
Palos Verdes Peninsula, California 90274
This Spanish-style Malaga Cove residence is a Strong Value Opportunity, listed at $2,999,000—positioned well below the $3,042,541 Fair Market Value by 1%. This valuation gap offers $43,541 in Instant Equity. Featuring a Condition Rating of 4, the home offers breathtaking 180-degree panoramic views and an accessible main-level floorplan. While the interior retains vintage elements, the resort-style backyard with an in-ground spa and Trex deck provides immediate lifestyle appeal. This property is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1613 Via Lazo Subject | $2,999,000* List Price | 3 | 3 | 2,778 | $1,063 | - |
A 628 Via Del Monte Sold | $3,110,000 | 4 | 4 | 2,762 | $1,126 | 0.4 mi |
B 1605 Via Lazo Active | $3,250,000 List Price | 3 | 2 | 2,418 | $1,344 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1952, the home features kitchen and bathroom renovations that appear to be 15-30 years old. While the property is clean, functional, and well-maintained, elements like the pink soaking tub, oak cabinetry, and tile countertops are dated and will require modern updates.
The property features breathtaking 180-degree vistas of the Pacific Ocean and the 'Queen’s Necklace' coastline, with underground utilities ensuring an unobstructed and clean skyline.
The primary suite, kitchen, and main living areas are all located on the entry level with near-level access from the garage, offering excellent functionality for those with limited mobility.
The home boasts a resort-style backyard with a PV stone patio, in-ground spa, and fire pit, complemented by a private, lushly landscaped front courtyard for a seamless indoor-outdoor lifestyle.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Originally a four-bedroom home, the conversion of two main-level rooms into a single primary suite leaves only three bedrooms, which may be a drawback for larger families.
Despite an updated kitchen, the 1952 construction includes 'old-school' features like the basement bar that may require further modernization to meet current luxury market expectations.
Welcome to your own slice of Heaven, with breathtaking 180° views of the Pacific Ocean and the Queen’s Necklace. From the front door, a wall of windows frames the sweeping vistas! The captivating view includes the sandy white beaches of Redondo, Hermosa, and Manhattan Beach, to the hills of the Pacific Palisades and the tip of Malibu! This beautiful Spanish-style Malaga Cove home sits on a short, quiet street that's just minutes to Malaga Cove Plaza, Lunada Bay Plaza, and scenic walking trails. As a bonus, all utilities are underground which preserves the clean, uncluttered skyline, enhancing the views. Originally built as a four-bedroom home, the two bedrooms on the main entry level were combined to create an expansive primary suite with French doors that open to a large balcony, and a spa-like bathroom with three-sided fireplace, soaking tub, separate shower, dual sinks, and two walk-in closets. The dramatic ocean, coastline, and city views provide a stunning backdrop, both day and night! The main level of the home can be accessed directly from the garage via a tiny ½ step, so this main level could work well for people with limited mobility that want to avoid stairs! This level has the large primary suite, the spacious living room with wood-burning fireplace, a big dining area, an updated kitchen with attached laundry room with pantry cabinets, and a 3/4 guest bath. An ideal layout! The living room, dining room, and primary suite have French doors that open to the fabulous view balcony, creating a seamless flow to the outdoor entertaining space. Downstairs, you’ll find the huge family room complete with an old-school bar and wine cellar, and French doors that open to the lush backyard. This room is perfect for game nights, gatherings, or just lounging. The two bedrooms on this level share a large full bath. The family room and the west-facing bedroom open directly to the private patio and large backyard retreat. The backyard is a serene, private oasis and is an entertainer’s dream, featuring a PV stone patio, a Trex deck with in-ground spa, a fire pit, and a large grassy lawn surrounded by lush greenery, mature trees, palms, and colorful flowers. The welcoming, totally private courtyard by the front entrance is so charming with red brick, mature trees and lush landscaping. Don’t miss this rare opportunity to own an exceptional Malaga Cove home with awe-inspiring views, a terrific floorplan, and an ideal indoor–outdoor lifestyle!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,778 | 2,178 |
| Lot Size | 8,006 | 23,232 |
| Price | $3.00M | $2.29M |
| Price per sq ft | $1.1K | $981 |
| Built year | 1952 | 1960 |
| HOA | $0 | $0 |
| Days on market | 37 | 35 |
Jun 15, 2026
$2,999,000
Initial Listing