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Sold for $4,106,700
Street View
  • Listing Provided by: 

    Chris Adlam DRE #00967574 310-493-7216,

    Vista Sotheby's International Realty

    Bought with: Estate Properties
    $4,106,700

    1600 Margate Rd, Palos Verdes Peninsula, CA 90274

    4beds
    3,072sqft
    Single Family Residence
    Built in 1960
    0.42 Acres Lot
    $4,185,900 Zestimate®
    $1,337/sqft
    $7,688 Estimated rent

    Home value

    $4,185,900

    $3.81M - $4.69M

    $7,688/mo

    Zestimate® history
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    $7,688/mo

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    $26,691/mo

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    $26,691/mo

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    What's special

    Quintessential Lunada Bay! Where else can you find an 18,000+ square foot, FLAT lot a block from the ocean? With approximately 160 feet of “frontage”, the curb appeal is the first thing to capture your attention. A sprawling, one-level home awaits. The charming living room is directly to your left. With a vaulted ceiling, bay window, ocean view and an inviting brick fireplace, what more could you want! How about a large formal dining room, a cozy kitchen, a separate family room with its own fireplace and a private office or potential 4th bedroom. The other side of the house holds the bedroom wing which includes 3 spacious bedrooms and two bathrooms. The magic however lies in the land. The enormous backyard is like a blank canvas just waiting for someone to create their outdoor nirvana! This could be the one you’ve been waiting for...

    Zillow last checked: 8 hours ago

    Listing updated: May 23, 2023 at 10:16am

    Listing Provided by:

    Chris Adlam DRE #00967574 310-493-7216,

    Vista Sotheby's International Realty

    Bought with:

    Jason Sikola, DRE #01890165

    Estate Properties

    Source: CRMLS,MLS#: PV23057379MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 4
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Laundry: Laundry Room
    Features
    • Flooring: Carpet
    • Has fireplace: Yes
    • Fireplace features: Family Room, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,072 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Concrete
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: City Lights, Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 0.42 Acres
    • Features: Corner Lot
    Details
    • Parcel number: 7541008016
    • Zoning: PVR1*
    • Special conditions: Standard
    • Horse amenities: Riding Trail

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Hiking, Horse Trails, Suburban
    Location
    • Region: Palos Verdes Peninsula

    Other

    Other facts
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    5/22/2023Sold$4,106,700+2.7%$1,337/sqft
    Source: CRMLS #PV23057379 Report a problem
    4/20/2023Pending sale$3,999,000$1,302/sqft
    Source: CRMLS #PV23057379 Report a problem
    4/7/2023Listed for sale$3,999,000$1,302/sqft
    Source: CRMLS #PV23057379 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$48,940 +3.3%$4,272,610 +2%
    2024$47,355 +872.6%$4,188,834 +1464.1%
    2023$4,869 +3.7%$267,809 +2%

    Find assessor info on the county website

    Neighborhood: 90274

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,185,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,185,900