$25,000,000

5644 Ravenspur Drive, Rancho Palos Verdes, CA 90275

  • 95 beds |
  • 96 baths |
  • 55,522 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1969
  • Property Lot Size Icon1.86acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $450/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
September 15, 2025 at 05:00AM
Listing Office:
BRC Advisors- BH :
Listing Agent:
John Katnik : 310-956-2291
MLS ID:
25592319
  • Laundry: Common Area
  • Flooring: CarpetVinyl
  • A/C: None
  • Heating: Radiant
  • General: None
  • Pool: Community
  • Parking: Attached CarportParking spaces: 72
  • Roofing: Tile
  • General: 3
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: RPRM2000*7589006006
  • Source: CRMLS_CL

This listing courtesy of John Katnik, BRC Advisors- BH

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Soleado Elementary School

27800 Longhill Dr, Rancho Palos Verdes, CA, 90275

Grades KG-5

0.72 miles away

R

Ridgecrest Intermediate School

28915 Northbay Rd, Rancho Palos Verdes, CA, 90275

Grades 6-8

0.70 miles away

P

Palos Verdes Peninsula High School

27118 Silver Spur Rd, Rolling Hills Estates, CA, 90274

Grades 9-12

0.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.