501 Palisades Dr

A low-rise Mediterranean‑style residential complex built in 1987, the property rises three stories and comprises one‑bedroom condominium units configured for senior occupancy. Exterior character includes stucco walls, tiled roofs, mature landscaping and a central garden courtyard with lawn and planting beds. Units are typically corner or mid‑building flats with sliding glass doors to private balconies and windows on multiple sides that bring in treetop and occasional ocean glimpses. Interiors show practical layouts: open living/dining flows, breakfast bars/serving hatches to modest kitchens, laminated or tile floors in many units, and walk‑in closet storage in primary bedrooms. Common areas emphasize everyday convenience and social outdoor space — a barbecue area, on‑floor community laundry rooms, and elevator access to upper floors. Parking is assigned, often including one garage space plus an additional carport or uncovered space per unit. The community operates under senior and affordable‑housing covenants administered by the city, so sales require HCIDLA/LAHD eligibility certification, income limits, owner‑occupancy and other resale controls. Pet, rental and financing rules are restricted by those regulatory requirements. The site is positioned near Sunset Boulevard and Palisades Drive, within walking distance of local shops, dining and coastal amenities.