Ocean View Condo with
For Sale
$785,000
3200 La Rotonda Drive #407 Rancho Palos, Rancho Palos Verdes, CA 90275
Upgraded 2BD/2BA condo with ocean views and resort-style amenities.
Property Size1,476 SF
Price / SF$531.84
Days on Market487
Property Features for 3200 La Rotonda Drive #407 Rancho Palos
General Information
Standard status
Active
Size
1,476 SF
Property subtype
Condominium
Amenities
Fireplace
Central
Fireplace(s)
Dishwasher
Electric Oven
Electric Range
Microwave
Refrigerator
Patio, Electricity Available, Sewer Available, Water Available
Building Details
Building Size
1,476 SF
Year Built
1974
Stories
1
Listing Agency:
Keller Williams Realty
Listed By:
Adela Randazzo · License #CA
(310) 480-7359
Source:
Kw
Added: Jun 19, 2025
Changed: Aug 8
Last Checked: May 19 at 8:08PM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
This ground-level condo in Ocean Terrace, a coastal community in Rancho Palos Verdes, features high-end upgrades. The approximately 1,476 sq ft unit includes a primary suite with a custom walk-in closet, a large bedroom area, and a renovated en-suite bathroom with a modern vanity and LED touchscreen mirror. The second bathroom is also well-appointed. The remodeled kitchen features quartz counters, GE Café appliances, and cabinetry. The living room includes a wet bar with a wine refrigerator and a fireplace. An oversized balcony spans the length of the living space and offers ocean and Catalina views. A bonus flex area is suitable for a home office or gym. Ocean Terrace provides amenities including a pool, spa, tennis courts, fitness center, and clubhouse, and is located near trails, Trump National Golf Course, and Terranea Resort.
Key Highlights
- Panoramic ocean and Catalina views from oversized balcony.
- Over $200K in high‑end upgrades throughout the condo.
- Ground‑level unit in Ocean Terrace, a premier coastal community in Rancho Palos Verdes.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,750
Cap Rate
3.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,000
$475.0K
Cap Rate 7%
$339,286
$339.3K
Cap Rate 9%
$263,889
$263.9K
Market Conditions
NOI Build-Up for 1,476 SF
Gross rent
$46.9K $31.80/SF
− Vacancy
−$3.8K −$2.54/SF
EGI
$43.2K $29.26/SF
− OpEx
−$19.4K −$13.17/SF
NOI
$23.8K $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%
$475,000
Cap Rate 7%
$339,286
Cap Rate 9%
$263,889
Alternative Uses
Best Use
Apartment 5plus
$339.3K
$296.9K – $395.8K
NOI $23,750 @ 7.0% cap · market cap 3.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$790.2K
$691.5K – $922.0K
NOI $55,317 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
80
Businesses Nearby
Explore this area
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
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Upgraded 2BD/2BA condo with ocean views and resort-style amenities.
Where is this apartment building located?
The property is located at 3200 La Rotonda Drive #407 Rancho Palos Rancho Palos Verdes, CA.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Panoramic ocean and Catalina views from oversized balcony.; Over $200K in high‑end upgrades throughout the condo.; Ground‑level unit in Ocean Terrace, a premier coastal community in Rancho Palos Verdes.
