32338 Sea Raven Drive, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 4 bed, 3 bath
ACTIVE$1,895,000
32338 Sea Raven Drive, Rancho Palos Verdes, California 90275
4Beds
3Baths
2,497Sqft
14,879Lot
Year Built
1963
Close
-
List price
$1.9M
Original List price
$1.9M
Price/Sqft
$759
HOA
-
Days on market
-
Sold On
-
MLS number
PV24254883
Home ConditionPoor
Features
Excellent View: Ocean, Water
Patio
ViewOcean, Water
About this home
Possibly Over-Priced:The estimated price is 37% below the list price. We found 3 Cons,7 Pros. Rank: price - $1.90M(49th), sqft - 2497(59th), beds - 4(50th), baths - 3(50th).
House has been leased.
Nearby schools
8/10
Mira Catalina Elementary School
Public,•K-5•0.8mi
8/10
Miraleste Intermediate School
Public,•6-8•1.6mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•3.5mi
8/10
Palos Verdes High School
Public,•9-12•5.3mi
Condition Rating
Poor
Built in 1963, this property's interior, particularly the kitchen and bathrooms, is significantly dated, appearing largely original or with very old cosmetic updates. The kitchen features older wooden cabinetry, dated countertops, and older appliances. Bathrooms also show outdated vanities, fixtures, and tiling. While the structure appears sound and the property is livable, these critical areas would require substantial renovation and rehabilitation to meet current quality standards and buyer expectations, aligning it with a 'Poor' condition score.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14879, living area = 2497.
Great Schools: High School: Palos Verdes Peninsula High School (10/10).
Premium Ocean Views: The property offers desirable ocean and water views, a highly sought-after amenity in Rancho Palos Verdes that significantly enhances property value and lifestyle.
Desirable Location: Situated in Rancho Palos Verdes, a prestigious area known for its scenic beauty, tranquility, and access to top-rated Palos Verdes Peninsula Unified School District.
Generous Lot Size: With a 14,879 sqft lot, the property offers ample outdoor space, potential for landscaping, or future expansion, distinguishing it from smaller comparable lots.
Functional Layout: The 4-bedroom, 3-bathroom configuration provides a substantial and practical living space suitable for families, aligning with demand in the area.
Proven Rental History: The mention that the 'House has been leased' indicates a history of rental income, suggesting potential for investors or buyers seeking a property with established demand.
Cons
Unspecified Interior Condition: Built in 1963, the lack of detail in the description regarding interior updates or renovations suggests the property may be dated and require significant modernization to meet current market expectations.
Potential for Renovation Costs: Given its age and minimal description, prospective buyers should anticipate substantial investment in updates to systems, finishes, and amenities to maximize its value and appeal.
Discrepancy with Estimated Value: The property's listing price is considerably higher than the provided estimation value, which could indicate an aggressive pricing strategy or a need for significant value-adding improvements to justify the asking price.