StatusAccepting Backup Offers (Active Under Contract)
About 29403 Indian Valley Rd
Luca is proud to present this rare 4-unit investment opportunity in Rancho Palos Verdes. This is an A-Class Trophy location and is NOT subject to LA Rent Control and instead falls under AB-1482. The asset has an outstanding unit mix of (one) 4-bedroom/2-bathroom townhouse unit with ocean views, (one) 3-bedroom/2-bathroom townhouse unit with patio, (one) 2-bedroom/2-bathroom with ocean views, balcony and patio, and (one) 2-bedroom/1.5-bathroom townhouse unit with patio. The property was built in 1972 and features spacious units, 5,324-SF of living area and a large 13,489-SF lot. The asset is being offered at a 4.37% current cap rate and 15.96 current GRM with upside to a 5.56% pro-forma cap rate. The property contains a newer roof, new hot water heaters, new furnaces, updated garage doors and common area laundry with brand new washers & dryers. One of the units has washer/dryer hook-ups. The property is a residential asset which qualifies for residential/owner-user financing. Furthermore, there are 4 garage spaces and 4 tandem parking spaces.
Property Details
Property Features
Property Information:
Year Built: 1972
Stories: 2
Living Area: 5,324 SqFt
Listing Office:
Office Name: Shield CRE, Inc.
Office Phone: (310) 593-9869
Listing Agent: Gianluca Jacoli
Interior Features
Interior Information:
Appliances: Dryer, Washer
Bedroom and Bathroom Information:
Total Bedroom Count: 11
Exterior Features
Parking Information:
Garage Space: 4 spaces
Parking: Garage
Lot Features
Lot Information:
Lot Size: 0.31 Acres
Other
Directions Information:
Directions: North of Crest Road, South of Doverridge Drive, East of Hawthorne Boulevard, West of Highridge Road
Price Information
Listing Price Info
Price Summary:
List Price: $2,700,000
Price Per SqFt: $507/SqFt
Tax Information:
Annual Amount: $5,063
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Rancho Palos Verdes, CA.
This property is $970.8K more than the Median Sold Price and $273/SqFt less than other homes in Rancho Palos Verdes, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24436229
Listing Office:
Office Name: Shield CRE, Inc.
Office Phone: (310) 593-9869
Listing Agent: Gianluca Jacoli
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, 9:21:01 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
YEAR
PROP. TAX
ASSESSMENT
2021
$5,063
$299,842
2020
$4,880
$296,768
2019
$4,715
$290,950
2018
$4,620
$285,246
2017
$4,620
$279,654
History based on county public records data.
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NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Vista Grande Elementary
7032 Purple Ridge Dr
Distance between this listing and this school0.82 miles
Public District Grades KG-5
7
/10
Point Vicente Elementary
30540 Rue De La Pierre
Distance between this listing and this school1.27 miles
Public District Grades KG-5
9
/10
Soleado Elementary School
27800 Longhill Dr
Distance between this listing and this school1.35 miles
Public District Grades KG-5
Nearby Schools
9
/10
Ridgecrest Intermediate School
28915 Northbay Rd
Distance between this listing and this school0.62 miles
Public District Grades 6-8
9
/10
Palos Verdes Intermediate School
2161 Via Olivera
Distance between this listing and this school1.52 miles
Public District Grades 6-8
9
/10
Richardson Middle School
23751 Nancylee Ln
Distance between this listing and this school3.31 miles
Public District Grades 6-8
Nearby Schools
10
/10
Palos Verdes Peninsula High School
27118 Silver Spur Rd
Distance between this listing and this school1.24 miles
Public District Grades 9-12
5
/10
Rancho del Mar High (Continuation)
38 Crest Rd W
Distance between this listing and this school1.82 miles
Public District Grades 10-12
10
/10
Palos Verdes High School
600 Cloyden Rd
Distance between this listing and this school2.00 miles
The neighbors living near this home have an average income of $124,855. Most Rancho Palos Verdes, CA residents have annual incomes between $100k-200k. 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 29403 Indian Valley Rd
What is the listing price of this property?
The listing price of 29403 Indian Valley Rd property is $2,700,000.
What type of property is this?
The property 29403 Indian Valley Rd is a house located in Rancho Palos Verdes, California, 90275.
Is this property for sale now?
Accepting Backup Offers: 29403 Indian Valley Rd 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 $5,063 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 29403 Indian Valley Rd has 11 bedrooms and 8 bathrooms.
What is the square footage of this property?
The property 29403 Indian Valley Rd is 5,324 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 29403 Indian Valley Rd is 1972.
Interested in 29403 Indian Valley Rd? Let's connect.
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This home is located at 29403 Indian Valley Rd in Rancho Palos Verdes, CA and zip code 90275 in the Crest neighborhood. This 5,324 square foot home, which was built in 1972, sits on a 0.31 acre lot. Features: 11 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $2,700,000.
Over 11 listings were sold over their listed price in October 2024 in Rancho Palos Verdes, CA. In the same period over 20 listings were sold below the listed price and 2 listings were sold for the listed price. In October 2024 in Rancho Palos Verdes, CA there were 6% more homes for sale than in September 2024. In October 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $1,729,200.
From Rocket Homes Real Estate and based on county public records data.
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. 
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