5644 Ravenspur Drive, Rancho Palos Verdes, CA 90275
Local realty services provided by:CENTURY 21 Jordan-Link
5644 Ravenspur Drive,Rancho Palos Verdes, CA 90275
$23,750,000
- 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:$23,750,000
- Price per sq. ft.:$427.76
About this home
Over $1M Price Reduction! 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. Attractive assumable loan!! Call for details! The property has undergone extensive capital improvements including re-tiling all roofs and new electrical subpanels throughout all units. With 5 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 $428 per square foot. It is currently operating at a 3.80% cap rate, with potential to achieve a proforma cap rate of 6.37%. 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:131 day(s) ago
- Updated:January 25, 2026 at 11:50 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:$23,750,000
- Price per sq. ft.:$427.76
New listings near 5644 Ravenspur Drive
- Open Sun, 1 to 4pmNew
$1,450,000Active4 beds 2 baths1,864 sq. ft.2055 Avenida Aprenda, Rancho Palos Verdes, CA 90275
MLS# WS26017101Listed by: WETRUST REALTY - New
$899,000Active3 beds 2 baths1,358 sq. ft.6542 Ocean Crest Drive #B308, Rancho Palos Verdes, CA 90275
MLS# TR26016394Listed by: SUMMIT MORTGAGE & REALTY - New
$899,000Active3 beds 2 baths1,358 sq. ft.6542 Ocean Crest Drive #B308, Rancho Palos Verdes, CA 90275
MLS# TR26016394Listed by: SUMMIT MORTGAGE & REALTY - Open Sun, 1 to 4pmNew
$2,099,000Active4 beds 2 baths1,956 sq. ft.27538 Longhill, Rancho Palos Verdes, CA 90275
MLS# OC26011620Listed by: RE/MAX ONE - Open Sun, 12 to 3pmNew
$2,798,000Active5 beds 3 baths2,954 sq. ft.30105 Avenida Esplendida, Rancho Palos Verdes, CA 90275
MLS# PV26012945Listed by: COMPASS - Open Sun, 2 to 4pmNew
$945,000Active4 beds 3 baths1,615 sq. ft.5658 Ravenspur Drive #208, Rancho Palos Verdes, CA 90275
MLS# SB26007443Listed by: COMPASS - Open Sun, 1 to 4pmNew
$1,495,000Active3 beds 2 baths1,586 sq. ft.27053 Freeport Rd., Rancho Palos Verdes, CA 90275
MLS# SB26010243Listed by: CENTURY 21 COASTAL PROPERTIES - New
$619,000Active3 beds 2 baths1,496 sq. ft.1450 Brett Place #205, San Pedro, CA 90732
MLS# SB26013743Listed by: ESTATE PROPERTIES - New
$619,000Active3 beds 2 baths1,496 sq. ft.1450 Brett Place #205, San Pedro, CA 90732
MLS# SB26013743Listed by: ESTATE PROPERTIES - Open Sun, 1 to 4pmNew
$2,498,000Active4 beds 3 baths2,490 sq. ft.26540 Hawkhurst Drive, Rancho Palos Verdes, CA 90275
MLS# SB26004561Listed by: VISTA SOTHEBYS INTERNATIONAL REALTY