6542 Ocean Crest, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 2 bed, 2 bath
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Rancho Palos Verdes, California 90275
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well above the $711,885 Fair Market Value by -26%. While the property features Panoramic Ocean and Catalina Island Views, the Condition Rating of 4 indicates a need for significant modernization of interior finishes. The discrepancy in square footage and aging infrastructure requires careful due diligence. This asset is best suited for Value-Add Investors or Contractors capable of navigating the renovation requirements to unlock the site's coastal potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6542 Ocean Crest Subject | $899,000* List Price | 2 | 2 | 1,068 | $667 | - |
A 5917 Armaga Spring Sold | $662,000 | 2 | 2 | 1,071 | $618 | 0.9 mi |
B 5927 Armaga Spring Road I Active | $675,000 List Price | 2 | 2 | 1,071 | $630 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property is dated and shows signs of age. The kitchen features older white cabinetry and white appliances that, while functional, are past their prime. Although stone countertops were likely added 15-20 years ago, the vinyl flooring and overall interior finishes require modernization to meet current market standards.
The property offers breathtaking views of Catalina Island, the Pacific Ocean, and the surrounding mountains, providing a premium visual experience that significantly enhances its market value.
Situated in the prestigious Rancho Palos Verdes area, this residence offers a high-end lifestyle with proximity to scenic coastal trails and elite community amenities.
The 2-bedroom, 2-bathroom layout provides a balanced and efficient use of space, making it an ideal configuration for small families, professionals, or as a vacation retreat.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1068, other record living area = 778. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Built in 1973, the property may require modernization of interior finishes and mechanical systems to meet the expectations of contemporary luxury buyers.
The $600 monthly association fee adds a substantial recurring expense, which may impact overall affordability and the property's competitive edge in its price bracket.
Centrally located with a 180 degree ocean view with newer appliances , 2 bedrooms one being the master with a walk in closet and another full bath for the second bedroom. Views are unobstructed and the complex offer a club house, pool and a jacuzzi. There is 2 car parking and a laundry room on garage level. Show and sell, motivated owner!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,068 | 1,535.5 |
| Lot Size | 167,165 | 753,237 |
| Price | $899.0K | $799.2K |
| Price per sq ft | $842 | $545 |
| Built year | 1973 | 1965 |
| HOA | $600.0 | $816 |
| Days on market | 33 | 83 |
Jun 19, 2026
$899,000
Initial Listing
Oct 22, 2013
$337,000
Public Record
Jun 22, 2005
$355,000
Public Record
Jul 16, 2001
$168,000
Public Record