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16123 West Sunset Boulevard, 103, Pacific Palisades, CA 90272

$699K2bd · 2ba · 1,184 sqft
Lot 15,805 sqft•HOA $792/mo•Condominium•
Active
•10d on market•MLS# 00-26996669

Property Description

A unique opportunity to purchase in a prime Pacific Palisades location at a compelling value. Now offered as a short sale, subject to lender approval, this property presents an opportunity to enter the Palisades market at a price point rarely available. The unit offers a functional layout, abundant natural light, and excellent potential for a buyer to update and make the space their own. Ideal for an end user or investor looking for long-term upside in one of Los Angeles' most sought-after communities.

Features & Amenities

FeeBuilt 2006

Property Details

Land Type
Fee
Year Built
2006
Property Type
Residential
Property Subtype
Condominium
Heating
Central
View
Courtyard
City
Pacific Palisades
Zip Code
90272
County
Los Angeles
Listed byUnknown Office, Ali Rassekhi

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,534.52
Principal & Interest
Loan Amount
$559,200
Total Interest
$713,229
Total Payment Over 30 Years
$1,272,429
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

16123 West Sunset Boulevard, 103, Pacific Palisades, CA 90272

Pacific Palisades · Condominium

$699K
Affordable Tier
Beds
2
Baths
2
Sqft
1,184
Lot
15,805 sqft
Year
2006
$/Sqft
$590
Pool: No✓
View: Courtyard✓

Listed 33.4% below the median closed sale of $1,050,000. Closed comps sold at 87% of list — buyers have negotiating leverage.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $699K· $590/sqft
Total list price
Closed comps
vs closed median $1.05M
−$351K (−33.4%)
Active comps
vs active median $499K
+$200K (+40.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $451
+$139 (+30.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
15515 Sunset BoulevardPacific Palisades1975221,1160$624$696,0004981
16601 Marquez AvenuePacific Palisades1965221,17522,499$535$629,00018281
16601 Marquez AvenuePacific Palisades1965221,17522,499$298$350,00020880
16601 Marquez AvenuePacific Palisades1965221,08622,499$414$450,00020878
16601 Marquez AvenuePacific Palisades1965221,30422,499$383$499,00020877
Total: 5 · Average2.02.01,171.222,499$450.8$524,800171
Median1,175$499,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
16123 Sunset BoulevardPacific Palisades200607/23/2026231,38615,805$1.10M$785,000$5660.719386
16040 Sunset BoulevardPacific Palisades198810/05/2026231,43516,639$1.20M$1.05M$7320.8814479
15500 Sunset BoulevardPacific Palisades198606/30/2026221,77021,768$1.30M$1.14M$6410.874070
17243 Palisades CirclePacific Palisades197408/27/2026231,531361,377$1.07M$1.00M$6530.9313166
1654 Palisades DrivePacific Palisades197805/05/2026221,776363,168$1.20M$1.13M$6330.9412361
Total: 5 · Average2.02.61,579.6155,751.4$1.02M$1.02M$645—106.2
Median1,531$1.05M$1.05M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.