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$1,225,000

Beds
3
Baths
2.0
sq ft
1,527

3200 La Rotonda Dr Unit 514, Rancho Palos Verdes, CA 90275

3200 La Rotonda Dr Unit 514

Rancho Palos Verdes, CA 90275

  • 57 days on market
    • Price drop $25,000↓
Seller is offering assumption on current VA loan (new borrower(s) doesn’t need to be Vet). Loan original date is 12/24/2019, for a 30 year fixed, gives you over 24 years to go on the balance of $745k at the fixed rate of 2.25%. Experience unparalleled sunsets over the Pacific Ocean, Catalina Island, and expansive golf course vistas reaching to Terranea Resort from this exquisite, rarely available one-level 3-bedroom condo in Rancho Palos Verdes. Nestled within the coveted Ocean Terrace Complex overlooking Trump National Golf Course, this residence showcases a tasteful renovation featuring a custom kitchen and baths with bespoke cabinetry, quartz countertops, marble backsplash, and top-of-the-line stainless steel appliances including induction heating. The master suite boasts an adjacent primary bath, complemented by wood tile flooring in living areas and plush carpeting in bedrooms. Enjoy the convenience of two assigned parking spaces with a generous adjacent storage closet. Premier amenities at Ocean Terrace include a poolside lounge, an inviting pool and hot tub with sweeping ocean views, private tennis courts, a state-of-the-art fitness center, dog park, and a recreation center complete with a kitchen, billiards room, and sauna. Situated on a serene cul-de-sac in the highly sought-after Palos Verdes neighborhood, this condo offers easy access to upscale golf courses, scenic hiking trails along the coastline, secluded beaches, and enchanting ocean coves. Revel in unobstructed vistas of Trump National Golf Club of Los Angeles and proximity to renowned destinations such as Terranea Resort & Spa, Los Verdes Golf Course, and the finest dining and shopping options along the coast. Conveniently located within excellent school districts and just moments from major freeways, this residence provides easy access to I-110, I-405, LAX, downtown Los Angeles, and Beverly Hills. HOA dues encompass essential services including water, trash, gas, sewage, on-site management, and maintenance of common areas, ensuring a carefree lifestyle of luxury and comfort. Embrace the epitome of coastal living in this prestigious Rancho Palos Verdes condominium. Arrange a private viewing to discover a residence where luxury meets tranquility.

Details

Property type

Condominium

Est. home value

$1,161,808

Lot size

5.5567 acres

Price per sq ft

$803

Year built

1974

Monthly HOA fee

$1,011.25

Price History

08/06/2024
CRMLS

CRMLS #OC24132716

Price change
$1,225,000
-2%
07/12/2024
CRMLS

CRMLS #OC24132716

Listed
$1,250,000
+50.06%
12/27/2019
CRMLS

CRMLS #PV19188601

Sold
$833,000
+15.69%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Peninsula

Community features: 

Curbs, Golf, Park, Street Lights, Suburban, Sidewalks

High school district: 

Palo Verde Unified

Number of units in community: 

100

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$378,007
Asking price
$1,225,000
Closing costs (~8% of asking)
-$98,000
Est. remaining loan balance
-$748,993
Cash to seller
$378,007

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

The Federal Savings Bank

Loan start date

October 2020

Original loan amount

$818,300

Est. remaining balance

$748,993

Interest rate

2.91%

Loan type

VA, 30 year

Seller

Roman Fry

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/07/2024 at 12:40 PM

Listing updated: 08/20/2024 at 8:40 PM

Listed by: Sean Sadri, Sadri Group Phone #: (949) 899-2600

MLS: CRMLS #OC24132716

CRMLS logo