Seller's Agent in 2015
Beth Morrissey
Beach City Brokers
(310) 977-2475
14 Total Sales
2341 Palos Verdes Dr W Palos Verdes Estates, CA 90274
16
Beds
8
Baths
6,710
Sq Ft
0.26
Acres
Highlights
- Ocean View
- Wood Flooring
- 8 Car Direct Access Garage
- Lunada Bay Elementary School Rated A+
- Private Yard
- Laundry Room
About This Home
As of March 2015Multi unit properties in this desirable community rarely come onto the market! Lunada Bay adjacent. Charming 8-unit building in the heart of Palos Verdes Estates on a west facing 11,108 sq ft lot overlooking the Pacific Ocean. All 8 units have private entrances with either ocean views (4 units) or a beautifully landscaped garden view surrounded by 30ft. palm trees. The property has just undergone a $150,000 renovation. Units are furnished with wood floors, remodeled kitchens with new tile, stainless appliances, sinks and fixtures. Baths were also retiled with white subway tile, new fixtures and floors. Bedrooms were recarpeted, 4" baseboards were installed throughout and all units were freshly painted. Residents benefit from award winning neighborhood schools. Palos Verdes estates is a very safe area attracting mature long term tenants. The complex is complete with an on site laundry room. Parking for 16 cars on site, 8 in secure garages.
Last Agent to Sell the Property
Beach City Brokers License #01402689 Listed on: 01/28/2015
Last Buyer's Agent
Brice W. Head, MBA
Re/Max Commercial & Investment License #01330706
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 0.26 Acre Lot
- Two or More Common Walls
- Private Yard
Parking
- 8 Car Direct Access Garage
- Parking Available
Property Views
- Ocean
- Woods
- Courtyard
Home Design
- 6,710 Sq Ft Home
- Property Attached
- Composition Roof
Kitchen
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 16 Bedrooms
- 8 Bathrooms
Additional Features
- Laundry Room
- Suburban Location
- Wall Furnace
Listing and Financial Details
- Tax Tract Number 6888
- Assessor Parcel Number 7542015022
Community Details
Building Details
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $599
- Gardener Expense $2,220
- Insurance Expense $3,700
- Maintenance Expense $5,736
- Other Expense $590
- Pest Control $540
- Trash Expense $2,036
- Water Sewer Expense $1,741
- New Taxes Expense $39,375
- Gross Income $14,285
- Net Operating Income $110,741
Additional Features
- 8 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2015 03/17/15 | Sold | $3,400,000 | -2.9% | $507 / Sq Ft |
| 02/02/2015 02/02/15 | Pending | -- | -- | -- |
| 01/28/2015 01/28/15 | For Sale | $3,500,000 | -- | $522 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Beth Morrissey
-
B
Buyer's Agent in 2015
Brice W. Head, MBA
RE/MAX
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB15067612
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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