Landlord's Agent in 2022
Chris Adlam
Vista Sotheby's International Realty
(310) 421-2606
112 in this area
226 Total Sales
2725 Via Oleadas Palos Verdes Estates, CA 90274
Estimated Value: $5,559,000 - $8,968,000
5
Beds
5
Baths
4,084
Sq Ft
$1,901/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Golf Course Community
- Heated In Ground Pool
- Point Vicente Elementary School Rated A+
- Community Stables
- 2-minute walk to Honeymoon Cove
About This Home
As of July 2022Just in time for summer! Imagine a year round vacation along the bluffs of Palos Verdes Estates. Perhaps the most alluring aspect is the setting… panoramic, unobstructed views of the ocean and one of the most iconic surf spots in Southern California. A gated entrance and motor court leads to a striking courtyard, complete with towering palm trees and a resort style pool and spa. Step inside the home to the expansive living room with fireplace and adjacent formal dining room. The kitchen includes stainless appliances and a scenic breakfast room. The primary suite has just been remodeled and includes a fireplace, lavish bathroom and walk-in closet. A magnificent backyard with rolling lawn and paddle tennis court is currently being “re-striped” as a pickle-ball court. This is a very special opportunity.
Last Agent to Rent the Property
Vista Sotheby's International Realty License #00967574 Listed on: 05/31/2022
Last Renter's Agent
Vista Sotheby's International Realty License #00967574 Listed on: 05/31/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $85,194
Year Built
- Built in 1971
Lot Details
- 0.83 Acre Lot
- Cul-De-Sac
- Rural Setting
- Irregular Lot
- Back Yard
- Property is zoned PVR1*
Parking
- 2 Car Attached Garage
Property Views
- White Water Ocean
- Coastline
- Back Bay
- Panoramic
- City Lights
- Bluff
- Pool
Interior Spaces
- 4,084 Sq Ft Home
- 1-Story Property
- Separate Family Room
- Living Room with Fireplace
- Loft
- Laundry Room
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
Additional Features
- Outdoor Fireplace
- Central Heating
Listing and Financial Details
- Security Deposit $38,000
- Rent includes gardener, pool
- 12-Month Minimum Lease Term
- Available 6/1/22
- Tax Lot 6
- Tax Tract Number 23201
- Assessor Parcel Number 7542041015
Community Details
Overview
- No Home Owners Association
Recreation
- Golf Course Community
- Community Stables
- Horse Trails
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 24, 2021
Sold by
2725 Via Oleadas Llc
Bought by
Butler 06 Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Outstanding Balance
$6,347,473
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$1,414,839
Purchase Details
Closed on
Oct 7, 2019
Sold by
Yang Yi Lan
Bought by
2725 Via Oleadas Llc
Purchase Details
Closed on
Jul 22, 2009
Sold by
Bastasch Michael and Bastasch Donna
Bought by
Yang Yi Lan
Purchase Details
Closed on
Aug 23, 2006
Sold by
Bastasch Frank J and Bastasch Joyce D
Bought by
Bastasch Michael and Bastasch Donna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
7.06%
Mortgage Type
Negative Amortization
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Butler 06 Llc | $7,200,000 | Consumers Title Company | |
| 2725 Via Oleadas Llc | $6,410,000 | Usa Title Company | |
| Yang Yi Lan | $5,000,000 | Lawyers Title Company | |
| Yang Yi Lan | -- | Lawyers Title | |
| Bastasch Michael | $3,200,000 | Progressive Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Butler 06 Llc | $7,000,000 | |
| Previous Owner | Bastasch Michael | $1,900,000 | |
| Previous Owner | Bastasch Frank J | $1,500,000 | |
| Previous Owner | Bastasch Frank J | $300,000 | |
| Previous Owner | Bastach Frank J | $1,542,500 | |
| Previous Owner | Bastasch Frank J | $1,550,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2022 07/15/22 | Rented | $17,000 | -10.5% | -- |
| 06/26/2022 06/26/22 | Under Contract | -- | -- | -- |
| 05/31/2022 05/31/22 | For Rent | $19,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $85,194 | $7,793,510 | $6,278,106 | $1,515,404 |
| 2024 | $85,194 | $7,640,697 | $6,155,006 | $1,485,691 |
| 2023 | $83,946 | $7,490,880 | $6,034,320 | $1,456,560 |
| 2022 | $79,651 | $7,344,000 | $5,916,000 | $1,428,000 |
| 2021 | $71,841 | $6,476,407 | $5,051,800 | $1,424,607 |
| 2020 | $70,869 | $6,410,000 | $5,000,000 | $1,410,000 |
| 2019 | $65,554 | $5,994,287 | $5,207,183 | $787,104 |
| 2018 | $65,128 | $5,876,753 | $5,105,082 | $771,671 |
| 2016 | $61,909 | $5,648,554 | $4,906,847 | $741,707 |
| 2015 | $61,288 | $5,563,708 | $4,833,142 | $730,566 |
| 2014 | $60,275 | $5,454,724 | $4,738,468 | $716,256 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Adlam
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV22116058
APN: 7542-041-015
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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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