15515 W Sunset Boulevard #504, Pacific Palisades, CA 90272 (MLS # V1-38364)

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PRICE $750,000 BEDS 2 BATHS 1.25 HOME SIZE 1,116 sqft LOT SIZE n/a Request More Info Schedule a Showing

Incredible opportunity to purchase in the heart of Pacific Palisades at 2016 prices. Just a two minute walk from Palisades Village (reopened 8/15/26) and within walking distance of award-winning schools, this is a rare chance to own in one of the most desirable locations on the Westside with substantial instant equity. The home is also just a short drive to the beaches, Malibu and Santa Monica, as well as the Riviera Country Club and Temescal Canyon hiking trails, offering easy access to shopping, dining and outdoor activities.Unit 504 is located on the top floor with no neighbor above and does not share a wall with any adjoining unit. That's right; this unique condo is free on all four sides, offering exceptional privacy and a peaceful feel that is hard to find.The brick building survived the Palisades fire, and this unit is ready for a new owner who understands the opportunity and the reality of the area. There will be construction and rebuilding activity in the neighborhood for some time, but for the right buyer, that temporary inconvenience could be the trade off for getting into this location at prices well below where they were before the fire.Inside, the home offers a spacious open floor plan with high ceilings in the living and dining areas. The living room features a cozy fireplace and access to a private balcony. The primary suite features a high ceiling, private balcony, walk-in closet and full bathroom. The second bedroom features glass doors and is ideally suited as a home office or den. A convenient powder room and laundry closet add to the functionality.The unit was remodeled in the early 2000s and remains comfortable and livable, while offering plenty of room to make it your own. With the potential for instant equity, there is an opportunity to update the home over time and bring it into 2026 without paying a premium for someone else's remodel.Enjoy incredible views while they last. The building directly in front is expected to be rebuilt, meaning these views are temporary and could change once construction is complete.If you've been waiting for an opportunity to buy in the Palisades without paying peak-market pricing, this could be it. Prime location, top-floor living, no shared walls, high ceilings, private balconies, an excellent floor plan, award-winning schools and significant upside make Unit 504 a rare opportunity for the buyer willing to look beyond the temporary construction and see the long-term potential.