16123 West Sunset Boulevard, 103, Pacific Palisades, CA 90272
16123 West Sunset Boulevard, 103, Pacific Palisades, CA 90272
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 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
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Pacific Palisades · Condominium
Listed 7.0% below the median closed sale of $752,000. Closed comps sold at 88% of list — buyers have negotiating leverage.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 15515 Sunset Boulevard | Pacific Palisades | 1975 | 2 | 2 | 1,116 | 0 | $624 | $696,000 | 69 | 81 |
| 517 Palisades Drive | Pacific Palisades | 1987 | 3 | 2 | 1,018 | 289,873 | $736 | $749,000 | 103 | 71 |
| 1040 4th Street | Santa Monica | 1990 | 2 | 2 | 1,474 | 30,033 | $508 | $749,000 | 16 | 59 |
| 404 San Vicente Boulevard | Santa Monica | 1971 | 1 | 1 | 845 | 21,764 | $870 | $735,000 | 68 | 57 |
| 201 Ocean Avenue | Santa Monica | 1971 | 1 | 1 | 855 | 57,750 | $760 | $650,000 | 13 | 55 |
| Total: 5 · Average | 1.8 | 1.6 | 1,061.6 | 99,855 | $699.6 | $715,800 | 53.8 | |||
| Median | 1,018 | $735,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 16123 Sunset Boulevard | Pacific Palisades | 2006 | 07/23/2026 | 2 | 3 | 1,386 | 15,805 | $1.10M | $785,000 | $566 | 0.71 | 94 | 89 |
| 502 San Vicente Boulevard | Santa Monica | 1979 | 04/07/2026 | 1 | 2 | 1,182 | 16,676 | $799,000 | $765,000 | $647 | 0.96 | 47 | 67 |
| 1021 12th Street | Santa Monica | 1972 | 08/21/2026 | 2 | 2 | 1,337 | 15,019 | $799,000 | $752,000 | $562 | 0.94 | 45 | 61 |
| 901 10th Street | Santa Monica | 1970 | 05/26/2026 | 2 | 2 | 1,267 | 22,524 | $799,998 | $650,000 | $513 | 0.81 | 28 | 61 |
| 1101 Lincoln Boulevard | Santa Monica | 1964 | 08/28/2026 | 2 | 2 | 1,012 | 7,496 | $749,000 | $749,000 | $740 | 1.00 | 1 | 58 |
| Total: 5 · Average | 1.8 | 2.2 | 1,236.8 | 15,504 | $740,200 | $740,200 | $605.6 | — | 43 | ||||
| Median | 1,267 | $752,000 | $752,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.