$645,000
SOLD FEB 7, 2025

5947 Armaga Spring Rd Unit L Rancho Palos Verdes, CA 90275

2 Beds
2 Baths
1,071 Sq Ft
$677/mo HOA Fee

Recently Sold

$602 Per Sq Ft

8% Below List Price

36 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • 4.95 Acre Lot
  • Montemalaga Elementary School Rated A+
  • Updated Kitchen
  • Quartz Countertops

About This Home

As of February 2025

Welcome to 5947 Armaga Spring Road #L, a beautifully updated single-level condo located in the desirable Armaga Springs HOA complex in the Crest area of Rancho Palos Verdes. This upper-level unit offers a modern and stylish living experience within a highly sought-after school district, including the convenience of Ridgecrest Intermediate School just one block away.
Thoughtfully remodeled a few years ago, the condo features newer vinyl flooring, updated kitchen and bathrooms, and newer pane windows and sliding doors that bathe the home in natural light. Step out onto your private balcony to enjoy the beautifully landscaped surroundings.
Additional features include an in-unit laundry area with closet space, a primary bedroom with a walk-in closet, and two side-by-side assigned parking spaces in the semi-subterranean carport, complete with two spacious storage bins.
Community amenities include a sparkling pool and built-in BBQ, perfect for relaxing or entertaining. The location is ideal, just a short five-minute drive to Peninsula Center Shopping, offering access to restaurants, a theater, hiking trails, and parks.
Combining comfort, style, and an unbeatable location, this property is perfect for families or individuals seeking an exceptional lifestyle in Rancho Palos Verdes. Don’t miss your chance to make it your own!

Last Agent to Sell the Property

Ed Kaminsky

eXp Realty of California, Inc Brokerage Phone: 310-427-2414 License #00958114 Listed on: 11/22/2024

eXp Realty of California, Inc

Co-Listed By

Callum Schelly

eXp Realty of California Inc Brokerage Phone: 310-427-2414 License #02128511

Last Buyer's Agent

Ed Kaminsky

eXp Realty of California, Inc Brokerage Phone: 310-427-2414 License #00958114 Listed on: 11/22/2024

eXp Realty of California, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,873

Year Built

  • Built in 1969

HOA Fees

  • $677 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,071 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Blinds
  • Family Room Off Kitchen
  • Formal Dining Room
  • Vinyl Flooring
  • Views of Woods

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31249
  • Assessor Parcel Number 7587009090
  • $908 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 98 Units
  • Armaga Springs HOA, Phone Number (310) 370-2696
  • Scott Management HOA
  • Maintained Community

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,873

Year Built

Built in 1969

Lot Details

0

HOA Fees

$677 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: RPRS10000*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7587009090
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1071.00 Square Feet
  • Interior Amenities: Built-in Features, Quartz Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Separated
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 602.24
  • Room Type: All Bedrooms Down
  • Window Features: Blinds
  • Bathroom Features: Shower In Tub, Quartz Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • View: Trees/Woods
  • Pool Features: Association, Community, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Range Hood, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Electric Dryer Hookup, In Closet, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Insurance, Maintenance Grounds, Trash, Sewer, Water
  • Association Fee: 677.00
  • Association Fee Frequency: Monthly
  • Association Name: Armaga Springs HOA
  • Phone: 310-370-2696
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Scott Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 215417.00
  • Lot Size Acres: 4.9453

Multi Family

  • Lease Considered: No
  • Lot Size Area: 215417.0000 Square Feet
  • Number Of Units In Community: 98
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.07
  • Tax Lot: 1
  • Tax Tract Number: 31249
  • TaxOtherAnnualAssessmentAmount: 908.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Jan 15, 2025
Sold by
Jin Xiaoyi
Bought by
Li Jingting
Seller's Agent
Ed Kaminsky
eXp Realty of California, Inc
Buyer's Agent
Ed Kaminsky
eXp Realty of California, Inc
List Price
$699,000
Sold Price
$645,000
Premium/Discount to List
-$54,000
-7.73%
Views
116
Current Estimated Value
$667,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,517
Avg. Annual Appreciation
4.88%
Original Mortgage
$355,000
Outstanding Balance
$352,554
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$314,963

Purchase Details

Listed on
Nov 22, 2024
Closed on
Jan 9, 2025
Sold by
Lee Sang-Uk
Bought by
Li Jingting
Seller's Agent
Ed Kaminsky
eXp Realty of California, Inc
Buyer's Agent
Ed Kaminsky
eXp Realty of California, Inc
List Price
$699,000
Sold Price
$645,000
Premium/Discount to List
-$54,000
-7.73%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Outstanding Balance
$352,554
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$314,963

Purchase Details

Listed on
Nov 22, 2024
Closed on
Dec 12, 2024
Sold by
Lee Sang-Uk and Lee Hyung Sook
Bought by
Lee Sang-Uk
Seller's Agent
Ed Kaminsky
eXp Realty of California, Inc
Buyer's Agent
Ed Kaminsky
eXp Realty of California, Inc
List Price
$699,000
Sold Price
$645,000
Premium/Discount to List
-$54,000
-7.73%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Outstanding Balance
$352,554
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$314,963

Purchase Details

Listed on
Jun 21, 2022
Closed on
Nov 28, 2022
Sold by
Lee Deok U
Bought by
Lee Hyung Sook
Seller's Agent
Peter Kappelos
Estate Properties
Buyer's Agent
Ismael Chavez
The Agency
List Price
$699,000
Sold Price
$630,000
Premium/Discount to List
-$69,000
-9.87%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.09%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Quit Claim Deed -- Chicago Title Company
Grant Deed $645,000 Chicago Title Company
Gift Deed -- Wfg National Title
Quit Claim Deed -- Consumers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $355,000 New Conventional
Previous Owner $450,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2025 02/07/25 Sold $645,000 -3.7% $602 / Sq Ft
12/28/2024 12/28/24 Pending -- -- --
12/13/2024 12/13/24 Price Changed $670,000 -4.1% $626 / Sq Ft
11/22/2024 11/22/24 For Sale $699,000 +11.0% $653 / Sq Ft
12/09/2022 12/09/22 Sold $630,000 +0.2% $588 / Sq Ft View Prior Sale
11/10/2022 11/10/22 Pending -- -- --
09/19/2022 09/19/22 Price Changed $629,000 -3.1% $587 / Sq Ft
08/28/2022 08/28/22 Price Changed $649,000 -3.0% $606 / Sq Ft
08/15/2022 08/15/22 Price Changed $669,000 -4.3% $625 / Sq Ft
06/21/2022 06/21/22 For Sale $699,000 0.0% $653 / Sq Ft
05/19/2021 05/19/21 Rented $2,750 0.0% --
05/08/2021 05/08/21 Price Changed $2,750 -3.5% $3 / Sq Ft
04/21/2021 04/21/21 For Rent $2,850 -- --
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 $7,873 $655,451 $464,538 $190,913
2024 $7,873 $642,600 $455,430 $187,170
2023 $7,759 $630,000 $446,500 $183,500
2022 $1,775 $84,953 $38,089 $46,864
2021 $1,738 $83,289 $37,343 $45,946
2019 $1,672 $80,821 $36,237 $44,584
2018 $1,633 $79,237 $35,527 $43,710
2016 $1,543 $76,162 $34,149 $42,013
2015 $1,551 $75,019 $33,637 $41,382
2014 $1,542 $73,551 $32,979 $40,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24239039

California Regional Multiple Listing Service (CRMLS)

APN: 7587-009-090