Pacific Palisades MARKETWatch, 6 New Homes & 2 Condos For Sale and 4 Properties Sold the past 7
From: Pacific Palisades, CA
Partly cloudy and warm (78° F)
Income tax filing day was yesterday, so, thankfully, it is now old news. Back on the topic of real estate, there continues to be a very active market. Interest rates remain low, and the local rent market continues to be hot with rentals rates continuing to rise. This has an interesting effect on the entry-level market. As renters see their rents increase, along with continued low interest rates, many are deciding to forgo renting and make their first home purchase. This is creating more activity in sales. We should see this occur throughout the year.
Here is the three new listings that I am highlighting this week. You can find the expanded information sheets and photos of this listing by clicking on the "Highlighted Properties".
1) 14808 W. SUNSET BLVD. (16-114684)
The first new highlighted listing this week is a traditional-style home located in the heart of thePalisades. This single-story home has four bedrooms and three bathrooms and features hardwood floors and an open living room, for a total of 2,197 square feet. The home is on a 7,509 square-foot lot with a swimming pool and spa. Asking price for this home is $2,179,000.
2) 468 SURFVIEW DRIVE (16-103736)
The second new listing this week is a European Villa with majestic coastline and ocean views located in the Sunset Mesa area. This two-story home has five bedrooms and five and one half bathrooms and features an ocean-view master suite and a gourmet kitchen, for a total of 6,507 square feet. The home is on a 19,516 square-foot lot with a saltwater swimming pool and an outdoor kitchen. Asking price for this ocean-view Sunset Mesa home is $6,899,000.
3) 408 OCAMPO DRIVE (16-112864)
The third new listing this week is a traditional-style home located in the prime Huntington Palisades. This two-story home has six bedrooms and six bathrooms and features a wood-paneled library and a formal living room, for a total of 5,350 square feet. The home is on an8,562 square-foot lot with spacious grounds and a lap pool. Asking price for this Huntington Palisades home is $7,095,000.
Please give me a call at 310-309-7304 if you have any questions about any of the new listings this week.
Warmly,
Matthew Greenberg
