ActiveResidential · sale

16321 Pacific Coast Highway 41

Pacific Palisades, CA 90272

$525,000

  • 1 beds
  • 1 baths
  • 0.03 acres
  • Built 1967

Listed by Douglas Elliman of California, Inc. · MLS #24441787

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PROPERTY QUESTIONS & SHOWINGS

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16321 Pacific Coast Highway 41, Pacific Palisades, CA 90272 · MLS #24441787

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

Inside, the open floor plan is flooded with natural light, creating a bright and airy space that's perfect for relaxing or entertaining.

Year built

Built in 1967.

Property size

0.03 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

An affordable location across from the beach in the highly sought-after Pacific Palisades ! This charming one-bedroom, one-bathroom home is in a peaceful manufactured beachside community. With a 1,400 square foot lot, this property offers endless potential. The home's exterior is a blank canvas awaiting your personal touch, allowing you to choose siding, trim, and paint colors that will truly enhance its curb appeal. Inside, the open floor plan is flooded with natural light, creating a bright and airy space that's perfect for relaxing or entertaining. Partial drywall has already been installed, and electrical upgrades have been made, giving you a head start on transforming this space into your dream home. The living area boasts elegant custom ceiling tiles that reflect the recessed lighting, complemented by a striking wood panel accent wall. Newly installed hardwood laminate flooring adds warmth and style throughout the home. The renovated kitchen is a chef's delight, featuring custom cabinetry, a quartz countertop breakfast bar, ceramic glazed tile backsplash, and brand new high-end stainless steel appliances, including a Bosch Benchmark refrigerator, Tecnogas Superiore oven range, and a Kraus professional-grade faucet. The remodeled bathroom offers a spa-like experience with a Vigo Ellington Thermostatic Shower Panel and Kraus faucet, set against beautiful Okoboji tile flooring. Additional modern features include a new tankless water heater for energy efficiency and partial ocean views from the bedroom. One of the standout features of this property is the option to install a two-story home or custom build a sundeck, allowing you to enjoy stunning unobstructed beach views and mesmerizing sunsets. The covered carport provides space for two vehicles, and the community offers direct access to the beach via a safe crosswalk, making it perfect for swimming and surfing. This rent-controlled community includes fantastic amenities, such as a heated swimming pool and hot tub. It's also conveniently located near top-rated schools, scenic hiking trails, a bike path, and a variety of local shops and restaurants. Don't miss your chance to own a unique property in this prime location!

THE NEIGHBORHOOD

Explore the location.

16321 Pacific Coast Highway 41, Pacific Palisades, CA 90272

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THE DETAILS

The details, all in one place.

Property type
ManufacturedInPark
Category
Residential
Year built
1967
Full baths
1
Half baths
0
Cooling
None
Heating
None
Appliances
ConvectionOven,GasOven,Oven,Range,Refrigerator
Flooring
Tile
Fencing
Privacy
Accessibility
None
Pool
No
Pool features
Community,Fenced,Filtered,Heated,SeeRemarks,Association
Spa
Yes
Zoning
Manufactured Home
Parcel
UNAVAILABLE
HOA amenities
BilliardRoom,Clubhouse,FirePit,PicnicArea,Pool,PetRestrictions,RecreationRoom,Security,Trails
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$2,187.50
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #24441787 · California Regional MLS

Listing brokerage: Douglas Elliman of California, Inc.
Listing agent: Eva Fairchild

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.