501 Palisades Drive 105
Pacific Palisades, CA, 90272
$296,000
MLS: 26673457
Beds
1
Baths
1
Sq Ft
593
Lot
6.65 ac
Year Built
1987
MLS #
26673457
Days on Market
8
Listed
Apr 9, 2026
Description
Newly installed flooring and a rare opportunity to own in the heart of the Pacific Palisades at a price point seldom seen in the area! This 1-bedroom, 1-bathroom condo offers 593 sq. ft. of living space and is ideally situated on the first floor for easy access, just moments from the beach and the shops and dining of the Palisades Village. The unit features a fresh, modern living space ready to enjoy, including an open kitchen to the living room, walk-in closet, and a cozy covered patio with a built-in storage closet, perfect for soaking in the ocean breeze. The community offers a shared laundry room, inviting lobby area, and beautifully maintained grounds that add to the overall charm and convenience. Parking includes both a covered carport space and semi-private shared garage, an uncommon bonus in this area. Bonus opportunity: A second unit is available directly across the hall, ideal for those looking to secure multiple units or for friends and family who wish to live close together. Both units also share the same two-car garage.
Location
Pacific Palisades, Los Angeles County, CA 90272
Open on Google Maps ↗Listed by: Thomas Smith · Brian Elhardt
Payment estimate
$2,356
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $29,600 · Loan: $266,400
- Principal & Interest
- $1,637
- Property tax (1.25%)
- $308
- Homeowners insurance
- $300
- Mortgage insurance
- $111
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 $10,360 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
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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