Affordable homes in Pacific Palisades… With an ocean view? Yes! Located at Tahitian Terrace, a manufacturer and mobile home community located just off of Highway 1 terraced along the beautiful hills in South Pacific Palisades. Located at 16001 Highway 1 or the Pacific Coast Highway, this manufactured home community offers about 250 lots terraced up the hillside in Pacific Palisades.
The community sits across the street from the Will Rogers Beach between Sunset Boulevard and Temescal Canyon. Surprisingly affordable, these homes were built primarily in 1963 with the concept of terracing up on the hillside creating beautiful ocean views for all residents. The community even has a clubhouse with a heated swimming pool, hot tub, and exercise facility. The recreational center has a catering kitchen, game room, an extensive library. The community is also dog friendly and offers residents a dog run.
The land is privately owned and homeowners do not actually own the land but rent the land and avoid paying real estate property taxes. This is a benefit for those contemplating between a townhouse and condominium as most homeowners do not pay even homeowner association fees. However, they do pay rent for the land and the rent is protected under rent control. Each time a home is sold, the rent increases by 10% and every year the board of rent stabilization determines the rental increase.
Before purchasing a mobile home in Tahitian Terrace, buyers must complete an application and receive board approval. Buyers are required to pass a credit and background check and must sign a lease agreement. Buyers must have 20% down for most home loans available to these properties.
Properties in Tahitian Terrace start at about $450,000. Many of these homes are quite high-end and can reach as high as $890,000 depending on exact views and condition of the property. Most homes are two-bedroom and two baths and feature about 900 to 1800 ft.². Many homes have beautiful views overlooking the water and of course, direct access to Will Rogers Beach across the highway.
Speaking of the beach, the Beach Side Café and bike trail are located across the Pacific Coast Highway and it’s a short walk to the beach, relaxation, or lesson five or 10 minutes for most amenities such as shops, restaurants, and markets.
If you’re looking for an affordable option in Pacific Palisades, water view and beach access, you might start at Tahitian Terrace. Browse all available listings below or simply contact my office at any time to schedule a showing. Image by Local MLS Listing
Just Listed – Tahitian Terrace Homes in Pacific Palisades: