$856,000 - $950,000
RENTED JUL 23, 2024

29600 Island View Dr Unit 305 Rancho Palos Verdes, CA 90275

2 Beds
2 Baths
1,396 Sq Ft
0.85 Acres

Highlights

  • Ocean View
  • In Ground Pool
  • Updated Kitchen
  • Vista Grande Elementary Rated A+
  • No Units Above
  • 0.85 Acre Lot

About This Home

As of July 2024

VIEW VIEW VIEW!!! Welcome to the Island View Terraces. Gorgeous Panoramic Ocean, Malibu, Channel Islands, Mountain, and Canyon Views from this 2 bedrooms, plus OFFICE/den (POSSIBLE 3rd BEDROOM) penthouse unit. Beautiful hardwood and laminate floors, vaulted ceilings, crown molding, cozy gas burning fireplace, built-in cabinetry, and walk-in closet. Nicely remodeled kitchen with shaker cabinets and new counters. Remodeled Bathrooms with quartz counters and smart mirror. The INSIDE UNIT LAUNDRY also makes it convenient for everyday living. Other features include a spacious balcony with amazing views, 2 side by side parking spots, #43 & #44, very close to the elevator, in the SECURED BUILDING & GARAGE, and additional huge storage area. Community Swimming Pool, Spa and Meeting Room. Awesome location is at the end of a cul-de-sac and away from the street noise. Enjoy the nearby hiking trails, lush parks, grocery store, Award Winning Palos Verdes Schools, and easy access on and off the hill.

Last Agent to Rent the Property

Alicia Enrique

Keller Williams Palos Verdes Brokerage Phone: 310-720-4852 License #01423992 Listed on: 07/11/2024

Keller Williams Palos Verdes

Last Renter's Agent

Alicia Enrique

Keller Williams Palos Verdes Brokerage Phone: 310-720-4852 License #01423992 Listed on: 07/11/2024

Keller Williams Palos Verdes

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,817

Year Built

  • Built in 1974

Lot Details

  • No Units Above
  • Two or More Common Walls
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side by Side Parking
  • Automatic Gate

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Canyon
  • Neighborhood

Home Design

  • Turnkey

Interior Spaces

  • 1,396 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • <<tubWithShowerToken>>
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Additional Features

  • Property is near a park
  • Central Heating

Listing and Financial Details

  • Security Deposit $4,500
  • Rent includes sewer, trash collection
  • Available 7/11/23
  • Tax Lot 1
  • Tax Tract Number 30540
  • Assessor Parcel Number 7583023037

Community Details

Overview

  • Property has a Home Owners Association
  • $200 HOA Transfer Fee
  • 28 Units

Amenities

  • Trash Chute

Recreation

  • Community Pool
  • Community Spa

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,817

Year Built

Built in 1974

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-07-11
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 4500
  • Furnished: Unfurnished
  • Total Move In Costs: 9200.00
  • Transfer Fees: 200.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Inclusions: Refrigerator, washer, and dryer
  • Property Attached: Yes
  • Security: Automatic Gate
  • View: Yes
  • Zoning: RPRM3600*
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7583023037
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1396.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Cathedral Ceiling(s), Living Room Balcony, Storage, Trash Chute
  • Stories: 1
  • Entry Location: Penthouse
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, Dining Room, Separated
  • Entry Level: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.22
  • Room Type: Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Spa Features: Association, Community, Heated, In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Remodeled
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • View: Canyon, City Lights, Neighborhood, Ocean, Panoramic
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Side by Side, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Park Nearby
  • Lot Size Sq Ft: 37175.00
  • Lot Size Acres: 0.8534
  • Latitude Manual: 33.76479800

Multi Family

  • First Repairs: 85
  • Insurance Water Furniture: Yes
  • Lot Size Area: 37175.0000 Square Feet
  • Number Of Units In Community: 28
  • Number Of Units Total: 1
  • Rent Includes: Sewer, Trash Collection

Tax Info

  • Tax Census Tract: 6704.13
  • Tax Lot: 1
  • Tax Tract Number: 30540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2006
Sold by
Falatoon Vida
Bought by
Island View Llc
Current Estimated Value
$901,257

Purchase Details

Closed on
Apr 29, 2004
Sold by
Falatoon Vida
Bought by
Falatoon Vida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
7.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2003
Sold by
The Abdul K Falatoun Living Trust
Bought by
Falatoon Vida

Purchase Details

Closed on
Jan 13, 2003
Sold by
Falatoun Abdul K
Bought by
The Abdul K Falatoun Living Trust

Purchase Details

Closed on
Jun 28, 2002
Sold by
Falatoun Abdul K
Bought by
The Abdul K Falatoun Living Trust

Purchase Details

Closed on
Nov 1, 2001
Sold by
Falatoun Abdul
Bought by
Falatoun Vida

Purchase Details

Closed on
Aug 29, 1996
Sold by
Falatoun Jina
Bought by
Falatoun Abdul K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.59%

Purchase Details

Closed on
Jul 8, 1996
Sold by
Ross Dean M
Bought by
Falatoun Abdul K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.59%
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
Island View Llc -- None Available
Falatoon Vida -- Lawyers Title
Falatoon Vida -- --
The Abdul K Falatoun Living Trust -- --
The Abdul K Falatoun Living Trust -- --
Falatoun Vida -- --
Falatoun Abdul K -- Continental Lawyers Title Co
Falatoun Abdul K $190,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falatoon Vida $455,000
Previous Owner Falatoon Vida $206,000
Previous Owner Falatoun Abdul Karim $180,000
Previous Owner Falatoun Abdul K $175,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Rented $4,500 0.0% --
07/18/2024 07/18/24 Under Contract -- -- --
07/11/2024 07/11/24 For Rent $4,500 +7.1% --
06/10/2023 06/10/23 Off Market $4,200 -- --
06/10/2023 06/10/23 For Rent $4,200 0.0% --
06/02/2023 06/02/23 Off Market $4,200 -- --
06/01/2023 06/01/23 Rented $4,000 -4.8% --
02/08/2023 02/08/23 For Rent $4,200 +50.0% --
08/01/2016 08/01/16 Rented $2,800 0.0% --
07/07/2016 07/07/16 Price Changed $2,800 -3.4% $2 / Sq Ft
06/14/2016 06/14/16 For Rent $2,900 +9.4% --
01/31/2015 01/31/15 Rented $2,650 -11.7% --
01/01/2015 01/01/15 Under Contract -- -- --
11/03/2014 11/03/14 For Rent $3,000 +20.0% --
12/01/2012 12/01/12 Rented $2,500 -3.8% --
11/30/2012 11/30/12 Under Contract -- -- --
11/07/2012 11/07/12 For Rent $2,600 -- --
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
2024 $9,817 $820,935 $551,670 $269,265
2023 $9,678 $804,839 $540,853 $263,986
2022 $9,193 $789,059 $530,249 $258,810
2021 $8,808 $741,900 $500,500 $241,400
2019 $8,367 $714,500 $482,000 $232,500
2018 $7,789 $651,400 $439,400 $212,000
2016 $6,375 $530,000 $357,500 $172,500
2015 $6,139 $504,000 $340,000 $164,000
2014 $6,679 $552,000 $372,000 $180,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV24133535

California Regional Multiple Listing Service (CRMLS)

APN: 7583-023-037