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6111 Monero Drive, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 4 bed, 3 bath

6111 Monero Drive, Rancho Palos Verdes, California 90275 home-pic-0
ACTIVE$1,799,000
6111 Monero Drive, Rancho Palos Verdes, California 90275
4Beds
3Baths
2,178Sqft
16,769Lot
Year Built
1962
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
$826
HOA
-
Days on market
-
Sold On
-
MLS number
25547385
Home ConditionExcellent
Features
Good View: City Lights, Canyon, Mountain(s), Peek-A-Boo
Patio
ViewCity Lights,Canyon,Mountain(s),Peek-A-Boo

About this home

Possibly Over-Priced:The estimated price is 21% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.80M(40th), sqft - 2178(37th), beds - 4(50th), baths - 3(50th).

***Sellers reviewing all offers*** Amazing value in PV! (Extra large primary room with large closets. Renovated bathrooms. Partial new engineered wood flooring. Fresh interior and exterior paint. Central AC/heating and tankless water heater. New landscaping. Clean, renovated and move-in ready.) Welcome to the "Monero Residence," a beautifully updated single-level home tucked away on a quiet street in the heart of Rancho Palos Verdes with peek-a-boo views of SoFi Stadium and LA city lights. Situated on an expansive, private lot, this move-in ready residence offers the ideal blend of comfort, charm, and functionality for family living. The updated kitchen features quartz countertops, stainless steel appliances, a cozy breakfast nook, and a lovely view of the neighborhood. Just beyond, you'll find a spacious living and dining area ideal for hosting guests or relaxing with loved ones. A versatile bonus room with pocket doors can serve as a family room, playroom, or 4th bedroom. The spacious primary suite includes a bay window, backyard access, and a beautifully renovated ensuite bath with double vanities and a walk-in shower. The second and third bedrooms are generously sized, ideal for kids' rooms, guest rooms, or home offices. All bathrooms have been recently renovated, including a permitted third bathroom addition. Additional upgrades include recessed lighting, crown molding, and included appliances (fridge, washer, dryer). The private backyard is a peaceful retreat surrounded by lush greenery with dedicated areas for a BBQ, firepit, and outdoor seating. It's perfect for family gatherings, entertaining, kids to play, or dogs to roam. Located near top-rated Palos Verdes schools, hiking trails, beaches, golf courses, tennis clubs, and the Peninsula Shopping Center. Zoned for Montemalaga Elementary (9/10), PV Intermediate (10/10), and PV Peninsula High (10/10).

Price History

Date
Event
Price
12/07/21
Sold
$1,610,000
10/29/14
Sold
$1,000,000
10/24/08
Sold
$848,500
03/11/94
Sold
$415,000
Condition Rating
Excellent
Despite being built in 1962, this property has undergone extensive and recent renovations, aligning with the 'Excellent' criteria for a fully renovated home. The description explicitly states 'Renovated bathrooms,' 'Partial new engineered wood flooring,' 'Fresh interior and exterior paint,' 'Central AC/heating and tankless water heater,' and 'New landscaping.' The kitchen features modern quartz countertops, stainless steel appliances, and a contemporary backsplash, all appearing new or virtually new in the images. All bathrooms are described as 'recently renovated,' including a permitted third addition. Recessed lighting and crown molding further enhance the updated feel. The overall condition is described as 'clean, renovated and move-in ready,' indicating no deferred maintenance and high-quality, current standards throughout the key areas.
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 = 16769, living area = 2178.
Extensive Modern Upgrades: The property boasts recent, comprehensive renovations including fresh paint, new engineered wood flooring, an updated kitchen with quartz countertops and stainless steel appliances, renovated bathrooms (including a permitted 3rd bath), central AC/heating, and a tankless water heater, making it truly move-in ready.
Top-Tier School District: Located within the highly-rated Palos Verdes Peninsula Unified School District, with Montemalaga Elementary (9/10), PV Intermediate (10/10), and PV Peninsula High (10/10), a significant draw for families seeking excellent educational opportunities.
Versatile Single-Level Layout: The single-level design offers broad appeal, featuring an extra-large primary suite, generously sized secondary bedrooms, and a flexible bonus room that can function as a 4th bedroom, family room, or office, providing adaptability for various lifestyle needs.
Generous & Private Outdoor Space: An expansive 16,769 sqft private lot provides a peaceful backyard retreat with dedicated areas for entertaining (BBQ, firepit, seating), surrounded by lush greenery, ideal for family gatherings and outdoor enjoyment.
Prime Rancho Palos Verdes Location: Situated on a quiet street in a desirable RPV neighborhood, offering convenient access to local amenities such as hiking trails, beaches, golf courses, tennis clubs, and the Peninsula Shopping Center.

Cons

Limited View Quality: The description notes 'peek-a-boo views' of SoFi Stadium and city lights, indicating that the views are not panoramic or unobstructed, which might not meet expectations for some buyers in this view-centric market.
Original Construction Age: Built in 1962, the underlying structure is over 60 years old. While extensively updated, potential buyers may still have concerns about the age of the foundation, plumbing, or electrical systems not explicitly mentioned as fully replaced.
Discrepancy in Valuation: The current listing price of $1,799,000 is notably higher than the provided property estimation value of $1,415,010.24, suggesting a potential overvaluation relative to recent market data and comparable sales, which could impact buyer interest and negotiation.

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