30 PEPPERTREE DRIVE, RANCHO PALOS VERDES CA 90275

  • 7,844 sq.ft. lot
offered at $75,000
MLS#:IN20221373
Status: Active // Property Type:
Project/Tract: Portugese Bend // County: Los Angeles // Association Fees: $17.00/mo

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 3 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.

Listing Courtesy of Freyen Santiago, West Shores Realty, Inc.

Exterior Features

Exterior Features: Stable(s)
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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Based on information from California Regional Multiple Listing Service, Inc. as of October 12, 2021. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.