501 Palisades Drive #205Pacific Palisades (los Angeles), CA 90272

Condo/Townhouse · 1 Bed · 1 Full Bath · 593 Sq. ft. | 6.65 Acres
$340,000 Active

501 Palisades Drive #205 Overview

Time on Site:
165 days
Visits:
0

Casa Gateway presents a rare opportunity to own in a Mediterranean-style senior community ideally located at the corner of Sunset Boulevard and Palisades Drive, directly across from the serene Self-Realization Fellowship Lake Shrine. Surrounded by greenery and moments from Palisades Highlands shopping, Palisades Village, the beach, and Pacific Coast Highway, the setting offers both convenience and tranquility. This 1-bedroom, 1-bath residence features a bright, open layout with soft natural light, fresh finishes, and a functional floor plan. The living and dining areas flow seamlessly, complemented by a pass-through kitchen with ample storage and included appliances. The bedroom is generously sized and includes a large walk-in closet, while the bathroom is clean and well maintained. Additional highlights include two assigned parking spaces, community laundry, and secured access throughout the complex. The beautifully maintained grounds and controlled entry provide a peaceful and welcoming environment. Casa Gateway is an age-restricted affordable housing community regulated by the Los Angeles Housing Department (LAHD). Buyer must be 62 years of age or older and meet LAHD eligibility requirements. Sale is subject to LAHD approval. ** Photos are virtually staged. Seller will replace carpet with an accepted offer. **

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501 Palisades Drive #205 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 593
  • Price/Sq.ft. $573
  • Lot 6.65 Acres

Details

General

Association/HOA

  • Association Amenities: Other,Pet Restrictions
  • Association Fee: 560
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Insurance,Trash,Earthquake Insurance

Building Information

  • Year Built: 1987

Location/Region

  • Country: US
  • County Or Parish: Los Angeles

Community/Development

  • Number Of Units In Community: 100

General Information

  • Parcel Number: 4416006043
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Zoning: LARD1.5

Interior

Parking Information

  • Garage Spaces: 1
  • Garage: false

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Partial: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 1

Building Interior

  • Building Area Total: 593
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher
  • Fireplace Features: None
  • Fireplace: false
  • Flooring: Laminate,Vinyl,Carpet
  • Interior Features: Breakfast Bar
  • Laundry Features: Common Area
  • Levels: One Story
  • Living Area: 593
  • Living Area Units: Square Feet
  • Security Features: Secured Access
  • Stories: 1

Unit Information

  • Unit Number: 205

Exterior

Parking Information

  • Parking Features: Other
  • Parking Total: 2

Lot Information

  • Lot Size Acres: 6.6546
  • Lot Size Area: 6.6546
  • Lot Size Square Feet: 289873
  • Lot Size Units: Acres

Waterfront/View

    Building Exterior/Construction

    • Attached Garage: false

    General Information

    • Carport: false
    • Covered Spaces: 1
    • Pool Features: None
    • Pool Private: false

    501 Palisades Drive #205 Neighborhood

    Community

    90272 (PACIFIC PALISADES) Demographics

    47
    Median Age
    934
    Population Density (per sq. mile)
    85%
    College Educated
    $199,598
    Estimated Median Income
    6,873
    Estimated Total Home Owners
    1,644
    Estimated Total Renters
    81% / 19%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    501 Palisades Drive #205 Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    501 Palisades Drive #205 Market Data

    Based on the last 30 days in this zip code

    $6,773,757
    Average List Price
    $1,690
    Average Price per Square Foot
    18
    Properties Sold
    123
    Average Days on Market
    455
    Properties for Sale
    Calculations provided by Reliance Network

    501 Palisades Drive #205 History

    Date Event Value Agent
    6/10/2026Source: CRMLS Status Change
    Pending
    6/10/2026Source: bridgeMLS Status Change
    Pending
    5/27/2026Source: bridgeMLS Price Reduction
    $340,000 -5.6%
    5/27/2026Source: bridgeMLS Price Reduction
    $1,850 -17.6%
    5/27/2026Source: CRMLS Price Reduction
    $1,850 -17.6%
    5/27/2026Source: CRMLS Price Reduction
    $340,000 -5.6%
    4/7/2026Source: bridgeMLS Added to Database
    April 07, 2026
    4/7/2026Source: CRMLS Added to Database
    April 07, 2026
    2/20/2026Source: CRMLS Price Reduction
    $360,000 -4.1%
    2/20/2026Source: bridgeMLS Price Reduction
    $360,000 -4.1%
    1/15/2026Source: bridgeMLS Added to Database
    January 15, 2026
    1/15/2026Source: CRMLS Added to Database
    January 15, 2026
    Listing provided courtesy of Pardee Properties- MLS# CL26634207MLS Provider