NOT LISTED FOR SALE

Estimated Value: $4,623,000 - $5,458,000

5 Beds
3.5 Baths
5,150 Sq Ft
$955/Sq Ft Est. Value

Last Sold March 11, 2019

Last sale price $3,800,000 $738 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $29,968/month

Highlights

  • Ocean View
  • Golf Course Community
  • Heated In Ground Pool
  • Montemalaga Elementary School Rated A+
  • Tennis Courts
  • Primary Bedroom Suite

About This Home

As of April 2019

Extremely rare opportunity to lease a NEW home in the prestigious Monte Malaga area of Palos Verdes Estates! This NEWLY, COMPLETELY RENOVATED, immaculate, modern tennis estate boasts UNOBSTRUCTED PANORAMIC OCEAN AND COASTLINE VIEWS and is an entertainer's dream! Amazing floor plan. Separate formal dining room, living room, and family room. Two master suites. Over-sized bedrooms and bathrooms. Large gourmet kitchen with BRAND-NEW Viking appliances, huge pantry, and airy dining nook. Stackable doors seamlessly connect the indoor living space to the outdoor pool and sport court. Entertain and relax to your heart's content in your own private resort!

Last Agent to Rent the Property

Nancy Duan

Shengxin Duan, Broker License #01894572 Listed on: 03/12/2019

Last Renter's Agent

Nicole Reis

Compass License #02050314

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,807

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • 0.48 Acre Lot
  • Rural Setting
  • Northwest Facing Home
  • Chain Link Fence
  • Sprinkler System
  • Back Yard
  • Property is zoned PVR1*

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Up Slope from Street
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Pool

Home Design

  • Modern Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 5,150 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Double Pane Windows
  • Tinted Windows
  • Window Screens
  • Double Door Entry
  • Panel Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Sport Court
  • Deck
  • Patio
  • Shed
  • Front Porch

Location

  • Suburban Location

Schools

  • Monte Malaga Elementary School
  • Palos Verdes Middle School
  • Palos Verdes Peninsula High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $26,000
  • Rent includes gardener, pool, sewer, trash collection
  • 12-Month Minimum Lease Term
  • Available 3/15/19
  • Tax Lot 3
  • Tax Tract Number 29082
  • Assessor Parcel Number 7544023013

Community Details

Overview

  • No Home Owners Association
  • Property is near a preserve or public land

Recreation

  • Golf Course Community
  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,807

Year Built

Built in 1968 | Remodeled

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2019-03-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 26000
  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 7544023013
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5150.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, Panel Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, Dining Room, In Kitchen, Separated
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.14
  • Room Type: Den, Dressing Area, Entry, Family Room, Formal Entry, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Separate Family Room, Two Masters, Walk-In Closet, Walk-In Pantry
  • Spa Features: In Ground
  • Window Features: Double Pane Windows, Screens, Skylight(s), Tinted Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Stone Counters
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Direction Faces: Northwest
  • Foundation: Slab
  • Other Structures: Shed(s), Sport Court Private, Storage, Tennis Court Private
  • View: City Lights, Coastline, Ocean, Panoramic, Pool
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Concrete, Deck, Patio, Front Porch
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Warming Drawer
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Golf, Horse Trails, Preserve/Public Land, Rural, Storm Drains, Suburban

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Monte Malaga
  • Middle School: Palos Verdes
  • High School: Palos Verdes Peninsula
  • Elementary School: Monte Malaga
  • High School: Palos Verdes Peninsula
  • Middle Or Junior School: Palos Verdes
  • Elementary School #2: MONMAL
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Lot 20000-39999 Sqft, Sprinkler System, Up Slope from Street
  • Lot Size Sq Ft: 20803.00
  • Lot Size Acres: 0.4776

Multi Family

  • First Repairs: 150
  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 20803.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Pool, Sewer, Trash Collection

Tax Info

  • Tax Census Tract: 6703.26
  • Tax Lot: 3
  • Tax Tract Number: 29082

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2025
Sold by
Zhang Liang and Wang Juan
Bought by
Zhang Family Trust and Zhang
Current Estimated Value
$4,920,366

Purchase Details

Listed on
Mar 12, 2019
Closed on
Feb 11, 2019
Sold by
Tokita Kenneth M and Tokita Sandra S
Bought by
Zhang Liang and Wang Juan
Seller's Agent
Nancy Duan
Shengxin Duan, Broker
Buyer's Agent
Nicole Reis
Compass
Sold Price
$11,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%

Purchase Details

Closed on
Dec 2, 2002
Sold by
Tokita Kenneth M and Tokita Sandra S
Bought by
Tokita Kenneth M
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Zhang Family Trust -- None Listed On Document
Zhang Liang $3,800,000 Ticor Title
Tokita Kenneth M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2019 04/01/19 Rented $11,000 -15.4% --
03/22/2019 03/22/19 Under Contract -- -- --
03/12/2019 03/12/19 For Rent $13,000 0.0% --
03/11/2019 03/11/19 Sold $3,800,000 -5.0% $738 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
02/03/2019 02/03/19 Price Changed $3,999,000 -4.7% $777 / Sq Ft
01/17/2019 01/17/19 Price Changed $4,195,000 -4.7% $815 / Sq Ft
11/14/2018 11/14/18 For Sale $4,399,999 -- $854 / 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 $47,807 $4,238,966 $2,849,590 $1,389,376
2024 $47,807 $4,155,850 $2,793,716 $1,362,134
2023 $47,077 $4,074,364 $2,738,938 $1,335,426
2022 $44,728 $3,994,476 $2,685,234 $1,309,242
2021 $44,693 $3,916,154 $2,632,583 $1,283,571
2019 $26,364 $1,343,959 $348,002 $995,957
2018 $16,537 $1,317,608 $341,179 $976,429
2016 $15,660 $1,266,446 $327,932 $938,514
2015 $15,490 $1,247,424 $323,007 $924,417
2014 $15,265 $1,222,989 $316,680 $906,309
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV19057751

California Regional Multiple Listing Service (CRMLS)

APN: 7544-023-013