NOT LISTED FOR SALE

Estimated Value: $1,133,000 - $2,511,000

3 Beds
2.5 Baths
2,563 Sq Ft
2,461 Sq Ft Lot

Highlights

  • Beach Front
  • White Water Ocean Views
  • Updated Kitchen
  • Naples Bayside Academy Rated A
  • Property has ocean access
  • Open Floorplan

About This Home

As of December 2023

PENTHOUSE ON THE PENINSULA. This one-of-a-kind home on the sand will take your breath away. Built in 1985 and completely remodeled in 2023, this spacious 3-bedroom 3-bath home encompasses the top 2 floors of this building, affording it incomparable 180* ocean views from Palos Verdes to Seal Beach, Catalina Island, Queen Mary and DTLB skyline. Luxurious and unique best describe this home, from the moment you enter the private foyer and walk up an elegant winding staircase into the stunning state-of-the-art kitchen and open living room. The kitchen features brand new quartz counters, stainless Décor appliances, wine fridge, and island bar; the open living room has doors leading to an outdoor patio. A separate dining room (with unique elegant shell chandelier), a large recessed patio for al fresca dining, a den/media room, an office and a guest bath complete this 2nd level. On the 3rd level your will be amazed by the spacious and sumptuous primary bedroom suite, featuring a fireplace, sitting deck, wet bar, tons of closet (some cedar-lined) and built-in drawer space, huge private bath, and another recessed private patio. Two guest bedrooms and a shared full bath complete this top level. But, no matter where you are in this home, the VIEWS are the focal point and will AMAZE you. Whether its entertaining while cooking and watching pelicans fly by, relaxing in bed gazing at the sunset, or sitting on one of the patios or decks, you will be enchanted by the views. In addition to ocean, Catalina and downtown skyline views, other rooms offer views of Naples, Alamitos Bay, Mt. Baldy and Signal Hill. Garage includes 2 tandem parking spaces, storage place for beach/water toys, and elevator. This is a very unique home for those who want to live on the sand, entertain in style, and enjoy all that Peninsula living offers. Across the street from Alamitos Bay for water activities and walking distance to Belmont Shore, restaurants and water taxis to Downtown.

Last Agent to Rent the Property

Barbara Jones

Coldwell Banker Realty License #01756068 Listed on: 09/27/2023

Coldwell Banker Realty

Co-Listed By

Kathie Sitton

Compass License #00980073

Last Renter's Agent

Barbara Jones

Coldwell Banker Realty License #01756068 Listed on: 09/27/2023

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • Beach Front
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Tandem Garage
  • Two Garage Doors
  • Shared Driveway
  • Off-Street Parking

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Views of a pier
  • Catalina
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Entry on the 2nd floor
  • Turnkey

Interior Spaces

  • 2,563 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Bar
  • Recessed Lighting
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Updated Kitchen
  • Self-Closing Drawers and Cabinet Doors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Enclosed Patio or Porch

Utilities

  • Central Heating

Listing and Financial Details

  • Security Deposit $9,900
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 10/1/23
  • Tax Lot 1
  • Assessor Parcel Number 7245024063

Community Details

Overview

  • Property has a Home Owners Association
  • 3 Units
  • Peninsula Subdivision

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $1,000

Condo Details

Home Type

Condominium

Year Built

Built in 1983 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2023-10-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 1000
  • Deposit Security: 9900
  • Furnished: Unfurnished
  • Pets Allowed: Call

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Peninsula (PI)
  • View: Yes
  • Zoning: LBPD3
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7245024063
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2563.00 Square Feet
  • Interior Amenities: Bar, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room, Separated
  • Entry Level: 2
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3.71
  • Room Type: Foyer
  • Room Kitchen Features: Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • View: Bay, Catalina, City Lights, Coastline, Mountain(s), Ocean, Panoramic, Pier, Water, White Water
  • Patio And Porch Features: Enclosed, Patio, Tile
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Two Door, Off Street, Shared Driveway, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2462.00
  • Lot Size Acres: 0.0565

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 2462.0000 Square Feet
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Rent Includes: Association Dues
  • Waterfront Features: Beach Front, Ocean Access, Ocean Front

Tax Info

  • Tax Census Tract: 5775.04
  • Tax Lot: 1
  • Tax Tract Number: -0-

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 1999
Sold by
Kernochan Clifford L and Kernochan Jean Lee
Bought by
Kernochan Clifford L and Kernochan Jean Lee
Current Estimated Value
$1,545,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$883,500
Interest Rate
6.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Kernochan Clifford L -- Old Republic Title
Kernochan Clifford L -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kernochan Clifford L $883,500
Closed Kernochan Clifford L $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2023 12/07/23 Rented $9,500 -4.0% --
10/31/2023 10/31/23 Price Changed $9,900 -10.0% $4 / Sq Ft
09/27/2023 09/27/23 For Rent $11,000 -- --
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 $6,640 $523,184 $55,641 $467,543
2024 $6,640 $512,926 $54,550 $458,376
2023 $6,529 $502,870 $53,481 $449,389
2022 $6,129 $493,011 $52,433 $440,578
2021 $5,997 $483,345 $51,405 $431,940
2019 $5,908 $469,010 $49,881 $419,129
2018 $5,765 $459,814 $48,903 $410,911
2016 $5,285 $441,960 $47,005 $394,955
2015 $5,072 $435,322 $46,299 $389,023
2014 $5,034 $426,796 $45,393 $381,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23178673

California Regional Multiple Listing Service (CRMLS)

APN: 7245-024-064