5644 Ravenspur Drive, Rancho Palos Verdes, CA 90275
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
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:37 day(s) ago
- Updated:October 23, 2025 at 01:30 PM
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
$3,999,000Active5 beds 4 baths6,407 sq. ft.30323 Palos Verdes E, Rancho Palos Verdes, CA 90275
MLS# SB25244645Listed by: FRED DIBERNARDO - Open Sat, 1 to 3pmNew
$750,000Active2 beds 2 baths1,249 sq. ft.5965 Peacock Ridge #301, Rancho Palos Verdes, CA 90275
MLS# SB25238952Listed by: KELLER AND ASSOCIATES REALTY - Open Sat, 1 to 3pmNew
$750,000Active2 beds 2 baths1,249 sq. ft.5965 Peacock Ridge #301, Rancho Palos Verdes, CA 90275
MLS# SB25238952Listed by: KELLER AND ASSOCIATES REALTY - Open Sat, 1 to 4pmNew
$3,250,000Active6 beds 5 baths7,273 sq. ft.40 Santa Catalina, Rancho Palos Verdes, CA 90275
MLS# PV25241586Listed by: BERKSHIRE HATHAWAY HOMESERVICE - Open Sat, 1 to 3pmNew
$750,000Active2 beds 2 baths1,249 sq. ft.5965 Peacock Ridge #301, Rancho Palos Verdes, CA 90275
MLS# SB25238952Listed by: KELLER AND ASSOCIATES REALTY - Open Sat, 1 to 4pmNew
$1,149,000Active3 beds 3 baths1,595 sq. ft.28178 Ridgecove Court S, Rancho Palos Verdes, CA 90275
MLS# SB25241479Listed by: ESTATE PROPERTIES - Open Sat, 1 to 4pmNew
$1,149,000Active3 beds 3 baths1,595 sq. ft.28178 Ridgecove Court S, Rancho Palos Verdes, CA 90275
MLS# SB25241479Listed by: ESTATE PROPERTIES - New
$835,000Active2 beds 2 baths1,140 sq. ft.28005 Ridgebluff Court, Rancho Palos Verdes, CA 90275
MLS# SB25230522Listed by: DAY & ASSOCIATES - New
$835,000Active2 beds 2 baths1,140 sq. ft.28005 28005 Ridgebluff Court, Rancho Palos Verdes, CA 90275
MLS# SB25230522Listed by: DAY & ASSOCIATES - New
$1,450,000Active3 beds 2 baths2,207 sq. ft.7 Cinnamon Lane, Rancho Palos Verdes, CA 90275
MLS# SB25241901Listed by: VISTA SOTHEBYS INTERNATIONAL REALTY