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16 Cinnamon Lane

Rancho Palos Verdes, 90275

4 Bd
2 Ba
1,994 Sqft
51,986 Lot
$800,000 SOLD Price | Closed 7/19/24
Closed Status
130 Days on Market
Jan 29 First Day Active
$1,750,000 Start Price

Description

This property is located in an area of Rancho Palos Verdes experiencing active land movement. There is a building moratorium in place, however repairs to the property can still be permitted. Upgrades to the home over time include Milgard windows, HVAC and ducting replaced and a new roof in 2019. The land is over an acre and has a peek-a-boo ocean view. Only all-cash, non-contingent offers will be reviewed by the Seller. Offers are due by Friday, June 21st at 5:00p. Please email the listing agent for a link to all due diligence. ALL SHOWING MUST BE ACCOMPANIED BY AGENT - DO NOT WALK THE PROPERTY ON YOUR OWN.

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Property Details for 16 Cinnamon Lane

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Meredith Johnson
Listing Brokered By
Vista Sotheby’s International Realty
Type
Residential, Single Family Residence
Year Built
1953 (PublicRecords)
MLS Area
169 - PV Dr South

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
130 DOM
Combined DOM*
130
First Date Active
January 29th, 2024
Closing Date
July 19th, 2024
Sold Price
$800,000
Sold PPSF
$401
Orig. List Price
$1,750,000
HOA Fee
$1,150 - Annually
MLS® #
SB24017747
APN
7572013014
Special
Standard

Home Interior Information

Levels/Stories
One
Bedrooms
4
Total Baths
2
Full Baths
2
Int. Sqft.
1,994
Heating
Central
Cooling
Central Air
Appliances
Built-In Range, Dishwasher, Disposal, Dryer, Electric Cooktop, Washer
Int. Features
Beamed Ceilings, High Ceilings
Fireplaces
Family Room, Kitchen

Room Information

Room Type
Den, Family Room, Kitchen, Library
Laundry
ElectricDryerHookup, GasDryerHookup
Kitchen Features
Formica Counters

Exterior Information

Lot Description
Back Yard, Lot Over 40000 Sqft
Lot Size (sq. ft.)
51,986
Lot Size (acres)
1.19
Pool
None
Parking Spaces
6
Garage Spaces
2

View, Style & Tour Information

View
Hills, Ocean, Peek-A-Boo, Trees/Woods

Utilities Information

Water Source
Public

Additional Information

Zoning
RPRS1&E*
Co-Agent
Darin DeRenzis
Co-Agent Office
Vista Sotheby’s International Realty

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Get directions to this property:

Neighborhood Information

MLS Area
169 - PV Dr South
City/State
Rancho Palos Verdes
Zip Code
90275
County
Los Angeles
# of Units
1
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School Information

Elementary
Point Vicente
Middle
Miraleste
High
Palos Verdes
District
Palos Verdes Peninsula Unified
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Listing/Price History

16 Cinnamon Lane, Rancho Palos Verdes, (MLS® #SB24017747)

Date Details Price Change
Closed $800,000
Pending
Active
Price Reduced (from $1,500,000) $999,000 $501,000 (33.40%)
Active Under Contract (from Active)
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Listing Summary

Quick Summary of 16 Cinnamon Lane: This 4 Bedroom/2 Bathroom home in Rancho Palos Verdes is priced at $999,000 ($501/PSF) . The 1,994 sqft. Single Family Residence residence was originally built in 1953 and was listed on January 29th, 2024 at $1,750,000, showing 130 Days on Market currently. The nearest elementary school is Point Vicente and the local high school is Palos Verdes . Contact Dave Fratello today for more information or to go see 16 Cinnamon Lane.

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Based on information from California Regional Multiple Listing Service, Inc. as of July 27th, 2024 at 5:26am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.