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Sold for $2,800,000
  • Listed by: Berkshire Hathaway HomeService • Gustavo Cardenas • Contact: 310-265-2119
    Bought with: Compass
    Tax assessed value
    $2,800,000

    5541 Diversey Dr, Rancho Palos Verdes, CA 90275

    4beds
    2,080sqft
    Single Family Residence
    Built in 1956
    7,698 Square Feet Lot
    $2,722,100 Zestimate®
    $1,346/sqft
    $6,528 Estimated rent

    Home value

    $2,722,100

    $2.56M - $2.91M

    $6,528/mo

    Zestimate® history
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    What's special

    Welcome to a new unique modern gem located in the heart of Palos Verdes.Drawing inspiration from Japanese & Australian minimalist design,this stunning new home underwent a comprehensive renovation & boasts panoramic ocean,city & mountain views in over 2080sf of living space,including an ADU.As you enter an oversized steel/glass pivot front door,you’ll find a harmonious blend of modern design & functionality.A light-filled,open-plan great room w/soaring ceilings features floor-to-ceiling windows & a 12ft accordion door "wall" integrates indoor/outdoor living & expansive views.Attention to detail went into creating this amazing home & modern elegance abounds throughout w/designer finishes & fixtures.The gourmet kitchen includes state-of-the-art German Bulthaup cabinetry,thin-profile porcelain countertops w/slab backsplash & integrated shelf,a custom 8ft Carrera marble island,countertop appliance garage,chef's appliances & a bifold pass-through window bar to serve guests outside.The kitchen leads to the living room & wall of accordion doors that completely open to 485sf of deck space & breathtaking panoramic ocean views of Malibu,the Queens necklace & South Bay beaches & downtown L.A.The primary bedroom,also w/an accordion door to the deck with city views,including Sofi Stadium,has double his & hers flush-door closets that blend with the walls & a zen, spa-like en-suite bathroom with large glassed-in shower,over-sized floor-to-ceiling tile & floating trough-style double sink.Designed with intentionality,the home's "U" shaped floor plan encompasses a 300sf central courtyard connecting to a self-contained 1 bd/1 ba ADU "wing" with a separate entrance fostering a sense of connectivity while offering privacy.The spacious ADU features a full-sized kitchen,quartz countertops,walk-in closet & spa-like bathroom.Perfect for in-laws,guests,teen space,or generating rental income.The environment was also taken into consideration.Sustainability features include FSC-certified oil-finished maple hardwood flooring throughout,solar panels,professionally designed drought-tolerant landscaping,permeable concrete paver/drivable turf driveway,over 785sf of composite decking,2 electric car outlets & tankless water heaters.Every feature of this show-stopping family home exudes thoughtful,modern design & functionality.The home is walkable to award-winning schools & minutes to shopping,restaurants & outdoor recreation.A rare move-in ready opportunity to start your PV family lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gustavo Cardenas DRE #01409315 310-447-4771,

    Berkshire Hathaway HomeService

    Bought with:

    Ryan Shaw, DRE #01921437

    Compass

    Source: CRMLS,MLS#: PV24090687MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 4
    Rooms
    • Room types: Entry/Foyer, Kitchen, Laundry, Living Room, Primary Bedroom, Retreat, Dining Room
    Primary bedroom
    • Features: Primary Suite
    Primary bedroom
    • Features: Multiple Primary Suites
    Bathroom
    • Features: Soaking Tub, Walk-In Shower
    Kitchen
    • Features: Kitchen Island, Kitchen/Family Room Combo, Remodeled, Self-closing Drawers, Updated Kitchen
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater
    • Laundry: In Garage
    Features
    • Breakfast Bar, Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Recessed Lighting, Multiple Primary Suites, Primary Suite
    • Flooring: Wood
    • Windows: Custom Covering(s)
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,080 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Direct Access, Driveway, Electric Vehicle Charging Station(s), Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front door
    • Patio & porch: Deck, Open, Patio
    • Exterior features: Lighting
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: City Lights, Hills, Mountain(s), Neighborhood, Ocean, Panoramic
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 7,698 Square Feet
    • Features: Back Yard, Corner Lot, Landscaped, Yard
    Details
    • Parcel number: 7546017014
    • Zoning: RPRS8000*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Updated/Remodeled,Turnkey
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Electric: 220 Volts in Garage
    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy generation: Solar

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    • Security: Carbon Monoxide Detector(s), Fire Sprinkler System
    Location
    • Region: Rancho Palos Verdes

    Financial & listing details

    • Price per square foot: $1,346/sqft
    • Tax assessed value: $2,800,000
    • Annual tax amount: $31,796
    • Date on market: 5/6/2024
    • Cumulative days on market: 42 days
    • Listing terms: Cash to New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/4/2024Listing removed$9,000$4/sqft
    Source: CRMLS #SB24195949 Report a problem
    10/13/2024Price change$9,000-10%$4/sqft
    Source: CRMLS #SB24195949 Report a problem
    9/20/2024Listed for rent$10,000$5/sqft
    Source: CRMLS #SB24195949 Report a problem
    7/5/2024Sold$2,800,000-0.9%$1,346/sqft
    Source: CRMLS #PV24090687 Report a problem
    6/28/2024Pending sale$2,825,000$1,358/sqft
    Source: CRMLS #PV24090687 Report a problem
    6/17/2024Contingent$2,825,000$1,358/sqft
    Source: CRMLS #PV24090687 Report a problem
    5/24/2024Price change$2,825,000-4.1%$1,358/sqft
    Source: CRMLS #PV24090687 Report a problem
    5/7/2024Listed for sale$2,945,000+322.2%$1,416/sqft
    Source: CRMLS #PV24090687 Report a problem
    10/17/2003Sold$697,500$335/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$31,796 +174.8%$2,800,000 +185.8%
    2024$11,570 +2.3%$979,580 +2%
    2023$11,309 +5.3%$960,374 +2%
    2022$10,742 -0.2%$941,544 +2%
    2021$10,761 +1.4%$923,084 +1%
    2020$10,610 $913,620 +2%
    2019$10,610 +4.2%$895,707 +2%
    2018$10,184 $878,145 +2.8%
    2017$10,184 +2.2%$853,982 +2%
    2016$9,968 +3.7%$837,238 +1.5%
    2015$9,611 +1.5%$824,663 +2%
    2014$9,471 $808,510 +2.5%
    2012-- $789,077 +2%
    2011-- $773,606 +8%
    2010-- $716,000
    2009-- $716,000 -5.1%
    2008-- $754,560 +2%
    2007-- $739,766 +2%
    2006-- $725,262
    2005-- $725,262 +4%
    2004-- $697,100 +59.8%
    2003-- $436,118 +2%
    2002-- $427,568 +4%
    2000-- $410,968
    Find assessor info on the county website

    Neighborhood: 90275

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,722,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,722,100