$980,000
OPEN SUN 1PM - 4PM $20K PRICE DROP

Estimated payment $7,109/month

Total Views 6,124
2 Beds
2 Baths
1,476 Sq Ft
$664 Price per Sq Ft

Highlights

  • Ocean View
  • Golf Course Community
  • Spa
  • Mira Catalina Elementary School Rated A+
  • Fitness Center
  • Updated Kitchen

About This Home

Over $200K in high-end upgrades elevate this ground-level 2BD/2BA condo in Ocean Terrace, one of Rancho Palos Verdes’ premier coastal communities. This approx. 1,476 sq ft unit features a spacious primary suite with a custom walk-in closet, large bedroom area, and a beautifully renovated en-suite bath with a modern vanity and LED touchscreen mirror. The second bathroom is equally well-appointed. The remodeled kitchen includes quartz counters, GE Cafe appliances, and sleek cabinetry. A cozy wet bar nook in the living room, complete with a wine refrigerator, adds charm and convenience next to the fireplace. A rare oversized balcony spans the length of the living space, offering panoramic ocean and Catalina views, perfect for indoor-outdoor entertaining. Bonus flex area is ideal for a home office or gym. Ocean Terrace offers resort-style amenities including a pool, spa, tennis courts, fitness center, and clubhouse, all located near scenic trails, Trump National Golf Course, and Terranea Resort.

Listing Agent

Adela Randazzo

Keller Williams Realty Brokerage Phone: 310-480-7359 License #01954846 Listed on: 06/19/2025

Keller Williams Realty

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,660

Year Built

  • Built in 1974 | Remodeled

HOA Fees

  • $938 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • Ocean
  • Catalina

Interior Spaces

  • 1,476 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace
  • Dining Room
  • Vinyl Flooring

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Carport
  • Washer Hookup

Outdoor Features

  • Spa
  • Balcony
  • Open Patio
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31530
  • Assessor Parcel Number 7564020007
  • $941 per year additional tax assessments

Community Details

Overview

  • 100 Units
  • The Ocean Terrace Condominium Association, Phone Number (310) 541-8077
  • Gabriel Hipolito, Cmca, Ccam HOA
  • Property is near a preserve or public land

Amenities

  • Sauna
  • Clubhouse
  • Community Storage Space

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park
  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,660

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$938 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: RPRSIRPD*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7564020007
  • Year Built: 1974
  • Special Features: OpenHouse

Interior Features

  • Fireplace: Yes
  • Living Area: 1476.00 Square Feet
  • Interior Amenities: Balcony, Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 663.96
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Bathtub, Remodeled, Walk-In Shower
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Catalina, Golf Course, Ocean
  • Patio And Porch Features: Patio Open
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Carport, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Sauna, Tennis Court(s), Gym/Ex Room, Clubhouse, Storage
  • Association Fee: 938.37
  • Association Fee Frequency: Monthly
  • Association Name: The Ocean Terrace Condominium Association
  • Phone: (310) 541-8077
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Golf, Hiking, Preserve/Public Land, Sidewalks, Street Lights
  • Association Management: Gabriel Hipolito, CMCA, CCAM

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 242049.00
  • Lot Size Acres: 5.5567
  • Latitude Manual: 33.72733600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 242049.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6706.04
  • Tax Lot: 1
  • Tax Tract Number: 31530
  • TaxOtherAnnualAssessmentAmount: 941.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $9,660 $828,058 $395,086 $432,972
2024 $9,660 $811,823 $387,340 $424,483
2023 $9,521 $795,906 $379,746 $416,160
2022 $9,044 $780,300 $372,300 $408,000
2021 $7,186 $588,926 $268,334 $320,592
2020 $5,069 $394,187 $184,764 $209,423
2019 $4,925 $386,459 $181,142 $205,317
2018 $4,873 $378,883 $177,591 $201,292
2016 $4,623 $364,173 $170,696 $193,477
2015 $4,601 $358,703 $168,132 $190,571
2014 $4,545 $351,677 $164,839 $186,838
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Price Changed $980,000 -2.0% $664 / Sq Ft
06/19/2025 06/19/25 For Sale $999,999 +30.7% $678 / Sq Ft
12/08/2020 12/08/20 Sold $765,000 -1.3% $557 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $775,000 0.0% $564 / Sq Ft
06/01/2012 06/01/12 Rented $2,300 -2.1% --
05/08/2012 05/08/12 Under Contract -- -- --
04/19/2012 04/19/12 For Rent $2,350 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $765,000 Progressive Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $275,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $612,000 New Conventional
Previous Owner $270,000 Unknown
Previous Owner $192,500 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25133076

California Regional Multiple Listing Service (CRMLS)

APN: 7564-020-007