5644 Ravenspur Drive, Rancho Palos Verdes, CA 90275 (MLS # 25592319)
Twitter
Facebook
Email
|
Over $1M Price Reduction! We are excited to present the Peninsula Villas, a unique apartment opportunity in the highly desirable coastal community of Rancho Palos Verdes. This rare property offers significant value-add potential in one of Southern California's most sought-after locations. The Peninsula Villas is located at 5644 Ravenspur Dr and spans two acres with a total of 48 apartment units plus 1 non-conforming apartment unit. The current unit mix includes 1 studio/1 bathroom unit, 1 one-bedroom/1 bathroom unit, 28 two-bedroom/1.5 bathroom townhome units, 13 two-bedroom/2 bathroom units and 6 two-bedroom/2 bathroom townhome units. Residents enjoy ample on-site parking, laundry facilities, and a beautiful swimming pool. Attractive assumable loan!! Call for details! The property has undergone extensive capital improvements including re-tiling all roofs and new electrical subpanels throughout all units. With 5 current vacancies and rental rates below market value for many of the occupied units, there is a substantial opportunity to increase income through strategic renovations. The property is offered at an attractive $428 per square foot. It is currently operating at a 3.80% cap rate, with potential to achieve a proforma cap rate of 6.37%. Given the limited supply of multifamily properties in Rancho Palos Verdes, this is a rare generational opportunity to acquire a value-add asset with significant future upside.
| DAYS ON MARKET | 85 | LAST UPDATED | 12/1/2025 |
|---|---|---|---|
| YEAR BUILT | 1969 | COMMUNITY | 174 - Crest |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Dec 1, '25 | $25,000,000 |
|---|---|
| Dec 1, '25 - Today | $23,750,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 174 - Crest |
| GARAGE | Attached Garage |
| HEAT | Radiant |
| LOT | 1.8646 acre(s) |
| LOT DIMENSIONS | 81220 |
| PARKING | Attached, Attached Carport |
| POOL DESCRIPTION | Community |
| STORIES | Split/Multi Level |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
Based on information from CRMLS as of 12/9/25 9:45 AM PST. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CRMLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
This IDX solution is (c) Diverse Solutions 2025.