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$2,575,000

  • Sold
  • Closed
  • Multi-Family
  • 11 Total Beds
  • 4 Car Garage
See This Home
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Luca is proud to present this rare 4-unit investment opportunity in Rancho Palos Verdes. This is an A-Class Trophy location and is NOT subject to LA Rent Control and instead falls under AB-1482. The asset has an outstanding unit mix of (one) 4-bedroom/2-bathroom townhouse unit with ocean views, (one) 3-bedroom/2-bathroom townhouse unit with patio, (one) 2-bedroom/2-bathroom with ocean views, balcony and patio, and (one) 2-bedroom/1.5-bathroom townhouse unit with patio. The property was built in 1972 and features spacious units, 5,324-SF of living area and a large 13,489-SF lot. The asset is being offered at a 4.37% current cap rate and 15.96 current GRM with upside to a 5.56% pro-forma cap rate. The property contains a newer roof, new hot water heaters, new furnaces, updated garage doors and common area laundry with brand new washers & dryers. One of the units has washer/dryer hook-ups. The property is a residential asset which qualifies for residential/owner-user financing. Furthermore, there are 4 garage spaces and 4 tandem parking spaces.

Full Property Details for 29403 Indian Valley Rd

General

  • Sold For: $2,575,000
  • Status: Closed
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 24-436229
  • Added to Site: 539 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 8

Bedrooms

  • Total Bedrooms: 11

Other Rooms

  • Laundry: Room, Laundry Area

Additional Information

  • Other Features: Other

Exterior

  • Deck/Patio: Deck(s), Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Garage Description: Garage

Location

  • Area: Crest
  • County: Los Angeles
  • Cross Streets: Indian Valley Road & Hawthorne Boulevard
  • Driving Directions: North of Crest Road, South of Doverridge Drive, East of Hawthorne Boulevard, West of Highridge Road

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Other

Utilities

  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • # Buildings: 1
  • Common Walls: Attached
  • Stories/Levels: 2
  • Square Feet: 5,324
  • Sq. Ft. Source: Estimated
  • Year Built: 1972
  • Year Built Source: Estimated
  • Other Struct. Feat.: Balcony

Unit Information

  • Units in Complex: 4
  • Unit Type: 2106, 2107, 2108, 2109

Unit 1

  • Total Bathrooms: 2.5
  • Bedrooms: 4

Unit 2

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 2.5
  • Bedrooms: 3

Unit 4

  • Total Bathrooms: 1.5
  • Bedrooms: 2

Additional Structures

  • Other Structures: Other

Lot Features

  • Lot Size (Acres): 0.3097
  • Lot Size: 13489
  • Lot Size Source: Estimated
  • Zoning: RPRM3600*

Financial Considerations

  • Price Per Sq. Ft.: $507.14
  • Price Per Unit: 675000
  • Assessment Year: 1972

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 7585-010-006

Listed and Sold by Shield CRE, Inc., Gianluca Jacoli

Listing agent

— 29403 Indian Valley Rd —

  • Gianluca Jacoli

    Shield CRE, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 29403 Indian Valley Rd

School District:Palos Verdes Peninsula Unified School District
NameGradesDistance
Montemalaga Elementary School
1121 V?a Nogales, Palos Verdes Estates, CA 90274
K-51.7 mi
Ridgecrest Intermediate School
28915 N.bay Rd., Rancho Palos Verdes, CA 90275
6-80.6 mi
Palos Verdes Peninsula High School
27118 Silver Spur Road, Rolling Hills Estates, CA 90274
9-121.3 mi
Palos Verdes High School
600 Cloyden Road, Palos Verdes Estates, CA 90274
9-121.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 29403 Indian Valley Rd

Date
Details
Price
Change
Source
11/25/2024
Sold
$2,575,000
-4.63%
MLS
9/05/2024
Listed
$2,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Shield CRE, Inc., Gianluca Jacoli

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29403 Indian Valley Rd, Rancho Palos Verdes, CA 90275 (MLS# 24-436229) is a Multi-Family property that was sold at $2,575,000 on November 25, 2024. Want to learn more about 29403 Indian Valley Rd? Do you have questions about finding other Multi-Family real estate for sale in Rancho Palos Verdes? You can browse all Rancho Palos Verdes real estate or contact a Coldwell Banker agent to request more information.