7 Clipper Rd - Multi-Family FOR SALE


Rancho Palos Verdes, CA 90275
$2,500,000 USD
310-480-2130
7 Clipper Rd, Rancho Palos Verdes, CA for Sale
$2,500,000 USD
Multi-Family - FOR SALE
1/20
null | 2.91% Cap Rate

7 Clipper Rd
Rancho Palos Verdes, CA 90275


HIGHLIGHTS

  • Desirable unit mix of (1) owners suite 4 Bedroom / 2 Bath, (1) 2 Bed / 2 Bath, and (2) 1 Bed / 1 Bath units.
  • Units are large and well laid out, and three units have beautiful ocean views!
  • Property Amenities include: a tranquil courtyard, onsite laundry room, ample onsite parking, fireplaces in owner’s unit, attractive finishes and mor
  • PV has award winning schools, coastal beauty and multifamily investments there are incredibly limited and rare.

OVERVIEW

The Cohen Group is proud to present 7 Clipper Road, a rare four-unit offering in the heart of Rancho Palos Verdes. Perfect for investors or owner-occupants, this seaside property sits on a generous 7,282 sq ft lot just one block from the Pacific Ocean, boasting panoramic views of the bay and surrounding cliffs. The 4,457 sq ft building features an exceptional unit mix: • (1) Four Bed / Two Bath • (1) Two Bed / Two Bath • (2) One Bed / One Bath Each unit is significantly larger than average, with well-designed layouts. The largest unit boasts fireplaces and washer/dryer hookups, and other attractive finishes. Three of the four units enjoy ocean views, and two have been recently updated—while the remaining two offer substantial upside potential. Additional highlights include: • All-electric property • Newer roof replaced six years ago (Buyer to verify) • Onsite laundry and garage storage • Quiet shared patio for tenants • Under-market rents with clear value-add opportunity • First time on the market in decades Rancho Palos Verdes is renowned for its top-tier schools, coastal beauty, and upscale amenities. Multifamily opportunities in this enclave are exceedingly rare—don’t miss your chance to own this legacy asset. To discuss writing your offer, contact Josh Cohen today.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$561 USD /SF

# OF UNITS

4

PRICE/UNIT

$625,000

CAP RATE

2.91%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,282 SF

ZONING

-

APN/PARCEL ID

7573-009-017

ASK ABOUT THIS PROPERTY

Joshua CohenThe Cohen GroupMore Info
310-480-2130

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Joshua CohenThe Cohen GroupMore Info
310-480-2130

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.