Ocean Terrace Condominiums 3200 La Rotonda Dr Unit 603 Rancho Palos Verdes, CA 90275
3
Beds
2
Baths
1,527
Sq Ft
$1,011/mo
HOA Fee
Highlights
- Ocean Front
- Golf Course Community
- Heated In Ground Pool
- Mira Catalina Elementary School Rated A+
- Fitness Center
- No Units Above
About This Home
As of February 2025Welcome to Ocean Terrace, where resort-style living meets everyday luxury. Experience the feeling of a permanent vacation as you take in the breathtaking panoramic views of the ocean, Palos Verdes shoreline, Catalina Island, a prestigious national 18-hole golf course, and spectacular sunsets. This beautifully remodeled 3-bedroom, 2-bath condo, Unit 603, is located on the top floor, offering southwest exposure for optimal California sunshine and unobstructed vistas. As you enter, you’re greeted by jaw-dropping views and an open floorplan perfect for entertaining. The spacious deck provides an ideal setting for enjoying an evening glass of wine while watching the sunset or sipping your morning coffee as pelicans glide by and sailboats head to sea. The expansive living room features a cozy gas fireplace, a custom-built wet bar, and a dining area, all with dynamic views. The chef’s kitchen is a masterpiece with high-end stainless-steel appliances, rich cherry cabinetry, tumbled marble backsplash, granite countertops, an oversized breakfast bar, and a built-in wine rack. Smooth ceilings, wide crown moldings, and new textured Berber-style carpeting enhance the beachy, elegant ambiance throughout. The Primary Suite opens to the patio, showcasing stunning views and featuring a walk-in closet with custom organizers. The second bedroom is bright and airy, while the third bedroom, currently used as an office, includes built-in bookshelves, an oversized desk, and opens to the front entryway. Both bathrooms have been freshly painted and include neutral marble countertops with full-sized mirrors. This turnkey, gorgeous home offers an unparalleled lifestyle. Ocean Terrace amenities include a spacious swimming pool, jacuzzi, two tennis courts, a pickleball/paddle tennis court, shuffleboard, a fitness center, sauna, billiard room, and a recreation room with a large screen TV, kitchen, and restrooms. Additionally, enjoy scenic hiking trails along the ocean bluff. Indulge in the magnificent views and unforgettable sunsets from your slice of paradise along the Palos Verdes coastline!
Last Agent to Sell the Property
Estate Properties Brokerage Phone: 310-940-1516 License #01214227
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,747
Year Built
- Built in 1974 | Remodeled
Lot Details
- Ocean Front
- No Units Above
- Two or More Common Walls
- Landscaped
HOA Fees
- $1,011 Monthly HOA Fees
Parking
- 2 Car Garage
- Parking Available
- Automatic Gate
- Controlled Entrance
- Community Parking Structure
Property Views
- Ocean
- Coastline
- Catalina
- Panoramic
- Bluff
- Park or Greenbelt
Home Design
- Custom Home
- Turnkey
Interior Spaces
- 1,527 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Wet Bar
- Wired For Data
- Built-In Features
- Bar
- Crown Molding
- Skylights
- Recessed Lighting
- Double Pane Windows
- Sliding Doors
- Formal Entry
- Living Room with Fireplace
- Living Room with Attached Deck
- L-Shaped Dining Room
- Home Office
- Storage
Kitchen
- Updated Kitchen
- Breakfast Bar
- Built-In Range
- Range Hood
- Microwave
- Ice Maker
- Water Line To Refrigerator
- Dishwasher
- Kitchen Island
- Granite Countertops
- Self-Closing Cabinet Doors
- Disposal
Flooring
- Carpet
- Stone
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- Walk-In Closet
- Dressing Area
- Mirrored Closets Doors
- Remodeled Bathroom
- Bathroom on Main Level
- 2 Full Bathrooms
- Granite Bathroom Countertops
- Makeup or Vanity Space
- Dual Sinks
- Low Flow Toliet
- Walk-in Shower
- Low Flow Shower
- Exhaust Fan In Bathroom
- Linen Closet In Bathroom
- Closet In Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
- 220 Volts In Laundry
Home Security
Accessible Home Design
- Grab Bar In Bathroom
- Low Pile Carpeting
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Pool
- Gunite Spa
- Fence Around Pool
Outdoor Features
- Open Patio
- Exterior Lighting
- Outdoor Storage
Location
- Property is near a park
Utilities
- Radiant Heating System
- Vented Exhaust Fan
- 220 Volts in Kitchen
- High-Efficiency Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 31530
- Assessor Parcel Number 7564020069
- $952 per year additional tax assessments
Community Details
Overview
- 100 Units
- Ocean Terrace Association, Phone Number (310) 541-8077
- Gabriel Hipolito HOA
- Maintained Community
Amenities
- Clubhouse
- Billiard Room
- Meeting Room
- Card Room
- Recreation Room
- Community Storage Space
Recreation
- Golf Course Community
- Tennis Courts
- Pickleball Courts
- Sport Court
- Racquetball
- Fitness Center
- Community Pool
- Community Spa
- Park
- Dog Park
- Hiking Trails
- Bike Trail
Pet Policy
- Pets Allowed
- Pet Restriction
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 13, 2025
Closed on
Feb 3, 2025
Sold by
Hellmann Family Revocable Trust and Hellmann Peter N
Bought by
2016 Fischer Revocable Trust and Fischer
Seller's Agent
Sharon McHale
Estate Properties
Buyer's Agent
Todd Pearl
Equity Union
List Price
$1,275,000
Sold Price
$1,211,000
Premium/Discount to List
-$64,000
-5.02%
Total Days on Market
17
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,588
Avg. Annual Appreciation
2.56%
Purchase Details
Closed on
Jan 17, 2008
Sold by
Hellmann Peter N and Hellmann Deborah T
Bought by
Hellmann Peter N
Purchase Details
Closed on
Sep 14, 1995
Sold by
Hellmann Fred N and Hellman Yovanka B
Bought by
Hellman Fred N
Map
About Ocean Terrace Condominiums
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Similar Homes in Rancho Palos Verdes, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,211,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $250,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2025 02/14/25 | Sold | $1,211,000 | -5.0% | $793 / Sq Ft |
| 01/31/2025 01/31/25 | Pending | -- | -- | -- |
| 01/13/2025 01/13/25 | For Sale | $1,275,000 | +5.3% | $835 / Sq Ft |
| 11/18/2024 11/18/24 | Off Market | $1,211,000 | -- | -- |
| 08/24/2012 08/24/12 | Rented | $2,600 | 0.0% | -- |
| 08/24/2012 08/24/12 | Under Contract | -- | -- | -- |
| 08/02/2012 08/02/12 | For Rent | $2,600 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $2,747 | $164,440 | $51,721 | $112,719 |
| 2023 | $2,705 | $161,216 | $50,707 | $110,509 |
| 2022 | $2,587 | $158,056 | $49,713 | $108,343 |
| 2021 | $2,546 | $154,958 | $48,739 | $106,219 |
| 2019 | $2,445 | $150,364 | $47,295 | $103,069 |
| 2018 | $2,397 | $147,417 | $46,368 | $101,049 |
| 2016 | $2,265 | $141,694 | $44,568 | $97,126 |
| 2015 | $2,266 | $139,567 | $43,899 | $95,668 |
| 2014 | $2,247 | $136,834 | $43,040 | $93,794 |
Source: Public Records
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24223778
APN: 7564-020-069
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