Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

501 Palisades Drive 308

Pacific Palisades, CA, 90272

1 / 37View all 37 photos

$448,881

MLS: 24464833

Beds

1

Baths

1

Sq Ft

593

Lot

6.65 ac

Year Built

1987

MLS #

24464833

Days on Market

417

Listed

Dec 5, 2024

Description

Casa Gateway - AFFORDABLE CONDOS FOR SENIORS. Amazing 3rd floor front facing courtyard condo. One-bedroom, walk-in closet, one bath condo, new carpet and recently painted. Tree top and courtyard garden views from kitchen and Living room balcony. Community laundry. Beautiful common area, restricted access to residences. Two cars tandem assigned parking. Located across from the Self-Realization Lake Shrine and Palisades Highlands shopping center with restaurants, Starbucks and more. Close to Palisades Village and the beach.

Location

Pacific Palisades, Los Angeles County, CA 90272

Open on Google Maps ↗

Listed by: Blanca Chavoya · Coldwell Banker Realty

Payment estimate

$3,418

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $44,888 · Loan: $403,993

%
Principal & Interest
$2,482
Property tax (1.25%)
$468
Homeowners insurance
$300
Mortgage insurance
$168
Open the full calculator →

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 $15,711 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.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access