NOT LISTED FOR SALE

Estimated Value: $2,740,000 - $3,316,859

4 Beds
4 Baths
2,305 Sq Ft
$1,290/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $2,590,000 $1,124 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $19,111/month

15 Days on Market

Highlights

  • White Water Ocean Views
  • Main Floor Primary Bedroom
  • Granite Countertops
  • Montemalaga Elementary School Rated A+
  • Bonus Room
  • Lawn

About This Home

As of March 2024

This exceptional home is located in the heart of Malaga Cove and offers amazing panoramic OCEAN VIEWS! Be part of the prestigious Palos Verdes Estates community and enjoy this desirable coastal lifestyle. This property boasts four bedrooms and four bathrooms. The entry of this beautiful home starts on the second floor and opens up into the living room with grand white water views of the Pacific Ocean. The second floor hosts the Main bedroom/ en-suite bathroom, Second bedroom, Living room, kitchen, office, and guest bathroom. Enjoy a warm cup of coffee in the mornings and in the evenings partake in a glass of wine while you relish in the view of the ocean from the large balcony. Bottom level of this home provides two more guest bedrooms, family room, two more bathrooms, indoor laundry area, and spa room. Backyard has expansive tiled patio, two fruit-bearing avocado trees, a fruit-bearing kumquat tree, and another amazing view of the ocean!

Last Agent to Sell the Property

REUBEN STADLER

California Pacific Residential Realty License #02165169 Listed on: 01/02/2024

Last Buyer's Agent

Ching Louie

Louie Properties, Inc. License #00938644

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,806

Year Built

  • Built in 1953

Lot Details

  • 6,408 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Lawn
  • Back and Front Yard
  • Property is zoned PVR1*

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic

Home Design

  • Stucco

Interior Spaces

  • 2,305 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Bonus Room
  • Storage

Kitchen

  • Gas Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas And Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • 220 Volts For Spa
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Living Room Balcony

Listing and Financial Details

  • Legal Lot and Block 12 / 1412
  • Tax Tract Number 6886
  • Assessor Parcel Number 7540008011

Community Details

Recreation

  • Hiking Trails

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,806

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Refrigerator, Oven, Microwave, and Stove range.
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540008011
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2305.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, Living Room Balcony, Storage, Unfurnished
  • Stories: 2
  • Entry Location: Front door
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: In Living Room
  • Entry Level: 2
  • Fireplace Features: Family Room, Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1123.64
  • Room Type: Bonus Room, Family Room, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Office, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Remodeled, Walk-In Shower

Exterior Features

  • View: Coastline, Ocean, Panoramic, Water, White Water
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Gas Oven, Gas Range, Gas Water Heater, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan
  • Electric: 220 Volts For Spa, 220 Volts in Laundry, Standard
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Sprinkler System
  • Lot Size Sq Ft: 6408.00
  • Lot Size Acres: 0.1471
  • Latitude Manual: 33.79847300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6408.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1412
  • Tax Census Tract: 6703.24
  • Tax Lot: 12
  • Tax Tract Number: 6886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2024
Sold by
Lin Christopher Chi-Ching and Lee Leck
Bought by
Lin Christopher Chi-Ching and Lee Leck
Total Days on Market
15
Current Estimated Value
$2,973,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$756,405
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$2,216,810

Purchase Details

Listed on
Jan 2, 2024
Closed on
Jan 25, 2024
Sold by
Jost Land Trust
Bought by
Lin Chris and Lee Leek
Seller's Agent
REUBEN STADLER
California Pacific Residential Realty
Buyer's Agent
Ching Louie
Louie Properties, Inc.
List Price
$2,699,000
Sold Price
$2,590,000
Premium/Discount to List
-$109,000
-4.04%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$766,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2021
Sold by
Joaquin Benjamin C
Bought by
Jost Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.56%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Lin Christopher Chi-Ching -- None Listed On Document
Lin Christopher Chi-Ching -- None Listed On Document
Lin Chris $2,589,090 Western Resources Title Compan
Jost Land Trust -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Christopher Chi-Ching $760,000
Closed Lin Christopher Chi-Ching $760,000
Previous Owner Lin Chris $766,000
Previous Owner Jost Land Trust $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $2,590,000 -4.0% $1,124 / Sq Ft
01/02/2024 01/02/24 For Sale $2,699,000 -- $1,171 / 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 $29,806 $2,585,394 $1,768,680 $816,714
2023 $29,309 $2,534,700 $1,734,000 $800,700
2022 $11,044 $887,037 $564,846 $322,191
2021 $11,059 $869,645 $553,771 $315,874
2020 $10,915 $860,729 $548,093 $312,636
2019 $10,616 $843,853 $537,347 $306,506
2018 $10,503 $827,308 $526,811 $300,497
2016 $9,958 $795,184 $506,355 $288,829
2015 $9,849 $783,241 $498,750 $284,491
2014 $9,707 $767,900 $488,981 $278,919
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV24000659

California Regional Multiple Listing Service (CRMLS)

APN: 7540-008-011