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Off market
  • $8,490,700

    948 Paseo La Cresta, Palos Verdes Estates, CA 90274

    6beds
    9,202sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $8,490,700 Zestimate®
    $923/sqft
    $8,835 Estimated rent

    Home value

    $8,490,700

    $7.05M - $10.10M

    $8,835/mo

    Zestimate® history
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    $8,835/mo

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    Rent Zestimate®

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    $54,478/mo

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    $54,478/mo

    Est. payment

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    What's special

    Panoramic ocean, coastline, and Catalina views from multiple levels of this over 9,000 Sq Ft home tucked away on one of the most exclusive streets in Palos Verdes Estates. The upper level includes the two living areas - a formal living room and a family room as well as the dining room, kitchen, primary bedroom, one additional bedroom, bar area and entryway. The lower level features four additional bedrooms, work/bonus area and a media room plus a gym. If you are looking for casual CA elegance in a spectacular setting and one of the largest SFRs in the area, this is the one you want to see. There's ample space for work, relaxing, hanging out and just about anything else you want to do including playing tennis overlooking the ocean. Private gated driveway, ocean view tennis court, 3 car garage, multiple living and family rooms, fireplaces, and other amenities make this the ideal estate to lease. It is doubtful you will find another home on the hill with as much space and if you do, it won't have these views. One year or multiple year lease will be considered. Minimum one year lease. Owners will consider multi year. Tenants pay all utilities and gardener.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Refrigerator, WD Hookup
    • Laundry: Hookups
    Features
    • View, WD Hookup
    • Flooring: Carpet, Tile
    Interior area
    • Total interior livable area: 9,202 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Heating system: Forced Air, No Utilities included in rent, Tennis Court(s), View Type: Ocean Views
    Details
    • Parcel number: 7541020013

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Features: Tennis Court(s)
    • Security: Gated Community
    • Deposit fee: $36,000
    HOA
    • Amenities included: Tennis Court(s)
    Location
    • Region: Palos Verdes Estates

    Financial & listing details

    • Price per square foot: $923/sqft
    • Tax assessed value: $5,171,992
    • Annual tax amount: $61,234
    • Date on market: 1/18/2025
    • Lease term: 1 Year

    Price history

    DateEventPrice
    6/1/2025Listing removed$18,000$2/sqft
    Source: CRMLS #SB25012817 Report a problem
    3/12/2025Listed for rent$18,000$2/sqft
    Source: CRMLS #SB25012817 Report a problem
    3/11/2025Listing removed$18,000$2/sqft
    Source: Zillow Rentals Report a problem
    1/18/2025Listed for rent$18,000+20%$2/sqft
    Source: Zillow Rentals Report a problem
    10/29/2020Listing removed$15,000$2/sqft
    Source: Ellis Posner Real Estate #SB20126978 Report a problem
    7/2/2020Listed for rent$15,000-14.3%$2/sqft
    Source: Ellis Posner Real Estate #SB20126978 Report a problem
    10/3/2019Listing removed$17,500$2/sqft
    Source: 3 Leaf Realty Inc #SB19059390 Report a problem
    3/17/2019Listed for rent$17,500-22.2%$2/sqft
    Source: Pier to Pier Brokers, Inc. #SB19059390 Report a problem
    11/6/2017Listing removed$22,500$2/sqft
    Source: Berkshire Hathaway HomeService #PV17149923 Report a problem
    7/3/2017Listed for rent$22,500$2/sqft
    Source: Berkshire Hathaway HomeService #PV17149923 Report a problem
    1/23/1998Sold$2,400,000$261/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$61,234 +4%$5,171,992 +2%
    2024$58,901 +1.5%$5,070,581 +2%
    2023$58,035 +5.1%$4,971,159 +2%
    2022$55,221 +0.2%$4,873,686 +2%
    2021$55,096 +1.3%$4,778,124 +1%
    2020$54,369 $4,729,131 +2%
    2019$54,369 +4.1%$4,636,404 +2%
    2018$52,236 $4,545,495 +2%
    2017$52,236 +6.5%$4,456,369 +2%
    2016$49,037 -1.1%$4,368,990 +1.5%
    2015$49,570 +2.6%$4,303,364 +2%
    2014$48,318 $4,219,068 +38.3%
    2012-- $3,051,023 +2%
    2011-- $2,991,200 +0.8%
    2010-- $2,968,846 -0.2%
    2009-- $2,975,900 +2%
    2008-- $2,917,550 +2%
    2007-- $2,860,344 +2%
    2006-- $2,804,260
    2005-- $2,804,260 +4%
    2004-- $2,695,370 +1.9%
    2003-- $2,645,971 +2%
    2002-- $2,594,090 +4%
    2000-- $2,493,360
    Find assessor info on the county website

    Neighborhood: 90274

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $8,490,700
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    Estimated market value
    $8,490,700