardwood floors and thoughtful design details. The private, fully fenced grounds have been professionally landscaped and showcase a bluestone patio and walkway, a pergola with seating, and a sparkling pool with spa perfect for relaxing or entertaining. A detached two-car garage is complemented by a wide driveway accommodating two to three additional vehicles. Just moments from the beach and Palisades Village's renowned shops and restaurants, this exceptional property is a rare opportunity.

Location

Pacific Palisades, Los Angeles County, CA 90272

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Listed by: Laura Brau · Compass

Payment estimate

$41,944

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $599,500 · Loan: $5,395,500

%
Principal & Interest
$33,151
Property tax (1.25%)
$6,245
Homeowners insurance
$300
Mortgage insurance
$2,248
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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 $209,825 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.

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.

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