Maureen Megowan's Blog

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My New Listing - Beautiful Palos Verdes Peninsula Condo - $ 220,000

                                                            Beautiful Palos Verdes Peninsula Condo
                                                                         3605 W. Hidden Ln. #118
                                                                 
1 Bedroom, 1 Bath , 659 Sq. Ft.
                                                                                     
$220,000

FANTASTIC LOCATION AND BEAUTIFULLY UPDATED. View of lushly landscape Pool * Located near pool, clubhouse & tennis courts. PRIVATE AND QUIET. Gated subterranean parking space is very close to unit. Large walk-in closet in master • Gym, sauna, spa, ping pong and billiards • Large, Clean laundry facilities are coin operated. Easy commuter access to Torrance and freeways. Award winning Palos Verdes Schools. It has been leased as Short term Rental - been very populat at $2400 per week,- completely furnished. Furnishings not included in the sale but are negotiable. This listing is a short sale and approval by the property lender is required.   To view this property, contact Maureen Megowan at 310-259-7124 or 310-541-6416. MLS # V09101948


                                           Click


Beautiful Pool                                                                                   Living Room


    Tennis Courts                                                                       Lovely Landscaped Grounds


   Bathroom                                                                                   Dining Area



    Serene Waterfall                                                                       Community Room and Pool Table

 Bedroom

This condo is located in an unincorporated area of the Palos Verdes Peninsula, with the mailing address "Palos Verdes Peninsula" . The following is a map of the Palos Verdes Peninsula divided up into neighborhoods as grouped in the Multiple Listing Service ("MLS"):


Map of Palos Verdes Peninsula (the unincorporated area with the mailing address "Palos Verdes Peninsula" is in yellow )

This condominium is in a small area just south of the intersection of Rolling Hills Road and Crenshaw Boulevard, adjacent to Torrance and surrounded on three sides by Rolling Hills Estates, whicht is an unincorporated area of Los Angeles County, with the mailing address of Palos Verdes Peninsula. The condo is part of a large condominium and townhouse project called The Estates, which has some of the more affordable hoousing units on the Palos Verdes Peninsula. These unincorporated areas, although not a part of the four cities of the Palos Verdes Peninsula, are included in the boundaries of the Palos Verdes Unified School District.

The residential area on either side of Crenshaw Boulevard,south of Palos Verdes Drive North, which is accessible only from Palos Verde Drive North, is also not in the City of Rolling Hills Estates, and is also  in an unincorporated area of Los Angeles County referred to as Palos Verdes Peninsula, California. This unincorporated area consists primarily of two neighborhoods. One is called Academy Hill, with less than 200 homes, and the other is called Westfield, with approx. 300 homes. Many of the homes in The Palos Verdes Drive North area are zoned for horses and have larger lots. There is an extensive system of horse trails in this area as well as the adjacent city of Rolling Hills.

Information on the other incorporated cities on the Palos Verdes Peninsula may be obtained on my website http://www.maureenmegowan.com .

Schools: 

Students attend school at Palos Verdes Peninsula High School (located in Rolling Hills Estates) , Ridgecrest Intermediate School and Miraleste Intermediate School ( located in Rancho Palos Verdes), and several local elementary schools, all part of the Palos Verdes Unified School System. There is an additional high school located in Palos Verdes Estates, Palos Verdes High, and both high schools are California Distinquished Schools, with open enrollment to students on the Peninsula (they do not have enrollment boundaries). Palos Verdes HIgh has a unique class scheduling structure, called block scheduling, where students attend three extended periods each day, alternating with their other three classes each day. Peninsula High has a more traditional structure of the same periods for all classes each day. Palos Verdes Unified School District has some of the highest test scores in the state. For local school test scores, Click Here. For attendance boundaries for elementary and intermediate schools, Click Here.  .  There are also a number of excellent private schools on the Palos Verdes Peninsula.

Culture:

Most of the cultural activities for the Palos Verdes Peninsula are located in Rolling Hills Estates. These include the Norris Center for the Performing Arts,  the Peninsula Symphony, and the PV Players. The Palos Verdes Art Center is located in the City of Rancho Palos Verdes. For further information on Arts and Culture on the Peninsula, Click Here.

Sports, Parks and Recreation:

Children in the Palos Verdes Peninsula area play baseball in two little leagues ; Rolling Hills Little League (located in adjacent Rolling Hills), and Silver Spur Little Leage (located in Rolling Hills Estates), ( For a map of the little league boundaries, Click Here ) Pony League baseball for 13 to 15 year olds, is available at Ernie Howlett park in Rolling Hills Estates, and George Allen Field in Palos Verdes Estates. AYSO Soccer leagues are active throughout the City. Girls softball is generally played on fields at various school locations There are also youth basketball leagues, and lacrosse leagues for intermediate schools.

Public Golf Facilities are available at  Los Verdes Country Club and Trump National Golf Club in Rancho Palos Verdes, and the Palos Verdes Country Club (weekdays only).  Los Verdes is a public golf course run by the County of Los Angeles. See Golf on the Palos Verdes Peninsula for detailed information on the Golf Courses on the Palos Verdes Peninsula.

Rolling Hills Estates has several large parks including Ernie Howlett Park, Highridge park, and four other park facilities.

Ernie Howlett Park is located at 25851 Hawthorne Boulevard between Palos Verdes Drive North and Rolling Hills Road, Ernie Howlett Park is the Citys major recreational facility.This 35 acre park provides facilities to many sporting and leisure activities, including: four one-wall handball courts, multi-purpose athletic fields, a regulation basketball court, a sand volleyball court, picnic tables, barbecue pits, and a variety of playground equipment. The park also boasts a 3/4-mile running track and a bicycle path. However, for many of the sports-mined, the main attractions of Howlett Park are the Rolling Hills Estates Tennis Club and the Equestrian Center. Eight tennis courts are open to the public, with a patio, refreshment center, and a grandstand for tournament spectators.

The Equestrian Center at Ernie Howlett Park, which features three riding rings, a dressage area and grandstand, and multi-use trail, is a frequent site for local horse shows. Other equestrian facilities are located in the City at the Rolling Hills Estates Stables, the Empty Saddle Club, Chandler Park, and Dapplegray Park, as well as the Palos Verdes Stables in Palos Verdes Estates.

Located at the corner of Crestridge and Highridge Roads, Highridge Park is a 10-1/2 acre facility that features two regulation-size soccer fields, youth softball/baseball field, barbecue pits, restrooms, picnic tables, playground equipment, approximately one mile of running track with Par Course stations, and a multi-use trail.

The South Coast Botanical Gardens are located on a former landfill site on Crenshaw Boulevard. The Gardens include many unique garden environments, including a Japanese garden, a rose garden, a children's garden, and a water garden. Many events are held here including garden shows and concerts. 

South Coast Botanic Garden    
Entrance to South Coast Botanical Gardens                  Gazebo in Upper Meadow

Tennis may be played at  Ernie Howlett Park in Rolling Hills Estates, the Jack Kramer Club in Rolling Hills Estates, at the Peninsula Racquet Club in Rancho Palos Verdes, or at one of the excellent courts at Peninsula High. Tennis League play is available through the South Bay Marine League, which has teams at most of the private tennis clubs in the area as well as Ernie Howlett Park in Rolling Hills Estates

For additional information on sports, parks and recreation opportunities on the Peninsula, Click Here.

Taxes:
Property Taxes: The property tax rate for the fiscal year 2008-2009 is approx. 1.05%  (computed by the standard 1.0% of the property's assessed valuation (in accordance with Proposition 13, a property's assessed valuation is the original purchase price, plus the cost of improvements, based on the value of permits pulled, plus an increase in valuation of 2% per year) plus additional tax rates for voted bonded indebtedness) plus direct assessments of approx. $600-$700 per parcel for such items as school parcel taxes, etc.

Taxes are assessed for the fiscal year running from July 1st through June 30th, with property tax bills payable in two installments on December 10th and April 10th. If a property changes ownership during the year, a supplemental tax bill will be prepared prorating the tax increase due to a change in valuation over the remainder of the fiscal year. If a change in ownership occurs between January 1 and May 31 this will result  in two supplemental assessments and two supplemental tax bills. The first supplemental bill is for the remainder of the fiscal year in which the event occurred. The second supplemental bill is for the subsequent fiscal year.

Property Transfer Tax: The County of Los Angeles levies a transfer tax upon the sale of a property of $1.10 per thousand dollars of the sale price.

For more information about Palos Verdes and South Bay Real Estate and buying and selling a home on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com . I try to make this the best real estate web blog in the South Bay Los Angeles and the Palos Verdes Peninsula. I would love to hear your comments or suggestions.

Comment balloon 2 commentsMaureen Megowan • September 23 2009 10:54PM

Comments

Wow!  What a presentation.  The price is great and it looks like paradise!

Posted by Ellen Crawford, Alpharetta Real Estate Agents & Alpharetta REALTOR (RE/MAX Paramount Properties) almost 9 years ago

Lovely place -- and great presentation -- used to live in Palos Verdes many many many years ago -- great place.

Posted by Bob & Carolin Benjamin, East Phoenix Arizona Homes (Benjamin Realty LLC) almost 9 years ago

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