Palos Verdes Condo with Pool
28121 Highridge Road #405 Rancho Palos, Rancho Palos Verdes, CA 90275
For Sale
$407,000
Well-maintained 1-bedroom condo with pool view in Palos Verdes.
Property Size758 SF
Price / SF$536.94
Days on Market447
Property Features for 28121 Highridge Road #405 Rancho Palos
General Information
Standard status
Size
Property subtype
Amenities
Fireplace
Wall/Window Unit(s)
Radiant
Ductless
Dishwasher
Electric Range
Microwave
Electricity Connected, Sewer Connected, Water Connected
Building Details
Building Size
Year Built
Stories
Listing Agency:
Peninsula Realty
Listed By:
Becky Park
(310) 938-4989
Source:
Kw
Added: Aug 21, 2025
Changed: Nov 5
Last Checked: Nov 8 at 8:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Peninsula Realty
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Investment Insights
Based on property information with market context.
Located in Palos Verdes Penthouse HOA, this well-maintained top-floor condo offers 758 sq. ft. The 1-bedroom, 1-bathroom residence is situated in a quiet interior location with views of the community pool. The open living room features floor-to-ceiling windows and a fireplace, along with an adjacent dining area equipped with a ceiling fan. A glass sliding door provides access to the balcony overlooking the pool. The kitchen includes wood cabinetry. The bathroom features a wide vanity and a bathtub. The bedroom includes a private balcony, a walk-in closet, and storage cabinets. Additional amenities include subterranean garage parking with private storage, a community pool, and a recreation room. The property is conveniently located near Peninsula Center for shopping, dining, and entertainment, within the Peninsula Unified School District.
Key Highlights
- Top floor unit in a well‑maintained Palos Verdes condo complex.
- Convenient location near Peninsula Center for shopping, dining, and entertainment.
- Includes community pool, recreation room, and private storage in subterranean garage.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,197
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,940
$243.9K
Cap Rate 7%
$174,243
$174.2K
Cap Rate 9%
$135,522
$135.5K
Market Conditions
NOI Build-Up for 758 SF
Gross rent
$24.1K $31.80/SF
− Vacancy
−$1.9K −$2.54/SF
EGI
$22.2K $29.26/SF
− OpEx
−$10.0K −$13.17/SF
NOI
$12.2K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,940
Cap Rate 7%
$174,243
Cap Rate 9%
$135,522
Alternative Uses
Best Use
Apartment 5plus
$174.2K
$152.5K – $203.3K
NOI $12,197 @ 7.0% cap · market cap 3.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$405.8K
$355.1K – $473.5K
NOI $28,408 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
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Business Placement
Demographics for 90275, CA
42,452
Population
16,668
Households
2.5
Avg Household Size
50
Median Age
69%
College-Educated
98%
High-School Grad
13.5 sq mi
ZIP Area
3,145
Density / Sq Mi
$175,212
Median Household Income
$95,000
Median Earnings
$3,501
Median Rent
$1,543,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Apartment buildings in Los Angeles County, CA
Properties on Market for Apartment buildings in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 1-bedroom condo with pool view in Palos Verdes.
Where is this apartment building located?
The property is located at 28121 Highridge Road #405 Rancho Palos Rancho Palos Verdes, CA.
What is the asking price?
The asking price for this property is $407,000.
What are key features of this property?
This property features: Top floor unit in a well‑maintained Palos Verdes condo complex.; Convenient location near Peninsula Center for shopping, dining, and entertainment.; Includes community pool, recreation room, and private storage in subterranean garage.
