6542 Ocean Crest Drive C-309, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 2 bed, 2 bath
ACTIVE UNDER CONTRACT$579,000
6542 Ocean Crest Drive C-309, Rancho Palos Verdes, California 90275
2Beds
2Baths
1,068Sqft
Lot
Year Built
1973
Close
-
List price
$579K
Original List price
$599K
Price/Sqft
$542
HOA
$630
Days on market
-
Sold On
-
MLS number
PV25224158
Home ConditionPoor
Features
Good View: Park/Greenbelt, Pool
Deck
Pool
Spa
ViewPark/Greenbelt, Pool
About this home
We found 3 Cons,5 Pros. Rank: price - $579.0K(12th), sqft - 1068(8th), beds - 2(50th), baths - 2(50th).
Back in escrow. TOP 3rd FLOOR 2 bedroom, 2 bath Condo in 1068sf. Vaulted Wood Beam Ceilings, Large Balcony overlooking Landscaping and Pool & Spa area. Two Side by Side Parking Spaces 46 & 47 next to the Elevator. Lowest priced Top Floor unit in entire community. Very Short Walk to Community Pool, Spa and Gym. Short Drive to Schools, Bus Stops, Parks, Shopping at Peninsula Center and Golden Cove.
Price History
Date
Event
Price
11/30/25
Price Change
$579,000-1.5%
11/21/25
Price Change
$588,000+1.7%
11/07/25
Price Change
$578,000-1.7%
10/25/25
Price Change
$588,000-1.8%
10/02/25
Listing
$599,000
04/29/11
Sold
$425,000
11/04/03
Sold
$370,000
Condition Rating
Poor
The property was built in 1973, making it over 50 years old. The kitchen is significantly outdated with 4x4 tiled countertops and backsplash, older cabinets, a dated fluorescent light fixture, and appliances that appear to be 10-15+ years old. The carpets in the bedrooms show wear. While functional, the critical areas like the kitchen (and likely bathrooms, though not pictured) require substantial renovation and rehabilitation to meet current aesthetic and functional standards, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Top Floor & Architectural Charm: As a top 3rd-floor unit, it offers enhanced privacy and potentially better views. The vaulted wood beam ceilings add unique architectural character and a sense of spaciousness.
Premium Parking: The property includes two side-by-side parking spaces conveniently located next to the elevator, a significant advantage for condo living.
Excellent Community Amenities Access: Residents benefit from a very short walk to the community pool, spa, and gym, providing easy access to recreational facilities.
Desirable Location & Local Conveniences: Located in Rancho Palos Verdes within the highly-rated Palos Verdes Peninsula Unified school district, with a short drive to schools, bus stops, parks, and shopping centers like Peninsula Center and Golden Cove.
Competitive Market Value: Currently positioned as the lowest-priced top-floor unit in the entire community, offering a strong value proposition for potential buyers.
Cons
High Monthly Association Fee: The association fee of $630.00 per month is substantial and will significantly impact the overall monthly housing cost for a buyer.
Building Age: Built in 1973, the property is over 50 years old, which may suggest older infrastructure, potential for future maintenance issues, or a need for interior updates beyond what is currently described.
History of Price Reductions: Multiple price reductions from the original list price indicate potential market resistance or an initial overvaluation, which could raise questions for buyers regarding its true market value or future appreciation.