$2,280,000
SOLD MAY 23, 2025
3 Beds
2 Baths
2,100 Sq Ft
7,026 Sq Ft Lot

Recently Sold

$1,086 Per Sq Ft

16% Below List Price

34 Days on Market

Highlights

  • White Water Ocean Views
  • High Ceiling
  • Double Door Entry
  • Montemalaga Elementary School Rated A+
  • No HOA
  • Open to Family Room

About This Home

As of May 2025

This Palos Verdes Estates home offers a unique and rare opportunity to customize it to be your dream home. Experience the breath taking natural beauty that encompasses it. Boasting an incredible Queen’s Necklace and ocean view, it provides panoramic vistas that stretch from the Pacific Ocean to the glittering lights of the coastline. The design features large windows in the living and family rooms that invite the outside in, flooding the home with natural light while showcasing the spectacular views. The outdoor spaces are equally attractive, with a beautiful red brick patio that offers ample space for entertaining or simply relaxing in the tranquility of this exclusive neighborhood. Located in the highly sought-after Malaga Cove neighborhood of Palos Verdes Estates, this home offers both privacy and convenience, with easy access to world-class amenities, top-rated schools, and picturesque coastal trails.

Last Agent to Sell the Property

Michelle Rimka

Vista Sotheby's International Realty Brokerage Phone: 310-738-0673 License #02003912 Listed on: 02/21/2025

Vista Sotheby's International Realty

Co-Listed By

Gerard Bisignano

Vista Sotheby’s International Realty Brokerage Phone: 310-738-0673 License #01116110

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,756

Year Built

  • Built in 1961

Lot Details

  • 7,026 Sq Ft Lot
  • Landscaped
  • Density is up to 1 Unit/Acre
  • Property is zoned PVR1*

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking

Property Views

  • White Water Ocean
  • Coastline
  • Mountain
  • Neighborhood

Home Design

  • Split Level Home
  • Fixer Upper
  • Spanish Tile Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Double Door Entry
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Brick Porch or Patio
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 9 / 1515
  • Tax Tract Number 6886
  • Assessor Parcel Number 7540012009

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,756

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540012009
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2100.00 Square Feet
  • Interior Amenities: High Ceilings
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: One, Multi/Split
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1085.71
  • Room Type: Family Room, Living Room
  • Bathroom Features: Shower In Tub, Double Sinks In Bath(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Coastline, Mountain(s), Neighborhood, Ocean, Water, White Water
  • Patio And Porch Features: Brick
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Driveway, Garage, Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Landscaped
  • Lot Size Sq Ft: 7026.00
  • Lot Size Acres: 0.1613

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7026.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1515
  • Tax Census Tract: 6703.24
  • Tax Lot: 9
  • Tax Tract Number: 6886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2025
Closed on
May 16, 2025
Sold by
Meadville Family Trust and Meadville James W
Bought by
Hong Michael and Sunglao Elizabeth J
Seller's Agent
Michelle Rimka
Vista Sotheby's International Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,699,000
Sold Price
$2,280,000
Premium/Discount to List
-$419,000
-15.52%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
718.78%
Original Mortgage
$2,108,000
Outstanding Balance
$2,108,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$589,665

Purchase Details

Closed on
Aug 25, 2022
Sold by
Meadville Joyce C
Bought by
Meadville Family Trust
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 $2,280,000 Fidelity National Title
Deed -- Weinstock Manion
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,108,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $2,280,000 -15.5% $1,086 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
02/21/2025 02/21/25 For Sale $2,699,000 0.0% $1,285 / Sq Ft
08/04/2015 08/04/15 Rented $3,950 0.0% --
08/04/2015 08/04/15 For Rent $3,950 -- --
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 $9,756 $736,799 $422,171 $314,628
2023 $9,533 $722,353 $413,894 $308,459
2022 $9,099 $708,190 $405,779 $302,411
2021 $9,117 $694,305 $397,823 $296,482
2020 $8,999 $687,186 $393,744 $293,442
2019 $8,759 $673,713 $386,024 $287,689
2018 $8,662 $660,504 $378,455 $282,049
2016 $8,210 $634,858 $363,760 $271,098
2015 $8,118 $625,322 $358,296 $267,026
2014 $8,004 $613,074 $351,278 $261,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV25038617

California Regional Multiple Listing Service (CRMLS)

APN: 7540-012-009