$1,585,900
SOLD APR 29, 2025 RENTED JUN 3, 2025

6551 Abbottswood Dr Rancho Palos Verdes, CA 90275

4 Beds
2 Baths
1,806 Sq Ft
0.27 Acres

Recently Sold

$878 Per Sq Ft

6% Below List Price

18 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • No HOA
  • Vista Grande Elementary Rated A+
  • Main Floor Bedroom
  • 2 Car Attached Garage

About This Home

As of April 2025

First time on the market in 40 years! Located is the desirable city of Rancho Palos Verdes. This property has a big front & back yard. Big living room with fireplace and two sliding doors direct access to the back yard. The spacious bedrooms offer ample closet space and comfortable living areas. The backyard is perfect for entertaining guests or simply relaxing. Other notable features include hardwood floors throughout, NEW touch of paint. Walking distance to Vista Grande Elementary School, easy access to a variety of shopping, dining, multiple golf courses, trails, parks and entertainment and Palos Verdes School District. Turnkey condition. Priced to sell, motivated seller. Virtual Tour:

Last Agent to Sell the Property

GUAN-YING LAI

IRN REALTY Brokerage Phone: 626-510-2928 License #02022205 Listed on: 03/19/2025

IRN REALTY

Last Buyer's Agent

Crystal Chen

Crystal Real Estate License #01428445

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,928

Year Built

  • Built in 1963

Lot Details

  • 0.27 Acre Lot
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Parking Available
  • Front Facing Garage

Home Design

  • Turnkey

Interior Spaces

  • 1,806 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Ocean Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Formica Counters In Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Outdoor Features

  • Exterior Lighting

Schools

  • Palos Verdes Peninsula High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 88
  • Tax Tract Number 27134
  • Assessor Parcel Number 7583018016

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,928

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Washer, dryer, refrigerator
  • Property Attached: No
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7583018016
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1806.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 878.13
  • Room Type: All Bedrooms Down, Family Room, Laundry, Living Room, Main Floor Bedroom
  • Window Features: Blinds
  • Bathroom Features: Shower In Tub, Exhaust Fan(s), Formica Counters, Main Floor Full Bath, Tile Counters
  • Room Kitchen Features: Formica Counters

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Palos Verdes Peninsula Unified
  • High School: Palos Verdes Peninsula
  • High School: Palos Verdes Peninsula
  • High School2: PAVEPE

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11731.00
  • Lot Size Acres: 0.2693

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11731.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 88
  • Tax Tract Number: 27134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2025
Closed on
Apr 24, 2025
Sold by
Lin Living Trust and Lin Johnson S
Bought by
Wu Xiaole
Seller's Agent
Crystal Chen
Crystal Real Estate
Buyer's Agent
Crystal Chen
Crystal Real Estate
Sold Price
$5,000
Views
7
Current Estimated Value
$1,660,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,655,858
Avg. Annual Appreciation
21.93%

Purchase Details

Closed on
Jan 9, 2014
Sold by
Lin Luen Chi and Lin Angela Chang
Bought by
Lin Living Trust

Purchase Details

Closed on
Nov 17, 1997
Sold by
Lin Luen C And Angela C Trs Lin Trust
Bought by
Lin Luen Chi and Lin Angela Chang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.23%

Purchase Details

Closed on
Aug 26, 1994
Sold by
Lin Luen Chi and Lin Angela Chang
Bought by
Lin Luen Chi and Lin Angela Chang
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 $1,586,000 Chicago Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $220,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Rented $5,000 0.0% --
06/01/2025 06/01/25 Off Market $5,000 -- --
05/30/2025 05/30/25 For Rent $5,000 0.0% --
04/29/2025 04/29/25 Sold $1,585,900 -6.0% $878 / Sq Ft
04/06/2025 04/06/25 Pending -- -- --
03/19/2025 03/19/25 For Sale $1,688,000 -- $935 / 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
2025 $5,928 $1,753,380 $1,326,000 $427,380
2024 $5,928 $488,069 $292,848 $195,221
2023 $5,753 $478,500 $287,106 $191,394
2022 $5,477 $469,119 $281,477 $187,642
2021 $5,458 $459,921 $275,958 $183,963
2019 $5,303 $446,281 $267,774 $178,507
2018 $5,172 $437,531 $262,524 $175,007
2016 $4,922 $420,543 $252,331 $168,212
2015 $4,980 $414,227 $248,541 $165,686
2014 $4,923 $406,114 $243,673 $162,441
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS25024992

California Regional Multiple Listing Service (CRMLS)

APN: 7583-018-016