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1212 Granvia Altamira, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 4 bed, 6 bath

1212 Granvia Altamira, Palos Verdes Estates, California 90274 home-pic-0
ACTIVE$2,600,000
1212 Granvia Altamira, Palos Verdes Estates, California 90274
4Beds
6Baths
3,001Sqft
12,723Lot
Year Built
1962
Close
-
List price
$2.6M
Original List price
$2.48M
Price/Sqft
$866
HOA
-
Days on market
-
Sold On
-
MLS number
PW25031150
Home ConditionPoor
Features
Good View: Coastline, Ocean
Pool
Patio
ViewCoastline, Ocean

About this home

Possibly Over-Priced:The estimated price is 20% below the list price. We found 3 Cons,7 Pros. Rank: price - $2.60M(51th), sqft - 3001(56th), beds - 4(50th), baths - 6(93th).

*Notice Changes- Home currently have substantial concrete/retaining work done but, still very much for sale* Charming Single-Story Home in Desirable Palos Verdes Estates Don’t miss the opportunity to see this beautiful single-story home in one of Palos Verdes Estates’ most sought-after neighborhoods. With the potential for breathtaking ocean coastal views, this property offers endless possibilities. Featuring 4 spacious bedrooms and 3.5 bathrooms, this home boasts a quaint patio area, perfect for enjoying the serene surroundings. The incredible curb appeal, privacy, and detached car garage, make it a fantastic opportunity for any buyer. Nestled in a private and peaceful setting, this home has the potential to become something truly special. If you’re looking for a property with charm, character, and room to make it your own, this is it! Schedule a viewing today—this one won’t last long! Structural available for review

Nearby schools

10/10
Montemalaga Elementary School
Public,•K-5•0.5mi
9/10
Silver Spur Elementary School
Public,•K-5•0.6mi
9/10
Vista Grande Elementary School
Public,•K-5•1.5mi
7/10
Lunada Bay Elementary School
Public,•K-5•2.3mi
9/10
Ridgecrest Intermediate School
Public,•6-8•1.5mi
9/10
Palos Verdes Intermediate School
Public,•6-8•1.7mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•0.9mi
8/10
Palos Verdes High School
Public,•9-12•2.0mi

Price History

Date
Event
Price
11/18/05
Sold
$650,000
Condition Rating
Poor
Built in 1962, this property shows significant signs of age and a lack of major renovations for several decades. The interior images reveal extremely dated elements such as old patterned carpets, wood paneling, popcorn ceilings, outdated light fixtures, and old wallpaper, indicating that the kitchen and bathrooms are likely in similar original or very old condition. The listing explicitly mentions 'substantial concrete/retaining work done' and 'Structural available for review,' which points to potential significant defects affecting the property's soundness or structural integrity, requiring substantial repairs and rehabilitation. While it offers potential and views, it is far from move-in ready and requires extensive modernization and structural assessment.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12723, living area = 3001.
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 Location: Situated in the highly desirable Palos Verdes Estates, known for its exclusivity and quality of life.
Ocean & Coastline Views: The property offers valuable coastline and ocean views, a premium feature in this market.
Excellent School District: Located within the top-rated Palos Verdes Peninsula Unified School District, with high-performing elementary and high schools nearby.
Generous Lot Size: A substantial 12,723 sqft lot provides ample outdoor space, privacy, and potential for landscaping or expansion.
Single-Story Charm & Curb Appeal: The charming single-story design and 'incredible curb appeal' offer broad appeal and a welcoming aesthetic.

Cons

Structural Concerns: The listing explicitly mentions 'substantial concrete/retaining work done' and 'Structural available for review,' indicating potential past or ongoing structural issues that require thorough due diligence and may incur significant costs.
Renovation Required: Built in 1962, the home likely requires significant modernization and upgrades to meet contemporary buyer expectations, as suggested by phrases like 'potential to become something truly special' and 'room to make it your own'.
Overpriced Relative to Market Value: The current listing price is 20% higher than the estimated property value, suggesting it may be overvalued given its condition and the implied need for substantial investment.

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