NOT LISTED FOR SALE

2357 Palos Verdes Dr W Unit 1 Palos Verdes Estates, CA 90274

Estimated Value: $944,923 - $997,000

3 Beds
2 Baths
1,564 Sq Ft
$650/mo HOA Fee

Last Sold May 31, 2024

Last sale price $1,191,750 $762 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $6,737/month

130 Days on Market

Highlights

  • Golf Course Community
  • Gated Parking
  • Gated Community
  • Lunada Bay Elementary School Rated A+
  • Panoramic View
  • Open Floorplan

About This Home

As of May 2024

The only PV condo on the market with a true YARD.  Not a patio, but a large, 600 Sq Ft flat, private and fully walled in yard!!  Ideal for parties, kids, grandkids, holidays, etc.  Must see to appreciate.  Owner just spent $16,000 on brand new "Renewal by Anderson" windows.  Enjoy a glass of wine on the balcony watching colorful sunset skies gently close out the day. Enjoy delightful ocean breezes and ocean, palm tree and red tile roof views for a serene dusk. Live the Lunada Bay lifestyle in this 3 bed, 1.75 bath condo. You'll never have to drive for services; only one block from Lunada Village (pharmacy, auto repair, gas station, barber shop, salon, yoga, liquor store, dentist, pet store, school tutoring, hardware store, clothing stores, food market, restaurants. Beautiful sunsets from the living room and balcony. Peek-a-boo ocean view from living room and balcony. Fully remodeled kitchen with Bosch dishwasher and large refrigerator. Primary bathroom is 100% remodeled, with a jacuzzi bathtub. Lots of built-in cabinets for storage. Custom built in cabinets in the living room. Recessed LED lighting throughout. Large washer and dryer inside. Gas fireplace, real hardwood floors throughout. Gated side-by-side underground parking for two cars; large walk-in private secured storage inside the garage parking. (4'Wx17'Lx 8-9'H) Additional private entry through the rear backyard/patio area. Entry door next to elevator door and staircase for easy in and out access. Exterior hallway and garage are equipped with fire sprinklers. Great insulation with low utility bills. Vista views of Palos Verdes Peninsula Hills from almost every window. End unit, so lots of natural sunlight from three sides. Enjoy year round cool fresh ocean breezes throughout the home. Secure lobby entrance with two way intercom and buzz to allow entrance. Extremely safe area conveniently located near Lunada Bay Plaza. This is a lifestyle location and residents are eligible to join Palos Verdes Golf Club and/or Palos Verdes Beach Club. Five minute drive to Terranea Resort, 5 golf courses all nearby. Adjacent to hiking trails along Ocean Bluffs and Rolling Hills. Walking distance to prestigious schools. One block from city-sponsored park concerts. Pet friendly complex.  HOA covers ALL uitilities except electric.The Ocean bluffs are only 3 short blocks West, where you can walk, run, hike or cycle amidst breathtaking of Catalina Island, the ocean and pano views from San Pedro to Malibu.

Last Agent to Sell the Property

Nick Peters

Real Brokerage Technologies License #00880972 Listed on: 01/16/2024

Real Brokerage Technologies

Co-Listed By

Melissa Ferri

Real Brokerage Technologies License #02105725

Last Buyer's Agent

Nick Peters

Real Brokerage Technologies License #00880972 Listed on: 01/16/2024

Real Brokerage Technologies

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,652

Year Built

  • Built in 1976

Lot Details

  • 1 Common Wall

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side by Side Parking
  • Gated Parking
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • Panoramic
  • Woods
  • Peek-A-Boo
  • Hills
  • Park or Greenbelt

Home Design

  • Turnkey

Interior Spaces

  • 1,564 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Decorative Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Wood Flooring
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Pots and Pans Drawers

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Granite Bathroom Countertops
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Balcony
  • Concrete Porch or Patio

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 32414
  • Assessor Parcel Number 7542015051

Community Details

Overview

  • Front Yard Maintenance
  • Master Insurance
  • 9 Units
  • Management Professionals Association, Phone Number (310) 802-4808
  • Traci De Rago HOA
  • Maintained Community

Amenities

  • Community Storage Space

Recreation

  • Golf Course Community
  • Park
  • Hiking Trails
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Security Service
  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,652

Year Built

Built in 1976

Lot Details

0

HOA Fees

$650 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Zoning: PVRM*
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7542015051
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1564.00 Square Feet
  • Interior Amenities: Attic Fan, Balcony, Open Floorplan
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas Starter, Decorative
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 761.99
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Bathroom Features: Shower, Exhaust Fan(s), Granite Counters, Jetted Tub, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Pots & Pan Drawers

Exterior Features

  • Patio: Yes
  • View: Hills, Panoramic, Park/Greenbelt, Peek-A-Boo, Trees/Woods
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Covered, Garage, Gated, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Gas Oven, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Insurance, Maintenance Grounds, Trash, Utilities, Sewer, Water, Pet Rules, Pets Permitted, Management, Security, Controlled Access, Maintenance Front Yard
  • Association Fee: 650.00
  • Association Fee Frequency: Monthly
  • Association Name: Management Professionals
  • Phone: 310-802-4808
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Golf, Hiking, Park, Sidewalks
  • Association Management: Traci de Rago

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 10667.00
  • Lot Size Acres: 0.2449

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10667.0000 Square Feet
  • Number Of Units In Community: 9
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 32414

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2024
Sold by
Gregerson Scott
Bought by
Louie William and Louie Linsey
Current Estimated Value
$971,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$466,445
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$505,036

Purchase Details

Closed on
Mar 1, 2024
Sold by
Louie Nora J
Bought by
Louie William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$466,445
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$505,036

Purchase Details

Closed on
May 31, 2023
Sold by
Im Kyung Ryuel
Bought by
Gregerson Scott

Purchase Details

Closed on
Sep 27, 2002
Sold by
Im Nicholas Nakyun
Bought by
Im Kyung Ryuel

Purchase Details

Closed on
Sep 23, 2002
Sold by
Park Kyoung
Bought by
Im Kyung Ryuel

Purchase Details

Closed on
Jun 5, 1998
Sold by
Im Nicholas N
Bought by
Park Mi Ra
Source: Public Records

Range of Values:

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Average Value
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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
Louie William $950,000 Upward Title Company
Louie William -- Upward Title Company
Louie Linsey -- Upward Title Company
Gregerson Scott $750,000 Progressive Title Company
Im Kyung Ryuel -- Commerce Title
Im Kyung Ryuel -- Commerce Title
Park Mi Ra $200,000 Fidelity National Title Ins
Park Mi Ra -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Louie William $475,000
Previous Owner Im Kyung Ryuel $175,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $1,191,750 0.0% $762 / Sq Ft
05/25/2024 05/25/24 Pending -- -- --
04/15/2024 04/15/24 Off Market $1,191,750 -- --
03/19/2024 03/19/24 Price Changed $1,199,000 -2.1% $767 / Sq Ft
02/20/2024 02/20/24 Price Changed $1,225,000 0.0% $783 / Sq Ft
02/20/2024 02/20/24 For Sale $1,225,000 +2.8% $783 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/23/2024 01/23/24 Off Market $1,191,750 -- --
01/16/2024 01/16/24 For Sale $1,234,000 -2.1% $789 / Sq Ft
09/29/2022 09/29/22 Sold $1,260,000 +2.9% $806 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $1,225,000 +71.3% $783 / Sq Ft
10/27/2016 10/27/16 Sold $715,000 -5.8% $457 / Sq Ft
10/23/2016 10/23/16 Pending -- -- --
08/31/2016 08/31/16 Price Changed $759,000 -2.1% $485 / Sq Ft
08/10/2016 08/10/16 Price Changed $775,000 -3.0% $496 / Sq Ft
07/14/2016 07/14/16 For Sale $799,000 -- $511 / 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 $9,652 $969,000 $663,612 $305,388
2024 $9,652 $765,000 $451,860 $313,140
2023 $6,288 $452,413 $135,022 $317,391
2022 $6,009 $443,543 $132,375 $311,168
2021 $6,017 $434,847 $129,780 $305,067
2019 $5,785 $421,951 $125,932 $296,019
2018 $5,748 $413,678 $123,463 $290,215
2016 $5,446 $397,617 $118,670 $278,947
2015 $5,383 $391,645 $116,888 $274,757
2014 $5,308 $383,974 $114,599 $269,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24009661

California Regional Multiple Listing Service (CRMLS)

APN: 7542-015-049