$2,400,000
PENDING $100K PRICE DROP

Estimated payment $12,918/month

Total Views 3,933
7 Beds
6 Baths
4,457 Sq Ft
$538 Price per Sq Ft

Highlights

  • Fireplace
  • Point Vicente Elementary School Rated A+
  • Heating Available

About This Home

7 Clipper Road is a rare four-unit offering in the heartof Rancho Palos Verdes. Perfect for investors or owner-occupants, this seaside property sits on agenerous 7,282 sq ft lot just one block from the Pacific Ocean, boasting panoramic views of thebay and surrounding cliffs. The 4,457 sq ft building features an exceptional unit mix: (1) Four Bed / Two Bath, (1) Two Bed / Two Bath, and (2) One Bed / One Bath units. Each unit is significantly larger than average, with well-designed layouts. The largest unit boasts fireplaces and washer/dryer hookups, and other attractive finishes. Three of the four units enjoy ocean views, and two have been recently updated while the remaining two offer substantial upside potential. Additional highlights include: All-electric property, a newer roof replaced six years ago (Buyer to verify), onsite laundry and garage storage, a quiet shared patio for tenants, and under-market rents with clear value-add opportunity! First time on the market in decades. Rancho Palos Verdes is renowned for its top-tier schools, coastal beauty, and upscale amenities. Multifamily opportunities in this enclave are exceedingly rare, don't miss your chance to own this legacy asset.

Listing Agent

Joshua Cohen

Keller Williams Realty License #01346713 Listed on: 09/18/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Interior Spaces

  • 4,457 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Washer

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Covered Parking

Additional Features

  • 7,284 Sq Ft Lot
  • Heating Available

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 7573-009-017

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4457
  • Lot Acreage: 0.1672
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 6.00
  • Equipment: Gas Or Electric Dryer Hookup, Washer
  • Price Per S Q F T: 538.48

Exterior Features

  • Other Structures: None

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Covered Parking
  • Total Parking: 4

Utilities

  • Heating: Electric
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 54.99
  • Assessed Improvement Value: 173886
  • Assessed Land Percent: 45.01
  • Assessed Land Value: 142301
  • Total Assessed Value: 316187
  • Assessor Parcel Number: 7573-009-017
  • Lot Size Area: 7284

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 20.68
  • Number Of Units: 4
  • Type Of Units: 3

Map

Range of Values:

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Value Increase
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Percent Increase
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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

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 $5,158 $322,510 $145,147 $177,363
2024 $5,158 $316,187 $142,301 $173,886
2023 $5,085 $309,988 $139,511 $170,477
2022 $4,875 $303,911 $136,776 $167,135
2021 $4,819 $297,953 $134,095 $163,858
2019 $4,640 $289,118 $130,119 $158,999
2018 $4,509 $283,450 $127,568 $155,882
2016 $4,283 $272,445 $122,615 $149,830
2015 $4,354 $268,354 $120,774 $147,580
2014 $4,326 $263,099 $118,409 $144,690
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2025 12/11/25 Pending -- -- --
11/10/2025 11/10/25 Price Changed $2,400,000 -4.0% $538 / Sq Ft
09/18/2025 09/18/25 For Sale $2,500,000 0.0% $561 / Sq Ft
10/07/2024 10/07/24 For Rent $3,195 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed -- --
Source: Public Records

Source: The MLS

MLS Number: 25594355

The MLS

APN: 7573-009-017