1032 Via Palestra, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 3 bed, 4 bath
1032 Via Palestra
Palos Verdes Estates, California 90274
Property Price
SUMMARY
Analysis of 1032 Via Palestra, Palos Verdes Estates, California 90274 reveals a property with a current list price of $2,049,000, which is 7% above the estimated $1,899,892 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Palos Verdes Estates Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1032 Via Palestra Subject | $2,049,000* List Price | 3 | 4 | 2,501 | $760 | - |
A 2617 Via Rivera Sold | $2,300,000 | 4 | 4 | 2,817 | $816 | 0.2 mi |
B 2525 Via Amador Sold | $2,492,500 | 5 | 4 | 2,736 | $911 | 0.2 mi |
C 2641 Palos Verdes Drive West Sold | $2,075,000 | 4 | 3 | 2,100 | $988 | 0.3 mi |
D 1737 Via Boronada Sold | $2,187,500 | 4 | 3 | 2,619 | $835 | 0.6 mi |
E 1917 Via Estudillo Sold | $2,111,000 | 5 | 4 | 2,900 | $728 | 0.4 mi |
F 2560 Via Sanchez Sold | $2,175,000 | 4 | 3 | 2,884 | $754 | 0.2 mi |
G 29 Margate Active Under Contract | $2,100,000 List Price | 4 | 3 | 2,378 | $883 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
This 1958 property is explicitly marketed as a 'fixer' and 'blank canvas' requiring substantial rehabilitation. The interior features dated wood paneling, aged carpeting, and original mid-century infrastructure. Both the kitchen and bathrooms require complete modernization, and the listing suggests the home is a candidate for a full restoration or total reimagining.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Montemalaga Elementary School (10/10). Middle School: Palos Verdes Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
- Prime Coastal Location
Situated in a quiet cul-de-sac within the prestigious Lunada Bay area, the property is walking distance to local amenities, Lunada Bay Plaza, and scenic bluff trails.
- Ocean and Coastline Views
The home's elevated orientation provides desirable views of the Pacific Ocean and coastline, a premium feature that significantly enhances the property's long-term value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9700, other record lot size in square feet = 9056. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2501, other record living area = 2320.
- Significant Renovation Required
Explicitly listed as a fixer-upper, the property requires substantial capital investment and a comprehensive vision to restore or reimagine the existing structure.
- Dated 1950s Infrastructure
Built in 1958, the home likely requires extensive modernization of core systems, including electrical, plumbing, and structural elements, to meet contemporary luxury standards.
About 1032 Via Palestra
Nestled in the coveted coastal enclave of Palos Verdes Estates, this home is tucked away nicely in a quiet cul-de-sac walking distance to Lunada Bay Plaza. This rare opportunity offers ocean views and endless potential for transformation. Set on a generous lot in one of the South Bay’s most desirable neighborhoods, this fixer is a blank canvas awaiting your vision. Enjoy cooling sea breezes, and the serenity that defines life near Lunada Bay. Whether you’re looking to restore, remodel, or reimagine entirely, the property’s elevated position and orientation provide a prime foundation for a stunning coastal retreat. Moments from scenic bluff-top trails, charming local shops, and award-winning schools, this is a chance to create a custom dream home in a premier location—where value meets vision, and ocean-view living becomes a reality.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 9,700 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palos Verdes Estates Unified Schools
Montemalaga Elementary School
Grades K-5 • 0.1 mi
Silver Spur Elementary School
Grades K-5 • 1.1 mi
Vista Grande Elementary School
Grades K-5 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 26% |
| Baths | 4.0 | 3.0 | 56% |
| Square foot | 2,501 | 2,887 | 32% |
| Lot Size | 9,700 | 14,789 | 28% |
| Price | $2.05M | $2.50M | 24% |
| Price per sq ft | $819 | $950 | 25% |
| Built year | 1958 | 1962 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 187 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$2,049,000
Initial Listing
Sold
Nov 20, 2001
$768,000
Public Record
Sold
Apr 29, 1997
$495,000
Public Record