501 Palisades Dr #219, Pacific Palisades, CA 90272
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501 Palisades Dr #219 Pacific Palisades, CA 90272

$470,994
  • 1 Beds
  • 1 Baths
  • 593 Sq.Ft.
For Sale
$470,994 Get Pre-Qualified

Map preview of 501 Palisades Dr #219, Pacific Palisades, CA 90272

Property Overview: 501 Palisades Dr #219 Pacific Palisades, CA has 1 bedrooms, 1 bathrooms, 593 living square feet and 289,873 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: THIS IS A SENIOR AFFORDABLE HOUSING CONDO. BUYER MUST SHOW ELIGIBILITY. RESTRICTIONS & MINIMUM REQUIREMENTS APPLY. Live in an amazing Mediterranean Senior Building with a beautiful garden courtyard. This is a 2nd floor condo facing the trees on Sunset Blvd. Floor to ceiling sliding glass doors open to the balcony from the living room. This 1 bedroom and 1 bath condo has new paint, new carpeting, and a new Walk-In Shower. There are designated tandem parking spaces, an elevator, and community laundry on every floor. BUILDING COVENANT RESTRICTIONS: 1. AGE 62+ | 2. PRICE $470,994.52 | 3. MAX GROSS INCOME= $114,132.39 FOR 2022, 2023 and 2024 | 4. ALL DATA MUST BE DOCUMENTED| 5. THE LAHD CONFIRMS ELIGIBILITY OF BUYER PRIOR TO FINAL PURCHASE | 6. FINANCING ONLY WITH BUYER'S OWN FUNDS | THE FAMILY CAN CONTRIBUTE UP TO 20% OF THE SALES PRICE | 7. CONVENTIONAL/FHA FINANCING DOESN'T APPLY | 8. LOAN WITH APPROVED LENDER | 9. PLEASE DOWNLOAD PRE-QUAL QUESTIONNAIRE FROM MLS DOCS OR REQUEST BY EMAIL FROM LA2 | 10. SEND ALL DOCS TO LA2 FOR SELLER REVIEW OF BUYER ELIGIBILITY | 11. NO SCREENSHOTS, NO TEXT, NO CALLS, ONLY EMAIL TO LA 2 | 12. EMAIL ALL QUESTIONS TO LA 2.

Listed by Jean-Pierre Provo | BRE #01316847 | Rodeo Realty - Pacific Palisades
Co-listed by Sanda Alcalay | BRE #01007785 | Rodeo Realty - Pacific Palisades
Last checked: 14 minutes ago | Last updated: May 13th, 2024 | Source CRMLS | DOM: 12
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Home details

Lot Sq. Ft
289,873
HOA Dues
$420/mo
Year built
1987
Garage
--
Property Type:
Condominium
Status
Active
MLS#
24388255
City
Pacific Palisades
County
Los Angeles
Time on Site
13 days

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Property Details for 501 Palisades Dr #219

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet
  • Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Ceiling Fan(s)
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Has View
  • View: Pond
  • Total # of Units: 69
  • Parcel Number: 4416006057
  • Architectural Style: Mediterranean
  • Entry Level: 2
  • Is a Senior Community
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $420 (Monthly)
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Sunset Blvd to Palisades Drive or PCH to Sunset Blvd to Palisades Drive.
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Local Pacific Palisades Agent

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Sale History for 501 Palisades Dr #219

Last sold on December 3rd, 2001
  • May, 2024

  • May 5, 2024

    Date

    Active

    CRMLS: 24388255

    $470,994

    Price

  • December, 2001

  • Dec 3, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2001

  • Mar 30, 2001

    Date

    Sold (Public Records)

    Public Records

    $134,000

    Price

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Tax History for 501 Palisades Dr #219

Assessed Value (2020): $195,847
Year Land Value Improved Value Assessed Value
2020 $121,562 $74,285 $195,847

Home Value Compared to the Market

This property vs the competition

501 Palisades Dr #219 is listed 88.23% lower than the median list price for the city of Pacific Palisades which has a median list price of $3,999,999. The median price per/sqft for Pacific Palisades is $1,316 and this home is listed at $794.26 per/sqft which puts the price per square foot 39.65% lower than the median price per square foot for the city of Pacific Palisades.

About 501 Palisades Dr #219

Detailed summary of property

501 Palisades Dr #219 is a condominium located in Pacific Palisades, CA 90272 and is currently for sale. This condo offers 1 bedrooms, 1 bathrooms, roughly 593 living square feet, and sits on an approximately 289,873 square foot lot. 501 Palisades Dr #219 was first listed on ArdentRealEstateGroup.com on May 5, 2024. The homeowner is currently asking $470,994. The median priced home in Pacific Palisades is $3,999,999 with a median price per square foot of $1,316. Based on Ardent Real Estate Group's Pacific Palisades Market Data, this home is listed 88.23% lower than the median priced home. Local competing homes currently for sale include 1115 S Elm Dr #209, 321 S San Vicente Blvd #101 and 3645 Kalsman Dr #4. This home does have a Homeowners Association and the monthly fee is $420 per month. While the average home in Pacific Palisades, CA is selling in 111 days, 501 Palisades Dr #219 has a days on market of 12 days. There are currently 138 homes for sale in the Pacific Palisades real estate market and 107 of them are single family homes while 18 of them are condos and 13 are townhomes. For more information on this home for sale at 501 Palisades Dr #219 Pacific Palisades, CA 90272 contact Ardent Real Estate Group and we will put you in touch with one of our Pacific Palisades agents.

Public Facts for 501 Palisades Dr #219

Public county record property details
Beds
1
Baths
1
Year built
1987
Sq. Ft.
593
Lot Size
289,804
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
4416-006-057

The source for these homes facts are from public records.

90272 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,849,000
Median List Price/Sq.Ft.
$1,323
Median Sold Price
$3,300,000
Median Sold Price/Sq.Ft.
$1,032
Total Inventory
140
Median Sale to List Price %
97.2%
Avg Days on Market
26
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (8.33%), Other (0%)

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Related Resources to 501 Palisades Dr #219

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.