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$5,995,000

Est. payment - /mo

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8 Beds

8 Baths

6,278 SqFt

New

2404 Via Campesina Palos Verdes Estates, CA 90274

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,278 sqft

Price per Sqft $954

MLS Listing ID 26636735

Bedrooms 8

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1954

Lot Size 0.331 Acres

Property Description

Pride of Ownership is what you will find with this beautiful 8-unit income property that is located in one of the most prestigious neighborhoods in LA, Malaga Cove, in the heart of Palos Verdes Estates! Income properties like these rarely come on the market (only 26 multi-family properties are available in Palos Verdes) and even more rare is finding one in this completely remodeled condition and location! The property is adjacent to the Malaga Cove Library and steps away from the Malaga Cove Plaza and the beach. This beautiful coastal community is an upscale area that overlooks the ocean reminiscent of the South of France. You will find stunning multi-million dollar homes on the peninsula, a highly rated school district and an enclave that attracts celebrities to live and play in this beautiful community! 2404 and 2412 Via Campesina are made up of two 4-unit properties being sold together as one. They consist of eight 1 Bedroom 1 Bath units with upside in rents with a total rentable living area of 6,278 sq ft on a massive combined 14,406 sq ft lot. Current ownership has invested over a half a million dollars into the property since purchased and has made it a pride of the cove. As we have seen, opportunities to own a trophy property like this don't come around everyday! Residential financing is available for these units. Also, keep in mind with Assembly Bill 1211 that went into effect on Jan. 1st, 2025, ADU allowances are now allowed on multifamily zoned properties. The bill permits up to eight detached ADUs, as long as the number does not exceed the existing units within the property and allows ADUs to be built in existing uncovered parking areas without requiring off-street replacement parking.

Location

State CA

County Los Angeles

Area 163 - Malaga Cove

Zoning PVRMYY

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Tile, Wood

Fireplace No

Appliance Dryer, Washer

Laundry Common Area

Exterior

Parking Features Door-Multi, Door-Single, Garage, On Street

Garage Spaces 10.0

Garage Description 10.0

Pool None

Roof Type Tile

Total Parking Spaces 10

Private Pool No

Building

Entry Level Two,Multi/Split

Level or Stories Two, Multi/Split

New Construction No

Construction Status Updated/Remodeled

Schools

School District Palos Verdes Peninsula Unified

Others

Senior Community No

Tax ID 7539022017

Special Listing Condition Standard

Listed by Gulshen Kaur RPM Realty, Inc.

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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