5644 Ravenspur Drive, Rancho Palos Verdes, CA 90275
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
5644 Ravenspur Drive,Rancho Palos Verdes, CA 90275
$25,000,000
- 95 Beds
- 96 Baths
- 55,522 sq. ft.
- Multi-family
- Active
Listed by:john katnik
Office:brc advisors- bh
MLS#:25592319
Source:CRMLS
Price summary
- Price:$25,000,000
- Price per sq. ft.:$450.27
About this home
We are excited to present the Peninsula Villas, a unique apartment opportunity in the highly desirable coastal community of Rancho Palos Verdes. This rare property offers significant value-add potential in one of Southern California's most sought-after locations. The Peninsula Villas is located at 5644 Ravenspur Dr and spans two acres with a total of 48 apartment units plus 1 non-conforming apartment unit. The current unit mix includes 1 studio/1 bathroom unit, 1 one-bedroom/1 bathroom unit, 28 two-bedroom/1.5 bathroom townhome units, 13 two-bedroom/2 bathroom units and 6 two-bedroom/2 bathroom townhome units. Residents enjoy ample on-site parking, laundry facilities, and a beautiful swimming pool. In addition, the property is encumbered with an assumable loan of $10,000,000, interest-only at a fixed rate of 5.55% for a little under 5 years, providing immediate access to below-market financing and enhancing the overall investment profile (Call Broker for Financing Details). The property has undergone extensive capital improvements including re-tiling all roofs and new electrical subpanels throughout all units. With four current vacancies and rental rates below market value for many of the occupied units, there is a substantial opportunity to increase income through strategic renovations. The property is offered at an attractive $450 per square foot. It is currently operating at a 3.50% cap rate, with potential to achieve a proforma cap rate of 6.00%. Given the limited supply of multifamily properties in Rancho Palos Verdes, this is a rare generational opportunity to acquire a value-add asset with significant future upside.
Contact an agent
Home facts
- Year built:1969
- Listing ID #:25592319
- Added:1 day(s) ago
- Updated:September 16, 2025 at 10:21 AM
Rooms and interior
- Bedrooms:95
- Total bathrooms:96
- Living area:55,522 sq. ft.
Heating and cooling
- Heating:Radiant
Structure and exterior
- Roof:Tile
- Year built:1969
- Building area:55,522 sq. ft.
- Lot area:1.86 Acres
Finances and disclosures
- Price:$25,000,000
- Price per sq. ft.:$450.27
New listings near 5644 Ravenspur Drive
- New$2,495,000Active4 beds 3 baths2,447 sq. ft.
5046 Golden Arrow Drive, Rancho Palos Verdes, CA 90275
MLS# 219135390DAListed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - Open Tue, 11am to 1pmNew$2,380,000Active4 beds 4 baths4,192 sq. ft.
30182 Cartier Drive, Rancho Palos Verdes, CA 90275
MLS# PV25196462Listed by: ESTATE PROPERTIES - New$25,000,000Active95 beds 96 baths55,522 sq. ft.
5644 Ravenspur Drive, Rancho Palos Verdes, CA 90275
MLS# 25592319Listed by: BRC ADVISORS- BH - New$8,800,000Active6 beds 7 baths7,895 sq. ft.
6600 Sea Cove, Rancho Palos Verdes, CA 90275
MLS# SB25215011Listed by: PACIFICA PROPERTIES GROUP, INC. - New$5,852,000Active4 beds 5 baths4,180 sq. ft.
32007 Isthmus View, Rancho Palos Verdes, CA 90275
MLS# PV25217181Listed by: STRAND HILL PROPERTIES - Open Tue, 11am to 1pmNew$2,225,000Active5 beds 3 baths2,539 sq. ft.
28068 Santona Drive, Rancho Palos Verdes, CA 90275
MLS# 25591981Listed by: WILSHIRE REAL ESTATE - Open Tue, 11am to 1pmNew$2,225,000Active5 beds 3 baths2,539 sq. ft.
28068 Santona Drive, Rancho Palos Verdes, CA 90275
MLS# 25591981Listed by: WILSHIRE REAL ESTATE - New$3,698,000Active5 beds 6 baths4,160 sq. ft.
1 Crestwind Drive, Rancho Palos Verdes, CA 90275
MLS# SB25215492Listed by: VISTA SOTHEBYS INTERNATIONAL REALTY - New$3,698,000Active5 beds 6 baths4,160 sq. ft.
1 Crestwind Drive, Rancho Palos Verdes, CA 90275
MLS# SB25215492Listed by: VISTA SOTHEBYS INTERNATIONAL REALTY