Ocean View Condo with
3200 La Rotonda Drive #407 Rancho Palos Verdes, CA 90275
3200 La Rotonda Drive #407, Rancho Palos Verdes, CA, 90275
$785,000
For Sale
$785,000
Upgraded 2BD/2BA condo with ocean views and resort-style amenities.
Property Size1,476 SF
Price / SF$531.84
Days on Market394
Property Features for 3200 La Rotonda Drive #407
General Information
- Standard status
- Active
- Size
- 1,476 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 1974
Listing Agency
L.A. Harbor
(310) 480-7359
Listed by
Adela Randazzo · License #CA
(310) 480-7359
Source
Kw
Added: Jun 19, 2025 Checked: May 19 at 8:08 pm
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 L.A. Harbor
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.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.9k | $31.80 |
| − Vacancy | −$3.8k | −$2.54 |
| EGI | $43.2k | $29.26 |
| − OpEx | −$19.4k | −$13.17 |
| NOI | $23.8k | $16.09 |
1,476 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
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 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.
