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Palos Verdes

Palos Verdes

Palos Verdes
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

5965 Peacock Ridge Rd
Rancho Palos Verdes, CA 90275-3479
53 Units
4 Stories
1974 Year Built
$746K - $1.1M Value Range

Available Units

For Sale
No Units Available
For Rent
No Units Available

Highlights

  • Golf Course Community
  • Montemalaga Elementary School Rated A+
  • Fitness Center
  • View of Trees or Woods
  • Open Floorplan
  • Clubhouse

Coastal Living with Panoramic Views

Palos Verdes is a four-story condominium building completed in 1974, located on the picturesque bluffs of the Palos Verdes Peninsula, about 30 miles south of Los Angeles. The building houses 53 units and offers a serene living environment with breathtaking views of the Pacific Ocean. The architecture of Palos Verdes blends seamlessly with the natural beauty of its surroundings, providing residents with a tranquil and scenic living experience.

Spacious Two-Bedroom Units with Modern Updates

Palos Verdes offers two-bedroom units ranging from 1,249 to 1,363 square feet, with one to two bathrooms. These units are priced between $760,000 and $1,079,000. Each unit is designed to maximize natural light and space, featuring large windows and private balconies that offer stunning ocean views. The interiors have been thoughtfully updated with modern amenities, including marble countertops, stainless steel appliances, and tile flooring in the kitchens. Living rooms are cozy with remodeled gas fireplaces and double-pane slider doors leading to the balconies. The primary bedrooms are spacious, with walk-in closets and ensuite bathrooms equipped with double vanities and walk-in showers. Hardwood floors and elegant fixtures add a touch of sophistication to these homes.

Comprehensive Amenities for a Comfortable Lifestyle

Palos Verdes provides a range of amenities designed to enhance the living experience of its residents. The building features an elevator for easy access to all floors, a swimming pool for relaxation, and a well-equipped gym for fitness enthusiasts. A rec room with a pool table offers a space for socializing and entertainment. Each unit comes with air conditioning, heating, and ceiling fans to ensure comfort throughout the year. Additional amenities include a clubhouse, dishwasher, fireplace, fitness center, microwave, washer/dryer, and granite countertops. The building also offers on-site parking with two side-by-side spots and private storage cabinets for each unit.

Natural Beauty and Recreational Opportunities

Rancho Palos Verdes, where Palos Verdes is located, is known for its exceptional blend of natural beauty, residential charm, and recreational amenities. The area is rich in green spaces and offers access to the ocean, where residents can enjoy whale watching and other marine life. The Palos Verdes Nature Preserve, spanning over 1,400 acres, is a highlight, featuring hiking and equestrian trails that connect to other natural areas like Abalone Cove Park and Portuguese Bend Reserve. For shopping and dining, residents have access to Golden Cove, which offers a variety of restaurants and a Trader Joe’s for groceries. The Promenade shopping center and Terranea Beach also provide a mix of local boutiques and dining options. Despite its serene ambiance, Rancho Palos Verdes is conveniently close to the greater LA area, offering a broader spectrum of urban amenities.

Convenient Access to Major Airports and Highways

While Rancho Palos Verdes is primarily car-dependent, it offers convenient access to major highways and airports. The building is about 30 minutes from Long Beach Airport and 25 minutes from Los Angeles International Airport, making travel easy for residents. The Palos Verdes Peninsula Transit Authority operates several bus routes in the area, providing additional transportation options. The proximity to I-110 and the 405 ensures that residents can easily reach downtown Los Angeles and other parts of the city.

Building Details

Views

  • Woods
  • Neighborhood

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Park
  • Hiking Trails

Amenities

  • Clubhouse
  • Recreation Room
  • Resident Manager or Management On Site
  • Controlled Access

Parking

  • 2 Garage Spaces Per Unit
  • 2 Car Garage

Pet Policy

  • Pet Restriction

Condo Association

  • $609 Monthly HOA Fees
  • Palos Verdes Penthouse HOA, Phone Number (310) 803-8193
  • Classic Property Management HOA

Unit Features

  • Open Floorplan
  • Laundry Room
  • Washer and Electric Dryer Hookup
  • Balcony

Unit Information

Unit
201
Date
04/30/2024
Beds
2 Beds
Baths
2 Baths
Sq Ft
1,249
Price
$760,000
Price / Sq Ft
$608 / Sq Ft

Unit Size and Value Ranges

2 Bedroom Units
Sq Ft Range
1,249 - 1,363
Est. Values
$745,501 - $1,066,945

Map

Area Factors

Low Crime

Crime Score®

2 / 10

Somewhat Bikeable

Bike Score®

25 / 100

Car-Dependent

Walk Score®

21 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

73 / 100

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Air Pollution®

N/A / 10

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Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$300K - $1.1M
Range of Taxes in Building
$3,480 - $12,513
Range of Taxes per Sq Ft
$2.75 - $9.18

Property Tax History

Source: Public Records
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.