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Searching residential in Pacific Palisades from $250,000 to $500,000

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Pacific Palisades 501 Palisades Drive # 319

This is your opportunity to purchase a condo in the charming Casa Gateway community and enjoy senior living at its finest! Casa Gateway is a Senior & Affordable Housing community. Must be 62 years of age or older with a Maximum household income of $118,841.89. This light and bright 1 bedroom, 1 bathroom unit is located on the 3rd floor. The living room features sliding glass doors that open onto the balcony for easy indoor/outdoor living. The balcony is the perfect spot to have your morning coffee while you enjoy the treetop views and views of the lakeside garden across the way. Kitchen with dishwasher, electric range/oven, and refrigerator. The kitchen also boasts a serving hatch that opens to the breakfast bar and dining area, ideal for entertaining. The front facing bedroom has treetop views out of the window and an ample size bedroom closet. 2-car parking and a community laundry room. **City of Los Angeles' HCIDLA must determine buyer's eligibility/certify income prior to finalizing the purchase. To help visualize this condo's floor plan and to highlight its potential, virtual furnishings have been added to photos found in this listing.$470,000

1 Beds
1 Baths
593 SqFt
45 Days On Market

Pacific Palisades 501 Palisades Drive # 308

THIS IS A SENIOR AFFORDABLE HOUSING CONDO. BUYER MUST SHOW ELIGIBILITY. RESTRICTIONS & MINIMUM REQUIREMENTS APPLY. Live in an amazing Mediterranean Senior Building with a beautiful garden courtyard. This is a 3rd floor condo facing the courtyard. Floor to ceiling sliding glass doors open to the balcony from the living room. This 1 bedroom and 1 bath condo is in original condition. There are designated tandem parking spaces, an elevator, and community laundry on every floor. BUILDING COVENANT RESTRICTIONS: 1. AGE 62+ | 2. PRICE $373,623.00 | 3. MAX GROSS INCOME= $94,230.21 FOR LAST 2 YEARS + 2024 | 4. ALL DATA MUST BE DOCUMENTED| 5. THE LAHD CONFIRMS ELIGIBILITY OF BUYER PRIOR TO FINAL PURCHASE | 6. FINANCING ONLY WITH BUYER'S OWN FUNDS | THE FAMILY CAN CONTRIBUTE UP TO 20% OF THE SALES PRICE | 7. CONVENTIONAL/FHA FINANCING DOESN'T APPLY | 8. LOAN WITH APPROVED LENDER | 9. PLEASE DOWNLOAD PRE-QUAL QUESTIONNAIRE FROM MLS DOCS OR REQUEST BY EMAIL FROM LA2 | 10. SEND ALL DOCS TO LA2 FOR SELLER REVIEW OF BUYER ELIGIBILITY | 11. NO SCREENSHOTS, NO TEXT, NO CALLS, ONLY EMAIL TO LA 2 | 12. EMAIL ALL QUESTIONS TO LA 2$373,623

1 Beds
1 Baths
593 SqFt
9 Days On Market

Based on information from California Regional Multiple Listing Service, Inc. as of April 19th, 2024 at 8:45pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.