Updated Condo in Rancho Palos
For Sale
$600,000
5718 Ravenspur Drive #202 Rancho Palos, Rancho Palos Verdes, CA 90275
Updated 2-bedroom, 2-bath condo with balcony and community pool.
Property Size1,431 SF
Price / SF$419.29
Days on Market438
Property Features for 5718 Ravenspur Drive #202 Rancho Palos
General Information
Standard status
Active
Size
1,431 SF
Property subtype
Condominium
Amenities
Fireplace
Radiant
Dishwasher
Electric Range
Refrigerator
Dryer
Washer
Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Building Details
Building Size
1,431 SF
Year Built
1973
Stories
4
Listing Agency:
Keller Williams South Bay
Listed By:
Derek Hirano · License #DRE
(310) 803-0633
Source:
Kw
Added: Aug 5, 2025
Changed: Oct 12
Last Checked: Oct 16 at 7:38AM
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 South Bay
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Investment Insights
Based on property information with market context.
This updated condo, located in Rancho Palos Verdes, features 2 bedrooms and 2 bathrooms. The unit offers a layout that includes a living area with a fireplace, a sliding glass door, a built-in bar, and a private balcony. The kitchen has granite countertops, tile flooring, a stainless steel sink, range, dishwasher, and cabinet space. The primary suite includes three closets and an en-suite bathroom. The second bedroom features a walk-in closet and access to the full hallway bathroom. A separate dining room with a sliding glass door provides access to the interior of the community. Additional features include in-unit laundry, two side-by-side parking spaces in a gated garage, and access to the complex pool. The property is 1431 square feet. It is located near shopping, restaurants, parks, and Palos Verdes schools.
Key Highlights
- Updated condo in a desirable Rancho Palos Verdes location, close to shopping, restaurants, parks, and award‑winning Palos Verdes schools.
- Spacious 2‑bedroom, 2‑bath unit with a fantastic layout.
- Updated kitchen features granite countertops and stainless steel appliances.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,026
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$460,520
$460.5K
Cap Rate 7%
$328,943
$328.9K
Cap Rate 9%
$255,844
$255.8K
Market Conditions
NOI Build-Up for 1,431 SF
Gross rent
$45.5K $31.80/SF
− Vacancy
−$3.6K −$2.54/SF
EGI
$41.9K $29.26/SF
− OpEx
−$18.8K −$13.17/SF
NOI
$23.0K $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%
$460,520
Cap Rate 7%
$328,943
Cap Rate 9%
$255,844
Alternative Uses
Best Use
Apartment 5plus
$328.9K
$287.8K – $383.8K
NOI $23,026 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$766.2K
$670.4K – $893.9K
NOI $53,631 @ 7.0% cap · market cap 8.94%
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
1,322
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
Check the figures for this property
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 - Updated 2-bedroom, 2-bath condo with balcony and community pool.
Where is this apartment building located?
The property is located at 5718 Ravenspur Drive #202 Rancho Palos Rancho Palos Verdes, CA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Updated condo in a desirable Rancho Palos Verdes location, close to shopping, restaurants, parks, and award‑winning Palos Verdes schools.; Spacious 2‑bedroom, 2‑bath unit with a fantastic layout.; Updated kitchen features granite countertops and stainless steel appliances.
