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1340 Via Margarita, Palos Verdes Estates, CA, 90274

$2,750,000

4 Bedrooms
3 Full Baths
2,612 SqFt
$1,053/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Driveway, Garage Faces Front, Garage
Garage2 spaces
Year Built1964
HeatingCentral
CoolingNone
FireplaceFamily Room, Living Room, Wood Burning
ViewHills, Trees/Woods
MLS #SB24185706
Lot Size0.39 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1340 Via Margarita

Nestled in the heart of Montemalaga in Palos Verdes Estates, this two-story home offers an exceptional living experience, distinguished by its potential and generous outdoor space. With four bedrooms, three bathrooms, and a family room in 2,614 square feet of interior space, this residence is ideal for the visionary who sees the possibilities to create an outstanding residence that offers an almost "treehouse" feel. The serene backyard is accentuated by lush mature trees along the perimeter providing privacy and beauty. The lot at the front measures approx. 88' and widens to 166' at the back; with the house located towards the front of the property, there is extensive room to build out without impacting the backyard area. It's expansive outdoor space offers options to build a pool, outdoor kitchen, sports court and still have room for a grassy area. Location-wise, the property scores high with proximity to top-rated Palos Verdes Peninsula schools.

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish, See Remarks
  • Year Built: 1964
  • Stories: 2
  • Living Area: 2,612 SqFt

Listing Office:

  • Office Name: Vista Sotheby's International Realty
  • Office Phone: (310) 507-5746
  • Listing Agent: Terri Harkins

Interior Features

Interior Information:

  • Appliances: Range, Double Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood, Water Heater
  • Flooring Type: Carpet, Laminate, Wood
  • Interior: Beamed Ceilings, Ceramic Counters, Separate/Formal Dining Room, Unfurnished, Main Level Primary
  • Fireplace: Family Room, Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Hills, Trees/Woods

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Door-Multi, Driveway, Garage Faces Front, Garage

Lot Features

Lot Information:

  • Lot: Landscaped, Rolling/Hilly
  • Lot Size: 0.39 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: None

Other

Directions Information:

  • Directions: Hawthorne to Granvia Altamira to Via Coronel to Via Margarita

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,750,000
  • Price Per SqFt: $1,053/SqFt

Tax Information:

  • Annual Amount: $4,055
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palos Verdes Estates, CA.

Med. Sold Price

$2.8M

Med. Price/SqFt

$1,019

Avg. Days On Market

48

# of Sold Homes

16

1340 Via Margarita vs Palos Verdes Estates

70 DAYS ON ROCKET

+22 Days

$2,750,000

-$50K Less

$1,053/SqFt

+$34 More

KEY TAKEAWAY

This property is $50K less than the Median Sold Price and $34/SqFt more than other homes in Palos Verdes Estates, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24185706

Listing Office:

  • Office Name: Vista Sotheby's International Realty
  • Office Phone: (310) 507-5746
  • Listing Agent: Terri Harkins

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,055$215,672
2020$3,928$213,461
2019$3,865$209,277
2018$2,934$205,175
2017$2,934$201,153

History based on county public records data.

Payment Calculator

$13.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,311

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-384020
9
/10
  • Cornerstone at Pedregal Elementary School

  • 6069 Groveoak Pl

  • 0.35 miles

  • Public District Grades KG-5

school-card-donut-384021
9
/10
  • Montemalaga Elementary

  • 1121 Via Nogales

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-384022
8
/10
  • Silver Spur Elementary

  • 5500 Ironwood St

  • 0.80 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $125,000. The majority of Palos Verdes Estates, CA residents have income $200k+ annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1340 Via Margarita

What is the listing price of this property?

The listing price of 1340 Via Margarita property is $2,750,000.

What type of property is this?

The property 1340 Via Margarita is a house located in Palos Verdes Estates, California, 90274.

Is this property for sale now?

Accepting Backup Offers: 1340 Via Margarita is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,055 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1340 Via Margarita has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1340 Via Margarita is 2,612 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1340 Via Margarita is 1964.
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Rocket HomesCaliforniaLos Angeles CountyPalos Verdes Estates902741340 Via Margarita

This home is located at 1340 Via Margarita in Palos Verdes Estates, CA and zip code 90274 in the Monte Malaga neighborhood. This 2,612 square foot home, which was built in 1964, sits on a 0.39 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 07, 2024 and is currently priced at $2,750,000.

In October 2024, from all listings sold in Palos Verdes Estates, CA there were more than 6 sold above asking price, over 10 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Palos Verdes Estates, CA between September 2024 and October 2024 increased by 9.8%. While the average time on the market in October 2024 was 48 days, the median list price was $2,800,000.

From Rocket Homes Real Estate and based on county public records data.

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