Last Sold Price
7 beds6 baths4,457 sqft$460/sqft

Description

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...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 CLOSED: 05/26/2026 12:00 AM

  1. Listed by Joshua Cohen • DRE #01346713 • Brokerage DRE #01227703 • Keller Williams Realty

Property Details for 7 Clipper Road

Status
MLS #
25594355
Days on Market
84
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1962
Lot Size
0.17 AC / 7,284 SF
Zoning
RPRS10000SP*
Parcel Number
7573009017
Total Units
4.0
Living Area
4457
Source Living Area
Vendor Enhanced
Area
Palos Verdes Drive South/Portugese Bend (169)
Vacancy Rate
0
Lot Size Area
7284
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
7573-009-017
Directions
On Clipper Road off PV Drive South

Location

Listing Courtesy of Keller Williams Realty, Joshua Cohen, DRE #01346713

Sold By Keller Williams Realty, Joshua Cohen, DRE #01346713

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Building Information for 7 Clipper Road

Stories2Residences-Year Built1962Building Size-Lot Size0.17 AC / 7,284 SF

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$10,913 per month

30 year fixed, 6.55% Interest

Principal and Interest

$10,420

Property Taxes

$493

HOA Dues

$0

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Property Information for 7 Clipper Road

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 3
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $116,040
  • Net Operating Income: $74,074.00
  • Gross Income: $116,040
  • Cap Rate: 3.09%
  • Gross Rent Multiplier: $20.68
  • Total Annual Expense: 41966
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Acreage: 0.1672
  • Lot Size Square Feet: 7284
Parking Details
Parking Details
  • Parking Garage: Covered Parking
  • Total Parking: 4
  • Covered Parking: 4
  • Parking Features: Covered
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Electric
  • Heating Type: Electric
  • Equipment: Gas Or Electric Dryer Hookup, Washer
  • Laundry: Washer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-18-2025
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,395.00
  • Unit Actual Rent: $4,395.00
  • Unit Projected Rent: $5,750.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,900.00
  • Unit Actual Rent: $2,900.00
  • Unit Projected Rent: $3,400.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,187.00
  • Unit Actual Rent: $1,187.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $173,886.00
  • Assessed Improvement Percent: 54.99
  • Assessed Land Value: $142,301.00
  • Assessed Land Percent: 45.01
  • Assessed Total Value: $316,187.00

Property History for 7 Clipper Road

DateEvent & SourcePriceAppreciation
May 26, 2026

Sold

CLAW #25594355

$2,050,000
May 26, 2026

Sold

CRMLS #25594355

$2,050,000
Mar 13, 2026

Sold (Public Record)

Public Record #1940189788

$2,050,000
DateEvent & SourcePrice
05/26/2026

Sold

CLAW #25594355

$2,050,000
05/26/2026

Sold

CRMLS #25594355

$2,050,000
03/13/2026

Sold (Public Record)

Public Record #1940189788

$2,050,000

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

Public Records for 7 Clipper Road

Taxable ValueLand$145,147Additions$177,363Total$322,510
Tax Record2025$5,915 ($493 / month)
Home Facts
Total Finished SqFt4,457 SqFtAbove Grade Finished SqFt4,457 SqFtLot Size7,282 SqFtStyleQuadraplexYear Built1962ZoningRPRS10000SCountyLOS ANGELESAPN7573-009-017

Schools near 7 Clipper Road

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 Keller Williams Realty, Joshua Cohen, DRE #01346713

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.