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7 Clipper Rd
Rancho Palos Verdes, CA 90275

$2,400,000 USD

Apartments For Sale • 7,422 SF

Property Details

Property Type Apartments
Total Building Size 7,423 SF
Lot Size 0.18 AC
Building Class C
Year Built 1962
Cap Rate 3.09 %
Zoning RPRS10000S

0 Transit Score

22 Walk Score

                
                    Highlights
                
                                Desirable unit mix of (1) owners suite 4 Bedroom / 2 Bath, (1) 2 Bed / 2 Bath, and (2) 1 Bed / 1 Bath units.
                            
                                Units are large and well laid out, and three units have beautiful ocean views!
                            
                                Property Amenities include: a tranquil courtyard, onsite laundry room, ample onsite parking, fireplaces in owner’s unit, attractive finishes and mor
                            
                                PV has award winning schools, coastal beauty and multifamily investments there are incredibly limited and rare.

Financial Summary (Actual)

Net Operating Income: $74,074 USD (2025)

Cap Rate:	3.09 %
Total Expenses:	$41,966 USD

Amenities

Air Conditioning
Dishwasher
Disposal
Kitchen
Refrigerator
Tub/Shower
Double Pane Windows
Patio

Public Transportation

Airport	Drive	Walk	Distance
Los Angeles International	34 min	-	18.0 mi
Long Beach (Daugherty Field)	36 min	-	21.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes

Joshua Cohen 310-480-2130 The Cohen Group

7 Clipper Rd Rancho Palos Verdes, CA 90275