P
Seller's Agent in 2022
Pin-nan Chen
AMAX REALTY
(626) 573-0878
1 in this area
7 Total Sales
53 Paseo Del la Luz Rancho Palos Verdes, CA 90275
Estimated Value: $5,906,173 - $7,151,000
5
Beds
5.5
Baths
6,994
Sq Ft
$947/Sq Ft
Est. Value
Highlights
- Ocean View
- Dance Studio
- In Ground Pool
- Mira Catalina Elementary School Rated A+
- 24-Hour Security
- 0.62 Acre Lot
About This Home
As of August 2022Welcome to 53 Paseo Del La Luz, located within the prestigious Oceanfront Estates, a premiere ocean front community in Rancho Palos Verdes. This property sits on one of the highest points in the community, overlooking the glistening Pacific Ocean and the beautiful Catalina Island. With 24-hour security, Boasting an impressive floor plan, this home spans 6,994 SF, providing you with an incredible reception area for hosting get-togethers, a considerable dining room, multiple living rooms, a gourmet kitchen, a family room, and a detached four-car garage. Upstairs, the outdoor patio provides a great casual space for entertaining guests while enjoying the ocean view. Not to mention, this home features a luxurious master suite with a fireplace and its very own private balcony, 4 bedroom suites, an indoor wet bar, gym, and a built-in entertainment center. Two grand staircases lead to three sets of pristine French doors, revealing an alluring scene straight out of a resort, complete with a custom salt pool, a Jacuzzi spa, a cozy fire pit, and an outdoor kitchen with a bar. Your friends and family can enjoy an amazing night out, without ever leaving the comfort of your home. Nearby, This sprawling Mediterranean-style manor strikes the perfect balance between palatial elegance and resort style living. Must be hurry, This is an opportunity to indulge in paradise, so don’t let it slip away from you!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $62,013
Year Built
- Built in 2000
Lot Details
- 0.62 Acre Lot
- Property fronts a private road
- Brick Fence
- Lot Has A Rolling Slope
- Front and Back Yard Sprinklers
- Private Yard
- Back and Front Yard
- Property is zoned RPRS
HOA Fees
- $500 Monthly HOA Fees
Parking
- 4 Car Attached Garage
- Parking Available
- Front Facing Garage
- Two Garage Doors
Property Views
- Ocean
- Bay
- Catalina
- Pool
Home Design
- Mediterranean Architecture
- Turnkey
- Tile Roof
Interior Spaces
- 6,994 Sq Ft Home
- 2-Story Property
- Wet Bar
- Central Vacuum
- Dual Staircase
- Bar
- Gas Fireplace
- Double Door Entry
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room
- Home Office
- Library
- Bonus Room
- Game Room
- Dance Studio
- Home Gym
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Double Oven
- Gas Oven
- Gas Cooktop
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Walk-In Closet
- Maid or Guest Quarters
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
Home Security
- Home Security System
- Fire and Smoke Detector
- Fire Sprinkler System
Pool
- In Ground Pool
- Heated Spa
- In Ground Spa
- Gas Heated Pool
- Pool Cover
- Permits for Pool
Outdoor Features
- Balcony
- Fire Pit
- Outdoor Grill
- Rain Gutters
Utilities
- High Efficiency Air Conditioning
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 47
- Tax Tract Number 46628
- Assessor Parcel Number 7582003022
Community Details
Overview
- Oceanfront Estates HOA, Phone Number (310) 972-9999
Additional Features
- Laundry Facilities
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 1, 2025
Sold by
Lin Caroline
Bought by
Lin Eho
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
$3,000,000
Outstanding Balance
$3,000,000
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$3,509,995
Purchase Details
Closed on
Jun 8, 2022
Sold by
Chen Binhui
Bought by
Lin Eho
Purchase Details
Closed on
Jul 18, 2011
Sold by
Sandler Robert A and Sandler Susan Rule
Bought by
Chen Binhui
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 29, 2004
Sold by
Hartenstein Eddy W and Hartenstein Catherine M
Bought by
Sandler Robert A and Sandler Susan Rule
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,177,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 19, 2001
Sold by
Makallon Rpv Associates Llc
Bought by
Hartenstein Eddy W and Hartenstein Catherine M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.25%
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 |
|---|---|---|---|
| Lin Eho | -- | First American Title Company | |
| Lin Eho | $5,472,000 | Provident Title | |
| Chen Binhui | $3,650,000 | Progressive Title Co | |
| Sandler Robert A | $3,350,000 | California Title Company | |
| Hartenstein Eddy W | $2,669,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lin Eho | $3,000,000 | |
| Previous Owner | Chen Binhui | $1,999,000 | |
| Previous Owner | Chen Binhui | $1,999,000 | |
| Previous Owner | Sandler Robert A | $2,177,500 | |
| Previous Owner | Sandler Robert A | $2,177,500 | |
| Previous Owner | Hartenstein Eddy W | $2,300,000 | |
| Previous Owner | Hartenstein Eddy W | $1,100,000 | |
| Closed | Hartenstein Eddy W | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2022 08/12/22 | Sold | $5,760,000 | -8.4% | $824 / Sq Ft |
| 04/25/2022 04/25/22 | For Sale | $6,288,000 | +9.2% | $899 / Sq Ft |
| 04/24/2022 04/24/22 | Off Market | $5,760,000 | -- | -- |
| 11/11/2021 11/11/21 | Price Changed | $6,288,000 | +6.9% | $899 / Sq Ft |
| 07/08/2021 07/08/21 | For Sale | $5,880,000 | +2.1% | $841 / Sq Ft |
| 06/15/2021 06/15/21 | Off Market | $5,760,000 | -- | -- |
| 12/28/2020 12/28/20 | For Sale | $5,880,000 | -- | $841 / Sq Ft |
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 | $62,013 | $5,693,068 | $3,612,268 | $2,080,800 |
| 2024 | $62,013 | $5,581,440 | $3,541,440 | $2,040,000 |
| 2023 | $61,065 | $5,472,000 | $3,472,000 | $2,000,000 |
| 2022 | $47,008 | $4,320,173 | $2,544,760 | $1,775,413 |
| 2021 | $46,889 | $4,235,464 | $2,494,863 | $1,740,601 |
| 2019 | $44,814 | $4,109,840 | $2,420,865 | $1,688,975 |
| 2018 | $44,477 | $4,029,256 | $2,373,398 | $1,655,858 |
| 2016 | $42,221 | $3,872,797 | $2,281,237 | $1,591,560 |
| 2015 | $41,982 | $3,814,625 | $2,246,971 | $1,567,654 |
| 2014 | $41,367 | $3,739,902 | $2,202,956 | $1,536,946 |
Source: Public Records
Agents Affiliated with this Home
-
Pin-nan Chen
-
NoEmail NoEmail
N
Buyer's Agent in 2022
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
8 in this area
5,873 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS20263409
APN: 7582-003-022
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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