About 517 Palisades Drive
A rare opportunity to own a property well below the market value in this very prestigious and up-scale precinct in Pacific palisades. Welcome to this light-filled 3-bedroom, 2-baths residence in the sought-after Casa Gateway affordable Housing community—where Sunset Boulevard meets Palisades Drive. Enjoy breathtaking ocean views from the dining area balcony and entertain the possibility to reimagine the space to suit your personal style. Open-Concept Living: Seamlessly connected spaces with two private balconies and several windows that invite the coastal breeze indoors. Sunlit Kitchen: Designed for entertaining, breakfast counter space and cabinets. Primary Suite: Includes a private balcony, en-suite bath with separate tub and water closet, exterior vanity, walk-in closet, and additional storage. Unbeatable Setting: Moments from world-renowned beaches, Lake Shrine, and premier surfing destinations. Walkable Luxury: Stroll to upscale dining and The Palisades Village. Serene Grounds: Professionally managed and landscaped for peaceful living. Detached Garage with remote door control: Includes two tandem parking spaces and secured additional storage. Urban-Coastal Balance: Sophisticated living with easy access to LA’s vibrant culture and natural beauty. Seller will entertain offers at $750,000+ Buyer is advised to check with their lenders for financing options. Buyer must be qualified by Los Angeles Housing Department.Please review the Covenant in the Supplements.
Features of 517 Palisades Drive
| MLS® # | SR25110002 |
|---|---|
| Price | $819,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,018 |
| Acres | 6.65 |
| Year Built | 1987 |
| Type | Residential |
| Sub-Type | Condominium |
| Style | Contemporary |
| Status | Active |
Community Information
| Address | 517 Palisades Drive |
|---|---|
| Area | C15 - Pacific Palisades |
| City | Pacific Palisades |
| County | Los Angeles |
| Zip Code | 90272 |
Amenities
| Amenities | Other |
|---|---|
| Utilities | Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Available, Water Connected |
| Parking Spaces | 2 |
| Parking | Garage Faces Front |
| # of Garages | 2 |
| Garages | Garage Faces Front |
| View | Neighborhood, Ocean |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior Features | All Bedrooms Down, Balcony, Bedroom on Main Level, Main Level Primary, Recessed Lighting, Unfurnished |
|---|---|
| Appliances | Dishwasher, Dryer, Free-Standing Range, Washer, Water Heater |
| Heating | Central |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | One |
Exterior
| Exterior | Drywall, Stucco |
|---|---|
| Lot Description | SixteenToTwentyUnitsAcre |
| Windows | Blinds |
| Roof | Spanish Tile |
| Construction | Drywall, Stucco |
School Information
| District | Los Angeles Unified |
|---|---|
| Elementary | Marquez |
| Middle | Paul Revere Charter |
| High | Palisades Charter |
Additional Information
| Date Listed | May 15th, 2025 |
|---|---|
| Days on Market | 141 |
| Zoning | LARD1.5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 448.76 |
| HOA Fees Freq. | Monthly |
Listing Details
| Agent | Ravinder Sood |
|---|---|
| Office | Berkshire Hathaway HomeServices California Properties |