30 Peppertree Drive, Rancho Palos Verdes, CA 90275
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Sold Price :
$58,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
Property Description
BUY AND HOLD OPPORTUNITY: the land is NOT BUILDABLE per City restrictions due to land movement in the area.
Located in the private community of Portugese Bend, just several minutes drive to Terranea Resort and architectural wonder Wayfarer Chapel, is this vacant piece of land with amazing bluff and ocean views. This parcel is right next to a property (1 Limetree Ln) that recently sold for $1.55 million. It is also two houses west of another property (26 Peppertree Dr) that sold for about $1.3 million last year.
The land is in between 1 Limetree (with the house) and 2 Tangerine, which is a vacant land as well that is being graded (Owner placed Not for Sale signs). Lengthwise, this land is about the same length as the two properties on both sides. There is an issue with the neighbor nextdoor on 1 Limetree as the neighbor has encroached about half of this land diagonally with his wooden fence.
No surveys have been done. Assessor data shows dimensions for this rectangular lot at 53 ft x 148 ft for a total area of 7,844 sqft. Measurement starts from the middle of the street. It is flat land as you enter from the street (possible parking), slopes down, slopes up, and flattens out towards the end.
A garden can be made out of this raw land. Think of it as an extension of your backyard or a private oasis where you can just sit, relax, have coffee, and enjoy the views and nature... meditate/do yoga... or host a family picnic.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
30 Peppertree Drive |
| City |
Rancho Palos Verdes |
| State |
CA |
| Zip |
90275 |
| County |
Los Angeles |
| Listing Agent |
Freyen Santiago DRE #01955193 |
| Courtesy Of |
West Shores Realty, Inc. |
| Close Price |
$58,000 |
| Status |
Closed |
| Type |
Land |
| Structure Size |
N/A |
| Lot Size |
7,844 |
Listing information courtesy of: Freyen Santiago, West Shores Realty, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 15th, 2021 at 3:07 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.
