NOT LISTED FOR SALE

Estimated Value: $2,861,000 - $3,399,000

3 Beds
2.5 Baths
2,837 Sq Ft
$1,129/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $2,625,000 $925 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $19,950/month

32 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Fireplace in Primary Bedroom
  • Montemalaga Elementary School Rated A+
  • Primary Bedroom Suite
  • Contemporary Architecture

About This Home

As of November 2023

Nestled in the prestigious enclave of Lower Malaga Cove with panoramic ocean views, this home has been recently remodeled to exude timeless elegance and modern sophistication. This captivating residence invites you to experience the epitome of luxury living, boasting panoramic ocean and coastline views from multiple vantage points. Upon entering the foyer, you'll be greeted by abundant natural light streaming through oversized windows and new skylights illuminating the spacious, open-concept living area. A cozy fireplace anchors the living room and has high ceilings, a bar area, and multiple sliders leading outdoors. Warm wood-inspired floors underfoot seamlessly flow into the dining room, creating the perfect space for entertaining guests, while the large picture window allows a stunning view of the coastline. The heart of the home is the recently remodeled gourmet kitchen. This kitchen is a chef's dream come true and is adorned with new top-of-the-line appliances, crisp white cabinetry, and Quartz countertops. For a more casual dining option, the breakfast bar offers a place to watch the kitchen activity. Adjacent to the kitchen is a cozy family room with sliders open to an outdoor patio, perfect for a morning coffee. The upper level offers three spacious bedrooms: a luxurious primary suite with a private balcony overlooking the ocean, a fireplace, and a roomy walk-in closet. The en-suite remodeled bathroom is a spa-like retreat featuring dual vanities, a soaking tub, and a separate shower. Each additional bedroom is generously sized, providing ample space for family or guests. The additional bathroom on the upper level has been remodeled with designer finishes and light fixtures. Newly installed skylights bring an abundance of light into the home. Also on the upper level is an open-concept home office with built-in shelves and Queen’s necklace views. Elevated from the street level to capture the breathtaking views, the home also offers a direct-access two-car garage, a pad for extra parking, a dedicated laundry room, and a back patio for entertaining. Lower Malaga Cove is renowned for its serene ambiance and proximity to the Plaza, picturesque parks, hiking trails, and coastal access.

Last Agent to Sell the Property

Cari Corbalis

Vista Sotheby’s International Realty License #00850678 Listed on: 09/13/2023

Vista Sotheby’s International Realty

Co-Listed By

Brittney Austin

Vista Sotheby’s International Realty License #01799654

Last Buyer's Agent

Shawn Nejad

Vista Sotheby's International Realty License #01084309

Vista Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,427

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 0.27 Acre Lot
  • Fenced
  • Stucco Fence
  • Lot Sloped Down

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • Ocean
  • Coastline
  • Panoramic

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Tile Roof

Interior Spaces

  • 2,837 Sq Ft Home
  • 3-Story Property
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Bathtub

Additional Features

  • Concrete Porch or Patio
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 6886
  • Assessor Parcel Number 7540012029

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,427

Year Built

Built in 1976 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540012029
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2837.00 Square Feet
  • Stories: 3
  • Entry Location: West
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 2
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 925.27
  • Room Type: All Bedrooms Up, Primary Suite
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Coastline, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Golf, Hiking, Watersports

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Land Lease: No
  • Lot Features: Sloped Down
  • Lot Size Sq Ft: 11973.00
  • Lot Size Acres: 0.2749

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11973.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 6886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Oct 24, 2023
Sold by
Treynor Living Trust
Bought by
Talkhooncheh Nasser and Iraninejad Afsaneh
Seller's Agent
Cari Corbalis
Vista Sotheby’s International Realty
Buyer's Agent
Shawn Nejad
Vista Sotheby's International Realty
List Price
$2,798,000
Sold Price
$2,625,000
Premium/Discount to List
-$173,000
-6.18%
Views
83
Current Estimated Value
$3,202,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,080
Avg. Annual Appreciation
11.88%
Original Mortgage
$1,575,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2012
Sold by
Treynor Jack Lawrence and Treynor Elizabeth Glassmeyer
Bought by
Treynor Jack Lawrence and Treynor Elizabeth Glassmeyer

Purchase Details

Closed on
Aug 26, 2010
Sold by
Treynor Jack Lawrence and Treynor Elizabeth Glassmeyer
Bought by
Treynor Jack Lawrence and Treynor Elizabeth Glassmeyer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,500
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2010
Sold by
Treynor Jack Lawrence and Treynor Elizabeth Glassmeyer
Bought by
Treynor Jack Lawrence and Treynor Elizabeth Glassmeyer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,500
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2009
Sold by
Treynor Jack Lawrence and Treynor Elizabeth Glassmeyer
Bought by
Treynor Jack Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,500
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2009
Sold by
Treynor Jack Lawrence and Treynor Elizabeth Glassmeyer
Bought by
Treynor Jack Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,500
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2005
Sold by
Treynor Jack Lawrence and Treynor Elizabeth Glassmeyer
Bought by
Treynor Jack Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,333
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 25, 2004
Sold by
Treynor Jack Lawrence and Treynor Elizabeth Glassmeyer
Bought by
Treynor Jack Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$839,000
Interest Rate
5.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 28, 2003
Sold by
Treynor Jack Lawrence and Treynor Elizabeth Glassmeyer
Bought by
Treynor Jack Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 18, 2002
Sold by
Treynor Jack Lawrence and Treynor Elizabeth Glassmeyer
Bought by
Treynor Jack Lawrence and Treynor Elizabeth Glassmeyer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,750
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Talkhooncheh Nasser $2,625,000 First American Title Insurance
Treynor Jack Lawrence -- Accommodation
Treynor Jack Lawrence -- Orange Coast Title
Treynor Jack Lawrence -- Accommodation
Treynor Jack Lawrence -- Advantage Title Inc
Treynor Jack Lawrence -- Accommodation
Treynor Jack Lawrence -- Chicago Title
Treynor Jack Lawrence -- --
Treynor Jack Lawrence -- Progressive Title Co Inc
Treynor Jack Lawrence -- American Coast Title
Treynor Jack Lawrence -- --
Treynor Jack Lawrence -- Chicago Title Co
Treynor Jack Lawrence -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Talkhooncheh Nasser $1,575,000
Previous Owner Treynor Elizabeth Glassmeyer $586,600
Previous Owner Treynor Elizabeth Glassmeyer $586,600
Previous Owner Treynor Jack Lawrence $729,500
Previous Owner Treynor Jack Lawrence $729,500
Previous Owner Treynor Jack Lawrence $836,333
Previous Owner Treynor Jack Lawrence $839,000
Previous Owner Treynor Jack Lawrence $845,000
Previous Owner Treynor Jack Lawrence $845,000
Previous Owner Treynor Jack Lawrence $843,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $2,625,000 -2.7% $925 / Sq Ft
10/15/2023 10/15/23 Pending -- -- --
10/08/2023 10/08/23 Price Changed $2,698,000 -3.6% $951 / Sq Ft
09/13/2023 09/13/23 For Sale $2,798,000 -- $986 / 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 $30,427 $2,677,500 $1,897,608 $779,892
2024 $30,427 $2,625,000 $1,860,400 $764,600
2023 $11,961 $976,175 $585,712 $390,463
2022 $11,405 $957,035 $574,228 $382,807
2021 $11,440 $938,270 $562,969 $375,301
2020 $11,298 $928,650 $557,197 $371,453
2019 $10,983 $910,442 $546,272 $364,170
2018 $10,856 $892,591 $535,561 $357,030
2016 $10,298 $857,932 $514,765 $343,167
2015 $10,580 $845,046 $507,033 $338,013
2014 $10,039 $828,493 $497,101 $331,392
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23120973

California Regional Multiple Listing Service (CRMLS)

APN: 7540-012-029