1 bd, 1 ba Condo at 501 Palisades Dr, Unit 221, Pacific Palisades
1 bd · 1 ba · 593 sqft · Condo
Listed by Dan Nessel · Lic# 01349526 · Berkshire Hathaway HomeServices California Propert · 310-365-0195
501 Palisades Dr #221, Pacific Palisades, CA 90272
Home highlights
1 bd, 1 ba Condo for rent at $2,600/mo in Pacific Palisades, CA 90272. A comfortable & remodeled unit in Casa Gateway for Lease. Tenants must be 62 years or older and have income no more than 150K annually. Set within a charming Mediterranean-style complex (built in 1987), Casa Gateway centers around beautifully landscaped courtyards and a shaded outdoor seating area that ensures both privacy and peace of mind. This beautifully renovated unit features new flooring, cabinetry, appliances, and countertops, with serene Lake Shrine views and peek-a-boo ocean glimpses from the living room & bedroom. The spacious and bright bedroom has a large walk-in closet. The open concept living and dining area flows into a tastefully remodeled kitchen, equipped with an electric range, dishwasher, refrigerator, and convenient breakfast bar. Just steps from Palisades Highlands shopping (cafe's, bakery & restaurants) and A ten-minute stroll to the beach. Future residents will enjoy the walkability and local amenities. Community laundry, tandem 2-car parking, EQ insurance, and basic utilities for heat and hot water are included in the monthly dues. This is an Affordable Housing Complex requiring approval by the Los Angeles Housing Department (LAHD). Eligibility certification for this tenant unit requires that a purchaser be at least 62 years or older.
Copyright The MLS. All rights reserved. Information is deemed reliable but not guaranteed.
Source: CLAW #26976721
Listing data checked:
Property details
Provided by The MLS™/CLAW
- Year built
- 1987
- Full bathrooms
- 1
- Cooling
- None
- Heating
- Forced Air, Central
- Laundry
- Community
- Flooring
- Engineered Hardwood, Tile
- Furnishing options
- Unfurnished
- Parking
- Assigned, Carport Detached, Covered Parking, Tandem
- Parking spaces
- 2
- Pool features
- None
- Pool
- No
- Spa features
- None
- Spa
- No
- Architectural style
- Contemporary
- Views
- City Lights, Tree Top, Ocean, Hills
- Rooms
- Breakfast Bar, Living Room, Patio Open
- Security features
- Community, Fire Sprinklers
- Lot size (acres)
- 6.6546
Neighborhood
This 1 bd, 1 ba Condo is located in Pacific Palisades, CA.
Frequently asked questions
How much is rent for this Condo in Pacific Palisades?
This 1 bd, 1 ba Condo is listed at $2,600/mo.
How many bedrooms and bathrooms does this rental have?
This home has 1 bd and 1 ba, with 593 square feet of living space.
Is this rental furnished?
The MLS lists these furnishing options: Unfurnished.
Location
Based on asking price — insufficient market comparables in this area
E-rent Value™
$2,600Est.
estimated / month
Range: $2,425 – $2,775/mo
E-sale Value™
$567,000Est.
estimated sale value
5.5% cap rate · income approach
Market Position
Fair Market Value$2,600/mo
Last listed
$1,352Fair Value
$2,600Above Market →
$3,848
Fair Market Value
In line with local comparables
Licensed appraisers: EMLAKIE rental comp data is available for income-approach valuations. Contact appraisers@emlakie.com for comp exports.
E-rent Value™ and E-sale Value™ are EMLAKIE's automated estimates based on active comparable listings and are not a licensed appraisal. Actual rental and sale values may vary. Consult a licensed real estate professional for a precise valuation.
Home services
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