$2,400,000
SOLD JUL 12, 2022

1321 Via Gabriel Palos Verdes Estates, CA 90274

6 Beds
3 Baths
3,401 Sq Ft
0.35 Acres

Recently Sold

$706 Per Sq Ft

17 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Home Office
  • Montemalaga Elementary School Rated A+
  • No HOA
  • Covered Patio or Porch

About This Home

As of March 2024

With imagination and effort, this could be your forever dream home with 3,401 square feet of living space on a 15,104 square foot lot. This custom built home was originally designed and built with strength and finesse. The expansive flat back yard is landscaped but, what might you do with it? Many repairs and updates are needed throughout, but at this price, it's quite a steal versus renovated properties for sale in the neighborhood. A Certified Inspector’s Report, Termite Report, and the permit for the replacement of the red Spanish tile roof is available for your review. This might relieve any doubt that this is THE ONE - WITH THIS PRICE! This immense property is in Palos Verdes Estates on one of the most pleasant streets imaginable. It is near the heart of the Peninsula. Nestled in the desirable Montemalaga area, historically referred to as the "red roof" area addressing the Spanish red clay tiles wherever you look. Enter and approach the living room and dining room floor-ceiling windows overlooking the massive back yard. You WILL say WOW! Perfect for the gardener, as this owner was, or build a swimming pool or sports court or both. Or, meditate after a hard day, just gazing out at Your peaceful back yard from the living room or the balcony. With an ideal 2-story floor plan, there are three living rooms. Two have fireplaces. One is off the entrance, a second opens to the kitchen and the third is downstairs adjacent to the patio and backyard. This one is perfect for summer entertaining on the grass. The country kitchen looks out to the front porch, has a breakfast table area, opens to the second living room and adjacent to the formal dining room. Six bedrooms, three upstairs and three downstairs. There is a private study, a laundry room, balcony, a front porch, and a roofed 3-sided patio area that opens to the back yard and fire pit. Imagine, summer and winter barbecuing. Partially updated in the 80’s, lived in and loved for 59 years by one family. It is your turn to make it your own cherished home. And, Now's your chance!

Last Agent to Sell the Property

Linda Cavette

Coldwell Banker Realty License #01294734 Listed on: 06/07/2022

Coldwell Banker Realty

Last Buyer's Agent

DeDe Hsu

Estate Properties License #01023899

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,660

Year Built

  • Built in 1962

Lot Details

  • 0.35 Acre Lot
  • Northeast Facing Home
  • Fenced
  • Fence is in fair condition
  • Front and Back Yard Sprinklers
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Copper Plumbing

Interior Spaces

  • 3,401 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Double Door Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Office
  • Carpet
  • Property Views

Kitchen

  • Open to Family Room
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Dressing Area
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Fire Pit

Schools

  • Montemalaga Elementary School
  • Palos Verdes Middle School
  • Palos Verdes Peninsula High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 7112 / 7
  • Tax Tract Number 7538
  • Assessor Parcel Number 7545020001

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,660

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Refrigerator
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7545020001
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3401.00 Square Feet
  • Interior Amenities: Balcony, Ceramic Counters, Copper Plumbing Full, Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Double Door Entry
  • Eating Area: Family Kitchen, Dining Room
  • Fireplace Features: Dining Room, Living Room, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 705.67
  • Room Type: Dressing Area, Entry, Family Room, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Office, Separate Family Room
  • Window Features: Screens
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: Northeast
  • Fence: Yes
  • Fencing: Fair Condition
  • Patio And Porch Features: Covered, Patio, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Montemalaga
  • Middle School: Palos Verdes
  • High School: Palos Verdes Peninsula
  • Elementary School: Montemalaga
  • High School: Palos Verdes Peninsula
  • Middle Or Junior School: Palos Verdes
  • Elementary School #2: MONTEM
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lot 10000-19999 Sqft, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 15104.00
  • Lot Size Acres: 0.3467

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15104.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 7
  • Tax Lot: 7112
  • Tax Tract Number: 7538

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Feb 22, 2024
Sold by
Rles Zhuzh Llc
Bought by
Clarke Lindsey
Seller's Agent
Drew Fenton
Carolwood Estates
Buyer's Agent
Brett Zebrowski
eXp Realty of California Inc
List Price
$5,960,000
Sold Price
$4,250,000
Premium/Discount to List
-$1,710,000
-28.69%
Views
249
Current Estimated Value
$4,512,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,074
Avg. Annual Appreciation
4.04%

Purchase Details

Listed on
Jun 7, 2022
Closed on
Aug 29, 2022
Sold by
Leslie A Burke Revocable Trust
Bought by
Rles Zhuzh Llc
Seller's Agent
Linda Cavette
Coldwell Banker Realty
Buyer's Agent
DeDe Hsu
Estate Properties
List Price
$2,400,000
Sold Price
$2,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.68%

Purchase Details

Closed on
Dec 27, 1993
Sold by
Spalding John A and Spalding Marita C
Bought by
Spalding John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,700
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $4,250,000 Equity Title
Grant Deed -- --
Quit Claim Deed -- Old Republic Title
Quit Claim Deed -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $96,700 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $4,250,000 -14.9% $1,177 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
01/15/2024 01/15/24 Price Changed $4,995,000 -10.8% $1,383 / Sq Ft
01/04/2024 01/04/24 Price Changed $5,600,000 -6.0% $1,550 / Sq Ft
10/30/2023 10/30/23 For Sale $5,960,000 +148.3% $1,650 / Sq Ft
07/12/2022 07/12/22 Sold $2,400,000 0.0% $706 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $2,400,000 -- $706 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $28,660 $4,335,000 $3,766,044 $568,956
2024 $28,660 $2,448,000 $2,040,000 $408,000
2023 $28,183 $2,400,000 $2,000,000 $400,000
2022 $4,604 $249,231 $87,305 $161,926
2021 $4,615 $244,345 $85,594 $158,751
2020 $4,562 $241,841 $84,717 $157,124
2019 $4,473 $237,100 $83,056 $154,044
2018 $4,361 $232,452 $81,428 $151,024
2016 $4,096 $223,427 $78,267 $145,160
2015 $4,041 $220,072 $77,092 $142,980
2014 $3,992 $215,762 $75,582 $140,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV22109761

California Regional Multiple Listing Service (CRMLS)

APN: 7545-020-001