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2404 Via Campesina
For Sale $5,475,000 ($872.09 per Sq Ft)
$5,475,000 ($872.09 per Sq Ft)
- 8 Units
- 6,278 Sq Ft
- 14,406 Sq Ft
- Unknown Cap Rate
Description
Pride of Ownership is what you will find with this beautiful 8-unit income property that is located in one of the most prestigious neighborhoods in LA, Malaga Cove, in the heart of Palos Verdes Estates! Income properties like these rarely come on the market (only 26 multi-family properties are available in Palos Verdes) and even more rare is finding one in this completely remodeled condition and location! The property is adjacent to the Malaga Cove Library and steps away from the Malaga Cove Plaza and the beach. This beautiful coastal community is an upscale area that overlooks the ocean reminiscent of the South of France. You will find stunning multi-million dollar homes on the peninsula, a highly rated school district and an enclave that attracts celebrities to live and play in this beautiful community! 2404 and 2412 Via Campesina are made up of two 4-unit properties being sold together as one. They consist of eight 1 Bedroom 1 Bath units with upside in rents with a total rentable living area of 6,278 sq ft on a massive combined 14,406 sq ft lot. Current ownership has invested over a half a million dollars into the property since purchased and has made it a pride of the cove. As we have seen, opportunities to own a trophy property like this don't come around everyday! Residential financing is available for these units. Also, keep in mind with Assembly Bill 1211 that went into effect on Jan. 1st, 2025, ADU allowances are now allowed on multifamily zoned properties. The bill permits up to eight detached ADUs, as long as the number does not exceed the existing units within the property and allows ADUs to be built in existing uncovered parking areas without requiring off-street replacement parking.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $5,475,000 |
| Property Type | Multi-Family |
| Usable Sqft | 6,278 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1954 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7539022017 |
| MLS # | 26636735 |
| Property ID | 321247414 |
| Lot Sqft | 14,406 |
| Zoning | PVRMYY |
| Total Units | 8 |
| Days on Market | 65 |
| Original List Price | $5,995,000 |
| Date Updated | March 02, 2026 |
| Date Created | January 01, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 1 | 1.00 | $0 | $0 |
| Gross Income (Yr) | $ 0 |
| Operating Expenses | $ 0 |
| Net Income (Yr) | $ 0 |
Listing Provided By
Gulshen Kaur an agent of RPM Realty, Inc.. Lic #01889843
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Robert Crawford
REAL ESTATE AGENT