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Under ContractCondominium

501 Palisades Drive 106

Pacific Palisades, CA, 90272

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$296,000

MLS: 26688397

Beds

1

Baths

1

Sq Ft

593

Lot

6.65 ac

Year Built

1987

MLS #

26688397

Days on Market

60

Listed

Apr 9, 2026

Description

Newly renovated kitchen, bathroom, 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

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Listed by: Thomas Smith · Elhardt Realty, Inc.

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$2,991

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $29,600 · Loan: $266,400

%

Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$1,717
Property tax (1.25%)
$308
Homeowners insurance
$300
Mortgage insurance
$111
HOA dues
$554
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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 Aug 6, 2026

30-year fixed
6.69%
15-year fixed
6.01%

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 $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.

Similar Homes Nearby

Active and pending listings in ZIP 90272 (Pacific Palisades)within ±10% of this home's price and size.

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.

#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.