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    30 Peppertree Drive

    Rancho Palos Verdes, CA 90275
    • $75,000
    • STATUS: Active Under Contract
    • ON SITE: 335 days
    • ID#: IN20221373
    Under Contract
    UPDATED: 36 min ago
    $75,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    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 $1.3 million last year. The land is in between 1 Limetree (with the house) and 3 Tangerine, which is a vacant land as well that is being graded (Owner placed Not for Sale signs). Lengthwise, this land is the same length as the two properties on both sides.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. Land can be graded, just like what is being done to the vacant land next to it.Possible current uses include a garden and a viewing deck (See photos for rendering). Think of it as an extension of your backyard where you can just sit, relax, have coffee, and enjoy the views and nature... meditate/do yoga... or host a family picnic.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-21T12:27:12.83. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Powerhouse Real Estate. Licensed in the State of California, USA.
    www.thepowerhouserealestate.com/homes/111200364
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    30 Peppertree Drive Rancho Palos Verdes, CA 90275

    • Price: $75,000
    • Status: Active Under Contract
    • Updated: 36 min ago
    • ID#: IN20221373
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    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 $1.3 million last year. The land is in between 1 Limetree (with the house) and 3 Tangerine, which is a vacant land as well that is being graded (Owner placed Not for Sale signs). Lengthwise, this land is the same length as the two properties on both sides.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. Land can be graded, just like what is being done to the vacant land next to it.Possible current uses include a garden and a viewing deck (See photos for rendering). Think of it as an extension of your backyard where you can just sit, relax, have coffee, and enjoy the views and nature... meditate/do yoga... or host a family picnic.
    Exterior Features

    Lot Features Sloped DownRectangular LotStreet Level View BluffCatalinaOcean View YN Yes

    Property Features

    Additional Parcels YN No Association Fee 17 Association Fee Frequency Annually Association YN Yes Common Interest None Community Features Stable(S) Contingency None. Land Lease YN No Listing Agreement Open Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New Loan New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning Rpoh&E*

    Listing provided courtesy of Freyen Santiago of West Shores Realty, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-21T12:27:12.83. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Powerhouse Real Estate. Licensed in the State of California, USA.
     
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