6543 Monero Drive, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 3 bed, 2 bath
ACTIVE$1,600,000$1,684/sqft
Est. Value: $1,421,632
-11%
AboveEstimate
6543 Monero Drive, Rancho Palos Verdes, California 90275
3Beds
2Baths
1,684Sqft
9,007Lot
Price Vs. Estimate
The estimated value ($1,421,631.765) is $178,368.235 (11%) lower than the list price ($1,600,000). This property may be overpriced.
Key pros and cons
Top 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 = 9007, living area = 1684.
Top Cons:
Requires Cosmetic Upgrades: The property explicitly states it needs cosmetic upgrades, indicating it is not move-in ready from a modern aesthetic perspective and will require additional investment post-purchase.
Compared to the nearby listings
Price:$1.60M vs avg $1.88M ($-284,000)26%
Size:1,684 sqft vs avg 2,370.5 sqft10%
Price/sqft:$950 vs avg $78980%
More Insights
Built in 1962 (64 years old).
Condition: Built in 1962, this property is significantly outdated. The kitchen features original or very old wood cabinets, dated tile flooring, and appliances that appear to be from the 70s or 80s, requiring a full renovation. Both bathrooms also exhibit highly dated tile work, vanities, and fixtures, necessitating substantial rehabilitation. While the structure appears sound, the interior finishes and key functional areas are far from modern and would be considered uncomfortable for contemporary living without extensive and costly upgrades, aligning with the 'Poor' condition criteria.
Year Built
1962
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$950
HOA
-
Days on market
-
Sold On
-
MLS number
SB26000189
Home ConditionPoor
Features
Patio
View-
About this home
Nestled on a picturesque, tree-lined street, this Ranch-style home features 3 spacious bedrooms, 2 baths, a large kitchen, and a wood burning fireplace. Other notable features include a two-car garage, dedicated laundry room, and large back yard. This home is ready for the buyers to come in and perform the cosmetic upgrades to make this house their dream home. In a central location within the desirable los verdes neighborhood in RPV, this home is conveniently located near an abundant amount of shops, parks and great schools.
D
Denny Jeremic
Listing Agent
Nearby schools
9/10
Vista Grande Elementary School
Public,•K-5•0.8mi
9/10
Ridgecrest Intermediate School
Public,•6-8•1.3mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•1.2mi
8/10
Palos Verdes High School
Public,•9-12•1.5mi
Condition Rating
Poor
Built in 1962, this property is significantly outdated. The kitchen features original or very old wood cabinets, dated tile flooring, and appliances that appear to be from the 70s or 80s, requiring a full renovation. Both bathrooms also exhibit highly dated tile work, vanities, and fixtures, necessitating substantial rehabilitation. While the structure appears sound, the interior finishes and key functional areas are far from modern and would be considered uncomfortable for contemporary living without extensive and costly upgrades, aligning with the 'Poor' condition criteria.
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 = 9007, living area = 1684.
Great Schools: Elementary School: Vista Grande Elementary School (9/10). Middle School: Ridgecrest Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Prime Location & Neighborhood: Situated in a central location within the highly desirable Los Verdes neighborhood of Rancho Palos Verdes, known for its quality of life and community.
Top-Rated School District: Located within the Palos Verdes Peninsula Unified School District, with access to excellent schools including Vista Grande Elementary (Rating 9) and Palos Verdes Peninsula High School (Rating 10).
Functional Layout & Amenities: The Ranch-style home offers 3 spacious bedrooms, 2 baths, a large kitchen, a cozy wood-burning fireplace, a two-car garage, and a dedicated laundry room, providing practical living spaces.
Generous Outdoor Space: Features a large backyard and is nestled on a picturesque, tree-lined street, offering ample outdoor living potential and appealing curb appeal.
Customization Opportunity: Described as ready for cosmetic upgrades, this presents a significant opportunity for buyers to personalize the home to their taste and create their dream living space, potentially adding substantial value.
Cons
Requires Cosmetic Upgrades: The property explicitly states it needs cosmetic upgrades, indicating it is not move-in ready from a modern aesthetic perspective and will require additional investment post-purchase.
Older Construction: Built in 1962, the home's age suggests that beyond cosmetic updates, some major systems or structural components may be original and could require future maintenance or replacement.
Lack of Views: The property detail specifies 'View: None,' which can be a notable disadvantage in Rancho Palos Verdes, an area often sought after for its scenic ocean or city views.