Sold
Last Sold Price
7 beds6 baths4,354 sqft
5 Clipper Rd, Unit D, Rancho Palos Verdes, CA 90275
Multi FamilyProperty Type
0.18 acresLot Size
1962Year Built
$415/sq ftPrice per sq ft
4 carsParking Spaces

Description

4 unit property This is a rare opportunity, 1 of only 12 four-plex multi-unit properties in all of Rancho Palos Verdes. The front building that faces Clipper Rd is a tri level unit with 3 bedrooms, 2 bathrooms and two fireplaces. It has an amazing ocean view in the front living room with a sliding glass door that opens to a nice size deck. At 1,884 square feet it offers a lot of space with a very open floorpan. There are two other buildings on the property too. One of them is a two unit building....4 unit property This is a rare opportunity, 1 of only 12 four-plex multi-unit properties in all of Rancho Palos Verdes. The front building that faces Clipper Rd is a tri level unit with 3 bedrooms, 2 bathrooms and two fireplaces. It has an amazing ocean view in the front living room with a sliding glass door that opens to a nice size deck. At 1,884 square feet it offers a lot of space with a very open floorpan. There are two other buildings on the property too. One of them is a two unit building. Each unit is a 1 bedroom 1 bathroom with 702 Square feet each. The third building is owner occupied with 2 bedrooms and 2 bathrooms. There's a sliding glass door that opens to a deck with an ocean view. One bedroom has an ocean view from the windows. Properties like this in Rancho Palos Verdes do not come for sale very often. This property needs a little work but could easily be brought up to modern standards. All offers should be submitted as "Subject to interior inspection". Please do not disturb the tenants. Property is sold As-Is seller will not be making any repairs.
  • Listed by: ADAM HART DRE #01982466 Brokerage DRE #01526050 • RE/MAX ADVANTAGE
  • Listed by: ERIN HART DRE #01466253 Brokerage DRE #01526050 • RE/MAX ADVANTAGE
Listing closed: 10/17/2018 12:00 AM • Source: CRMLS, MLS#: EV18153653

Location

Listing Courtesy of RE/MAX ADVANTAGE, ADAM HART, DRE #01982466; RE/MAX ADVANTAGE, ERIN HART, DRE #01466253

Sold By Matthews Real Estate Investment Services, Daniel Withers, DRE #01325901

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Property Information for 5 Clipper Road, Unit D

Property Details
  • MLS Type: Residential Income
  • View: Ocean
  • Parking Spaces Total: 4
  • Private Pool: No
  • Total Units: 4.0
  • Building Type: Attached
  • Lot Size Source: Assessor
  • Living Area: 4354
  • Assessor Parcel Number: 7573-009-018
  • Property Attached YN: true
  • Common Walls: 1 Common Wall
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 4354
  • Building Area Units: Square Feet
  • Fireplace: Yes
  • Pool: No
  • View: Yes
  • View: Yes
  • Zoning: RPRS10000SP*
  • Senior Community: No
  • Parcel Number: 7573009018
  • Area: Palos Verdes Drive South/Portugese Bend (169)
  • Directions: Palos Verdes S, Right on Sea Cove, Right on Clipper Road
Building Information
  • Year Built: 1962
  • Lot Size: 0.18 AC / 7,717 SF
Income / Expense / Tax Details
Income Details
  • Gross Income: $56,400
  • Gross Scheduled Income: $56,400
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • New Taxes Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 14649
  • Tax Census Tract: 6706.02
  • Tax Lot: 106
Community / Development
Community / Development
  • Community Features: Foothills
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
  • Fireplace Features: Den, Living Room
  • Fireplace Rooms: Den, Living Room
  • Heating Type: Electric, Fireplace(s)
  • Heating: Electric, Fireplace(s)
  • Flooring Type: Carpet
  • Flooring: Carpet
Exterior Features
  • Property Condition: Fixer
  • View Description: Ocean
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Walkstreet, Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Carport
  • Parking Garage Spaces: 0
  • Carport Spaces: 4
  • Parking Features: Carport
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 0
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 1

Property History for 5 Clipper Road, Unit D

DateEvent & SourcePriceAppreciation
Oct 17, 2018

Sold

CRMLS #EV18153653

$1,807,777
Oct 17, 2018

Sold

CLAW #EV18153653MR

$1,807,777
Sep 6, 2018

Pending

CRMLS #EV18153653

DateEvent & SourcePrice
10/17/2018

Sold

CRMLS #EV18153653

$1,807,777
10/17/2018

Sold

CLAW #EV18153653MR

$1,807,777
09/06/2018

Pending

CRMLS #EV18153653

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Clipper Road, Unit D

Taxable ValueLand$1,260,712Additions$796,478Total$2,057,190
Tax Record2025$24,479 ($2,040 / month)
Home Facts
Baths6Total Finished SqFt4,354 SqFtAbove Grade Finished SqFt4,354 SqFtLot Size7,717 SqFtStyleQuadraplexYear Built1962Year Renovated1962ZoningRPRS10000SCountyLOS ANGELESAPN7573-009-018

Schools near 5 Clipper Road, Unit D

This home is within Palos Verdes Peninsula Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Point Vicente Elementary School
PublicK to 5

Miraleste Intermediate School
Public6 to 8

Palos Verdes High School
Public9 to 12

Palos Verdes Peninsula High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX ADVANTAGE, ADAM HART, DRE #01982466; RE/MAX ADVANTAGE, ERIN HART, DRE #01466253

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.