NOT LISTED FOR SALE

501 Palisades Dr Unit 121 Pacific Palisades, CA 90272

Pacific Palisades Neighborhood

Estimated Value: $257,442 - $425,000

1 Bed
1 Bath
593 Sq Ft
$400/mo HOA Fee

Last Sold June 02, 2023

Last sale price $193,588 $326 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,544/month

4 Days on Market

Highlights

  • 6.65 Acre Lot
  • Mediterranean Architecture
  • Laundry Facilities
  • Wood Flooring
  • 2 Detached Carport Spaces
  • Dining Area

About This Home

As of June 2023

Location Location Location!!! Senior Housing Complex under the control of Housing + Community Investment Department (HCIDLA). Buyer must be 62+ and certified by HCIDLA as to asset and income verification (limitations). First Floor 1 Bedroom 1 Bath unit in a beautiful building with 2 parking spaces. The maximum purchase price on the property is $193,588.25, and the maximum household income is $56,304.82. Please see the document section on The MLS for more information on requirements and application from HCIDLA. DO NOT GO DIRECT, AND DO NOT DISTURB THE TENANT.

Last Listed By

Trey Alligood

Douglas Elliman License #02099406 Listed on: 04/03/2023

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 1987

Lot Details

  • 7

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 593 Sq Ft Home
  • Dining Area
  • Wood Flooring

Kitchen

  • Oven or Range
  • Freezer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces
  • Assigned Parking

Utilities

  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 4416-006-035

Community Details

Overview

  • 100 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,538

Year Built

Built in 1987

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mediterranean
  • Street Number Display: Yes
  • Advertising Remarks: Location Location Location!!! Senior Housing Complex under the control of Housing + Community Investment Department (HCIDLA). Buyer must be 62+ and certified by HCIDLA as to asset and income verification (limitations). First Floor 1 Bedroom 1 Bath unit in a beautiful building with 2 parking spaces. The maximum purchase price on the property is $193,588.25, and the maximum household income is $56,304.82. Please see the document section on The MLS for more information on requirements and application from HCIDLA. DO NOT GO DIRECT, AND DO NOT DISTURB THE TENANT.
  • Complex Name: Casa Gateway
  • Entry Floor: 1
  • Living Area: 593
  • Lot Acreage: 6.6526
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 1987
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Wood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator, Freezer
  • Price Per S Q F T: 326.46

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Carport Spaces: 2
  • Parking Garage: Carport, Carport Detached, Assigned
  • Total Parking: 2

Utilities

  • Heating: Heat Pump

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 399.88
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4416-006-035
  • Lot Size Area: 289789

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Apr 11, 2023
Sold by
Abrevaya Sol
Bought by
Macnamara Allan
Seller's Agent
Trey Alligood
Douglas Elliman
Buyer's Agent
Trey Alligood
Douglas Elliman
List Price
$182,630
Sold Price
$193,588
Premium/Discount to List
$10,958
6%
Total Days on Market
4
Views
69
Current Estimated Value
$346,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,559
Avg. Annual Appreciation
35.33%
Original Mortgage
$154,871
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2017
Closed on
Oct 18, 2017
Sold by
Chow Leta G
Bought by
Abrevaya Sol
Seller's Agent
Horizon Hom
HORIZON REAL ESTATE SERVICES
Buyer's Agent
Nick Solomon
Douglas Elliman
List Price
$133,100
Sold Price
$133,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%

Purchase Details

Closed on
Feb 10, 2017
Sold by
Dorothy M Chow Trust
Bought by
Chow Leta G

Purchase Details

Closed on
Feb 20, 2004
Sold by
Chow Dorothy M
Bought by
Chow Dorothy M

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Macnamara Allan $194,000 Old Republic Title Company
Abrevaya Sol $141,500 Equity Title Company
Chow Dorothy M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macnamara Allan $154,871
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $193,588 +6.0% $326 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $182,630 0.0% $308 / Sq Ft
01/16/2020 01/16/20 Rented $1,226 0.0% --
01/16/2020 01/16/20 Under Contract -- -- --
01/16/2020 01/16/20 For Rent $1,226 0.0% --
10/26/2017 10/26/17 Sold $133,100 0.0% $224 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $133,100 -- $224 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,538 $197,880 $55,080 $142,800
2023 $2,018 $154,294 $77,147 $77,147
2022 $1,931 $151,270 $75,635 $75,635
2021 $1,903 $148,304 $74,152 $74,152
2019 $1,849 $143,906 $71,953 $71,953
2018 $1,828 $141,086 $70,543 $70,543
2016 $1,012 $80,818 $1,569 $79,249
2015 $997 $79,605 $1,546 $78,059
2014 $1,009 $78,046 $1,516 $76,530
Source: Public Records

Agents Affiliated with this Home

  • Trey Alligood

    Seller's Agent in 2023

    Trey Alligood

    Douglas Elliman

    (310) 876-9699

    3 in this area

    62 Total Sales

    Trey Alligood
    Section Image
  • Suzanne Jones

    Seller Co-Listing Agent in 2023

    Suzanne Jones

    KW Advisors

    (310) 351-2838

    Section Image
  • Nick Solomon

    Seller's Agent in 2020

    Nick Solomon

    Douglas Elliman

    (323) 559-3711

    3 Total Sales

    Nick Solomon
    Section Image

  • H

    Seller's Agent in 2017

    Horizon Hom

    HORIZON REAL ESTATE SERVICES

    (310) 574-1348

    5 Total Sales

    Horizon Hom
    Section Image
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Map

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Source: The MLS

MLS Number: 23-255872

The MLS

APN: 4416-006-035

California Los Angeles County Pacific Palisades 90272 Pacific Palisades

501 Palisades Dr Unit 121, Pacific Palisades, CA

Homes for Sale in Pacific Palisades, CA

This home is located at 501 Palisades Dr Unit 121, Pacific Palisades, CA 90272 since 03 April 2023 and is currently estimated at $346,147, approximately $583 per square foot. This property was built in 1987. 501 Palisades Dr Unit 121 is a home located in Los Angeles County with nearby schools including Marquez Charter School, Palisades Charter High, and Westside Waldorf School.

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