5 months on rocket

Sale Pending

11 Cinnamon Ln, Rancho Palos Verdes, CA, 90275

$1,499,900

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,834 SqFt
$818/SqFt
House
Schools Nearby

Location

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11 Cinnamon Ln, Rancho Palos Verdes$1,499,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Garage2 spaces
Year Built1950
HeatingCentral
CoolingCentral Air
FireplaceDen, Living Room
ViewOcean
MLS #PV23216106
Lot Size0.68 Acres
StatusSale Pending
(Pending)

About 11 Cinnamon Ln

Welcome to a timeless residence nestled in a quiet gated Portuguese Bend community proudly owned by the same family for over over four decades. This charming abode with oceans views is situated on a flat and corner property boasting the classic allure of a Ranch-style architecture, all on one level with a raised foundation and sub-floor providing a solid base. Upon entering, you're greeted by the warmth of a recently installed HVAC unit, a testament to the commitment to modern comforts. The air circulates seamlessly through the new ducting system, ensuring a comfortable atmosphere throughout the home. Overhead, a durable roof, only six years old. Picture yourself lounging by not one but two fireplaces, both meticulously serviced inside and out, promising cozy evenings and a touch of rustic charm. The exterior is defined by a sturdy cinder block wall erected just six years ago. The boundaries are marked by fully fenced yards, encompassing over a half acre, offering a private sanctuary for outdoor activities and relaxation. This home is connected to the local sewer system. The landscaping is a blend of mature trees, recently trimmed and maintained, providing shade and a scenic backdrop. Plumbing is a well-managed aspect of the property, exemplified by the recently installed disposal. Inside, the home offers three bedrooms in a family-friendly design. A full bathroom and a convenient powder room cater to both functionality and comfort. The laundry/mudroom adds practicality to the daily routine. The gas dryer hookup and two gas water heaters ensure efficiency and convenience. The kitchen features electric cooktops and an oven, offering a balance of traditional and modern culinary options. For additional storage needs, a large and newer Tuff Shed is thoughtfully placed in the yard, providing ample space for tools, equipment, or personal belongings. Completing the ensemble is a 1 1/2 car garage, combining functionality with a touch of nostalgia. This home is not just a residence; it's a testament to decades of thoughtful ownership and a commitment to enduring quality and comfort. *Some photos have been virtually staged

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 1,834 SqFt

Listing Office:

  • Office Name: Strand Hill Properties
  • Office Phone: (310) 528-7480
  • Listing Agent: Suzanne Dyer

Interior Features

Interior Information:

  • Flooring Type: Wood
  • Interior: All Bedrooms Down, Galley Kitchen, Main Level Primary
  • Fireplace: Den, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Ocean

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Back Yard, Corner Lot, Front Yard, Lawn, Landscaped
  • Lot Size: 0.68 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Palos Verdes Drive South

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,900
  • Price Per SqFt: $818/SqFt

HOA Fees:

  • Amount: $1150
  • Frequency: Annually

Tax Information:

  • Annual Amount: $5,604
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Rancho Palos Verdes, CA.

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Rancho Palos Verdes, CA

City

Med. Sold Price

$1.7M

Med. Price/SqFt

$787

Avg. Days On Market

33

# of Sold Homes

25

11 Cinnamon Ln vs Rancho Palos Verdes

154 DAYS ON ROCKET

+121 Days

$1,499,900

-$215.2K Less

$818/SqFt

+$31 More

KEY TAKEAWAY

This property is $215.2K less than the Median Sold Price and $31/SqFt more than other homes in Rancho Palos Verdes, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PV23216106

Listing Office:

  • Office Name: Strand Hill Properties
  • Office Phone: (310) 528-7480
  • Listing Agent: Suzanne Dyer

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 3:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,604$387,316
2020$5,264$383,346
2019$5,155$375,830
2018$5,032$368,462
2017$5,032$361,238

History based on county public records data.

Payment Calculator

$7,648

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,563

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1379134
10
/10

  • Soleado Elementary School

  • 27800 Longhill Dr

  • 1.87 miles

  • Public District Grades KG-5

school-card-donut-1379135
8
/10

  • Point Vicente Elementary School

  • 30540 Rue De La Pierre

  • 2.14 miles

  • Public District Grades KG-5

school-card-donut-1379136
9
/10

  • Mira Catalina Elementary School

  • 30511 Lucania Dr

  • 2.27 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $145,055. The majority of Rancho Palos Verdes, CA residents have income $200k+ annually. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11 Cinnamon Ln

What is the listing price of this property?

The listing price of 11 Cinnamon Ln property is $1,499,900.

What type of property is this?

The property 11 Cinnamon Ln is a house located in Rancho Palos Verdes, California, 90275.

Is this property for sale now?

Sale Pending: 11 Cinnamon Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,604 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 11 Cinnamon Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 11 Cinnamon Ln is 1,834 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11 Cinnamon Ln is 1950.

Rocket Homes›California›Los Angeles County›Rancho Palos Verdes›90275›11 Cinnamon Ln

This home is located at 11 Cinnamon Ln in Rancho Palos Verdes, CA and zip code 90275 in the Palos Verdes Drive South neighborhood. This 1,834 square foot home, which was built in 1950, sits on a 0.68 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 24, 2023 and is currently priced at $1,499,900.

Rancho Palos Verdes, CA housing market in March 2024 saw over 15 listings sold above listed price, more than 1 sold at listed price and over 9 sold below. The number of homes for sale in Rancho Palos Verdes, CA increased by 19.6% between February 2024 and March 2024. While the average time on the market in March 2024 was 33 days, the median list price was $1,715,154.

From Rocket Homes Real Estate and based on county public records data.

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