21 days on rocket

501 Palisades Dr Unit 308, Pacific Palisades, CA, 90272

$373,623

Home List Price

$4,437*

Closing Credit

1 Bedroom
1 Full Bath
593 SqFt
$630/SqFt
Condo
Schools Nearby

Location

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501 Palisades Dr Unit 308, Los Angeles$373,623

Buyer Closing Credits

$4,437*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Year Built1987
HeatingElectric
CoolingNone
FireplaceNone
ViewOther
MLS #24378623
Lot Size6.65 Acres
StatusActive

About 501 Palisades Dr Unit 308

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 3rd floor condo facing the courtyard. Floor to ceiling sliding glass doors open to the balcony from the living room. This 1 bedroom and 1 bath condo is in original condition. There are designated tandem parking spaces, an elevator, and community laundry on every floor. BUILDING COVENANT RESTRICTIONS: 1. AGE 62+ | 2. PRICE $373,623.00 | 3. MAX GROSS INCOME= $94,230.21 FOR LAST 2 YEARS + 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

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 1987
  • Stories: 3
  • Living Area: 593 SqFt

Listing Office:

  • Office Name: Rodeo Realty - Pacific Palisades
  • Office Phone: (310) 566-4400
  • Listing Agent: Jean-Pierre Provo

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Flooring Type: Carpet, Laminate
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Other

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 6.65 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: None

School Info

Assigned Schools Information:

  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Paul Revere Middle School, Public Charter Grades 6-8
  • Studio, Public District Grades 6-8
  • Marquez Charter, Public Charter Grades KG-5
  • Academy For Enriched Sciences, Public Magnet Grades 1-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6

Other

Directions Information:

  • Directions: Sunset Blvd to Palisades Drive or PCH to Sunset Blvd to Palisades Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $373,623
  • Price Per SqFt: $630/SqFt

HOA Fees:

  • Amount: $419
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

501 Palisades Dr Unit 308 vs Los Angeles

21 DAYS ON ROCKET

-13 Days

$373,623

-$602.3K Less

$630/SqFt

+$2 More

KEY TAKEAWAY

This property is $602.3K less than the Median Sold Price and $2/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24378623

Listing Office:

  • Office Name: Rodeo Realty - Pacific Palisades
  • Office Phone: (310) 566-4400
  • Listing Agent: Jean-Pierre Provo

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 7:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,351

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,187

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4325499
8
/10

  • Marquez Charter

  • 16821 Marquez Ave

  • 0.29 miles

  • Public Charter Grades KG-5

school-card-donut-4325500
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 10.97 miles

  • Public Magnet Grades 1-5

school-card-donut-4325501
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 12.17 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-4325502
8
/10

  • Paul Revere Middle School

  • 1450 Allenford Ave

  • 3.37 miles

  • Public Charter Grades 6-8

school-card-donut-4325503
4
/10

  • Studio

  • 2211 W Avenue 30

  • 18.56 miles

  • Public District Grades 6-8

High School

school-card-donut-4325504
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 10.54 miles

  • Public Magnet Grades 9-12

school-card-donut-4325505
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 19.51 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $195,283. Typical income of Los Angeles, CA residents is $200k+ annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 Palisades Dr Unit 308

What is the listing price of this property?

The listing price of 501 Palisades Dr Unit 308 property is $373,623.

What type of property is this?

The property 501 Palisades Dr Unit 308 is a condo located in Pacific Palisades, California, 90272.

Is this property for sale now?

Active Listing: 501 Palisades Dr Unit 308 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 501 Palisades Dr Unit 308 are:
Marquez Charter: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Paul Revere Middle School: GreatSchools Rating 8/10
Studio: GreatSchools Rating 4/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 501 Palisades Dr Unit 308 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 501 Palisades Dr Unit 308 is 593 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 Palisades Dr Unit 308 is 1987.

Rocket Homes›California›Los Angeles County›Los Angeles›90272›501 Palisades Dr Unit 308

This home is located at 501 Palisades Dr Unit 308 in Pacific Palisades, CA and zip code 90272 in the Pacific Palisades neighborhood. This 593 square foot home, which was built in 1987, sits on a 6.65 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $373,623.

In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. In March 2024 in Los Angeles, CA there were 10.8% more homes for sale than in February 2024. While the average time on the market in March 2024 was 34 days, the median list price was $975,970.

From Rocket Homes Real Estate and based on county public records data.

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