United StatesCaliforniaPalos Verdes Estates2404 Via Campesina

2404 Via Campesina 2404 Via Campesina Palos Verdes Estates, California 90274 United States

$6,775,000
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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...

RPM Realty, Inc.

Listing Courtesy of RPM Realty, Inc.
$6,775,000
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8
Bedrooms
583 m²
Interior
1,335 m²
Exterior
Residential Income
Property type
1954
Year Built
25494633
Web Id
25494633
MLS ID
Palos Verdes Peninsula Unified
School District
110
days ago

About 2404 Via Campesina

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.

Listing Courtesy of Deborah Naumovski, RPM Realty, Inc., 01889637, Gulshen Kaur, RPM Realty, Inc., 01889843, Active

Amenities

  • Carpeted Floors
  • Tile Flooring
  • Wood Floors
  • Washer Included
  • Dryer Included

features

cooling
Propane Heating
Parking
Garage

PROPERTY INFORMATION

Appliances
Dryer, Washer
Garage Info
10
Heating
WallFurnace
Parking Description
DoorMulti, DoorSingle, Garage, OnStreet

EXTERIOR

Roofing
Tile

INTERIOR

Flooring
Carpet, Tile, Wood

ADDITIONAL INFORMATION

Number of Units
8
Listing Courtesy of RPM Realty, Inc.

RPM Realty, Inc.

Listing Courtesy of RPM Realty, Inc.
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