$1,290,000
SOLD APR 3, 2025
3 Beds
2 Baths
1,527 Sq Ft
$1,052/mo HOA Fee

Recently Sold

$845 Per Sq Ft

1% Above List Price

11 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • On Golf Course
  • Mira Catalina Elementary School Rated A+
  • Property has ocean access
  • Fitness Center

About This Home

As of April 2025

Welcome to Ocean Terrace, where resort-style living meets everyday luxury. Experience the feeling of a permanent vacation as you take in the breathtaking panoramic views of the ocean, Palos Verdes shoreline, Catalina Island, a prestigious national 18-hole golf course, and spectacular sunsets. Original owner, first time on market, this beautifully remodeled 3-bedroom, 2-bath condo, Unit 204, is located in the oceanfront building, offering southwest exposure for optimal California sunshine and unobstructed vistas. As you enter, you’re greeted by jaw-dropping views and an open floorplan perfect for entertaining. The spacious deck provides an ideal setting for enjoying an evening glass of wine while watching the sunset or sipping your morning coffee as pelicans glide by and sailboats head to sea. The expansive living room features recessed lighting, a modern gas fireplace with marble hearth and a spacious dining area, all with dynamic views. The kitchen is a chef’s delight with white cabinetry, high-end appliances, designer tile backsplash and quartz countertops. Smooth ceilings, wide crown moldings, and gorgeous destressed wood flooring in the main living areas enhance the beachy, elegant ambiance throughout. The Primary Suite opens to the patio, showcasing stunning views and features a walk-in closet with custom organizers. The second bedroom is bright and airy, while the third bedroom is currently used as an office. Both bathrooms have neutral marble countertops, upgraded finishes with full-sized mirrors. This turnkey, gorgeous home offers an unparalleled lifestyle. Ocean Terrace amenities include a spacious swimming pool, jacuzzi, two tennis courts, a pickleball/paddle tennis court, shuffleboard, a fitness center, sauna, billiard room, and a recreation room with a large screen TV, kitchen, and restrooms. Additionally, enjoy scenic hiking trails along the ocean bluff. Indulge in the magnificent views and unforgettable sunsets from your slice of paradise along the Palos Verdes coastline!

Last Agent to Sell the Property

Sharon McHale

Estate Properties Brokerage Phone: 310-940-1516 License #01214227 Listed on: 03/01/2025

Last Buyer's Agent

Tae Ki Kim

California Bridge Realty License #02071820

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,234

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • Beach Front
  • On Golf Course
  • Two or More Common Walls
  • Cul-De-Sac

HOA Fees

  • $1,052 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Storage or Cabinetry
  • Parking Available
  • Garage Door Opener
  • Guest Parking
  • Parking Lot
  • Controlled Entrance

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Bluff
  • Pool

Interior Spaces

  • 1,527 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Entryway
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • L-Shaped Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

Pool

  • Gunite Pool
  • Spa

Outdoor Features

  • Property has ocean access
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31530
  • Assessor Parcel Number 7564020063

Community Details

Overview

  • 100 Units
  • Ocean Terrace Association, Phone Number (310) 541-8077
  • Associa HOA
  • Maintained Community
  • Property is near a preserve or public land

Amenities

  • Sauna
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Meeting Room
  • Recreation Room
  • Community Storage Space

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Sport Court
  • Ping Pong Table
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,234

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$1,052 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: RPRSIRPD*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7564020063
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1527.00 Square Feet
  • Interior Amenities: Crown Molding, Elevator, Granite Counters, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Storage, Unfurnished
  • Stories: 3
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Accessibility Features: No Interior Steps, See Remarks
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Ell
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 844.79
  • Room Type: Dressing Area, Entry, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Spa Features: Community
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower In Tub, Double Sinks In Bath(s), Exhaust Fan(s), Granite Counters, Linen Closet/Storage, Remodeled, Upgraded, Vanity Area
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • View: Catalina, Coastline, Golf Course, Ocean, Panoramic, Pool, Water, White Water
  • Pool Features: Community, Gunite
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Built-In Storage, Controlled Entrance, Garage, Garage Door Opener, Guest, Parking Space, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, In Closet, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Sauna, Dog Park, Tennis Court(s), Paddle Tennis, Sport Court, Gym/Ex Room, Clubhouse, Billiard Room, Banquet Facilities, Recreation Room, Meeting Room, Storage, Maintenance Grounds, Trash, Sewer, Water, Pets Permitted, Management, Controlled Access
  • Association Fee: 1052.11
  • Association Fee Frequency: Monthly
  • Association Name: Ocean Terrace
  • Phone: 310-541-8077
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Golf, Hiking, Gutters, Park, Watersports, Preserve/Public Land, Sidewalks, Street Lights, Suburban
  • Association Management: Associa

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Bluff, Cul-De-Sac, On Golf Course, Secluded, Walkstreet
  • Lot Size Sq Ft: 242049.00
  • Lot Size Acres: 5.5567

Multi Family

  • Lease Considered: No
  • Lot Size Area: 242049.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Sea Front

Tax Info

  • Tax Census Tract: 6706.04
  • Tax Lot: 1
  • Tax Tract Number: 31530

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2025
Closed on
Mar 14, 2025
Sold by
Brass Family Trust and Moungian John
Bought by
Lee Byoung Gon
Seller's Agent
Sharon McHale
Estate Properties
Buyer's Agent
Tae Ki Kim
California Bridge Realty
List Price
$1,275,000
Sold Price
$1,290,000
Premium/Discount to List
$15,000
1.18%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.14%

Purchase Details

Closed on
May 16, 2014
Sold by
Brass Alyn S
Bought by
Brass Alyn S and The Brass Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,500
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 19, 2012
Sold by
Brass Alyn S
Bought by
Brass Alyn S and The Brass Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,675
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2010
Sold by
Brass Alyn S
Bought by
Brass Alyn S and Brass Gloria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,600
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 1998
Sold by
Brass Alyn S
Bought by
Brass Alyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
7.06%

Purchase Details

Closed on
Mar 19, 1998
Sold by
Brass Alyn S Tr Alyn S Brass Trust
Bought by
Brass Alyn S and Brass Gloria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
7.06%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,290,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $650,000 Construction
Previous Owner $260,500 Adjustable Rate Mortgage/ARM
Previous Owner $237,675 New Conventional
Previous Owner $218,600 New Conventional
Previous Owner $215,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $227,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Pending -- -- --
07/24/2025 07/24/25 Off Market $1,580,000 -- --
04/03/2025 04/03/25 Sold $1,290,000 +1.2% $845 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
03/01/2025 03/01/25 For Sale $1,275,000 -- $835 / 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
2024 $2,234 $173,140 $57,934 $115,206
2023 $2,207 $169,747 $56,799 $112,948
2022 $2,108 $166,420 $55,686 $110,734
2021 $2,092 $163,158 $54,595 $108,563
2019 $2,007 $158,321 $52,977 $105,344
2018 $1,970 $155,218 $51,939 $103,279
2016 $1,870 $149,192 $49,923 $99,269
2015 $1,877 $146,952 $49,174 $97,778
2014 $1,860 $144,074 $48,211 $95,863
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25038486

California Regional Multiple Listing Service (CRMLS)

APN: 7564-020-063