7 Clipper Rd, Rancho Palos Verdes, CA 90275

Property Description

7 Clipper Road is a rare four-unit offering in the heartof Rancho Palos Verdes. Perfect for investors or owner-occupants, this seaside property sits on agenerous 7,282 sq ft lot just one block from the Pacific Ocean, boasting panoramic views of thebay and surrounding cliffs. The 4,457 sq ft building features an exceptional unit mix: (1) Four Bed / Two Bath, (1) Two Bed / Two Bath, and (2) One Bed / One Bath units. Each unit is significantly larger than average, with well-designed layouts. The largest unit boasts fireplaces and washer/dryer hookups, and other attractive finishes. Three of the four units enjoy ocean views, and two have been recently updated while the remaining two offer substantial upside potential. Additional highlights include: All-electric property, a newer roof replaced six years ago (Buyer to verify), onsite laundry and garage storage, a quiet shared patio for tenants, and under-market rents with clear value-add opportunity! First time on the market in decades. Rancho Palos Verdes is renowned for its top-tier schools, coastal beauty, and upscale amenities. Multifamily opportunities in this enclave are exceedingly rare, don't miss your chance to own this legacy asset.