2229 Via Cerritos, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 3 bed, 4 bath
2229 Via Cerritos
Palos Verdes Estates, California 90274
Property Price
SUMMARY
Analysis of 2229 Via Cerritos, Palos Verdes Estates, California 90274 is currently available with a list price of $2,899,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1969 and described by the listing agent as a 'blank slate,' this property is in mostly original condition and requires significant cosmetic and functional modernization. While the home is spacious and offers premium views, the kitchen and bathrooms appear to lack any recent updates, likely featuring dated cabinetry, older appliances, and mid-century fixtures. The interior requires a comprehensive overhaul of flooring, lighting, and potentially major systems to meet current luxury standards, though the structure remains functional and well-maintained enough to avoid a 'poor' or 'tear-down' classification.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 20203, living area = 4480.
- 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).
- Exceptional Panoramic Views
The property offers rare, unobstructed ocean views from every window and city light views extending to the Hollywood sign, providing a premium visual experience that significantly enhances its market 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 =20203, other record lot size in square feet = 9011. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4480, other record living area = 2289.
- Extensive Renovation Required
The interior is described as a blank slate, implying that the 1969-built home requires a comprehensive and costly remodel to update finishes and layout to modern luxury standards.
- Potential System Modernization
Given the property's age and original condition, buyers should anticipate the need for significant investment in modernizing structural systems, plumbing, and energy efficiency.
About 2229 Via Cerritos
Incredible property with everything a prestigious homeowner wants. Ocean views from every window, city views all the way to the Hollywood sign. 20,000 square foot lot with pool and mature landscaping. Inside is a blank slate waiting for your personal touches. Large primary bedroom and bath complete with actual dressing room with an abundance of closets. A kitchen that opens to a formal dining room or den featuring floor to ceiling windows and two sliding doors leading to open decks overlooking the pool area. Your main room is huge with a fireplace at one end and more floor to ceiling windows facing the ocean. There are two additional good size bedrooms and an office that could be a fourth bedroom. Plus a family room large enough for a full size pool table and dart board that opens to an enclosed patio with spa. There is garage space for four cars with 220 amps service and a cool mechanics pit that could also be an incredible wine cellar.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 20,203 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 • 0.2 mi
Silver Spur Elementary School
Grades K-5 • 1.0 mi
Vista Grande Elementary School
Grades K-5 • 1.6 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 | 4,480 | 2,900 | 87% |
| Lot Size | 20,203 | 14,790 | 72% |
| Price | $2.90M | $2.50M | 61% |
| Price per sq ft | $647 | $955 | 10% |
| Built year | 1969 | 1962 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 184 | 2% |
Pricing History
Listed for Sale
Feb 10, 2026
$2,899,000
Initial Listing
Sold
Mar 12, 2004
$1,385,000
Public Record