For SaleRisky Deal65 days on market
7022 Lofty Grove Dr
7022 Lofty Grove Dr, Rancho Palos Verdes, CA 90275, Rancho Palos Verdes, CA 90275
$1,649,000
Estimate®:$1,636,600
Listing Price
7022 Lofty Grove Dr, Rancho Palos Verdes, CA 90275
Loc: Rancho Palos Verdes, CA
Days Listed
65
Tax Assessed
$1354k
Estimate®
$1637k
Market Rate
Lot Size
7,144 sqft
Rent Estimate
$5,356/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
10
Vista Grande Elementary School
K-5
0.6 mi away
9
Ridgecrest Intermediate School
6-8
1.6 mi away
10
Palos Verdes High School
9-12
1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
modern farmhouseopen conceptgourmet kitchenkitchen islandquartz countertopsstainless steel applianceshardwood flooringpendant lightingshaker cabinetsbright and airyindoor-outdoor flowtransitional designneutral palette
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.78%
Total ROI
-2.4%
Cash Flow
$-6,103/mo
DSCR
0.29
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-6,103/mo net cash flow with a 1.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Rancho Palos Verdes, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $1,649,000 | $1,068 |
| 2026-09-14 | Contingent | $1,649,000 | $1,068 |
| 2026-08-18 | Listed for sale | $1,649,000 | $1,068 |
| 2026-08-09 | Contingent | $1,689,000 | $1,094 |
| 2026-07-21 | Listed for sale | $1,689,000 | $1,094 |
| 2026-07-10 | Listing removed | $1,689,000 | $1,094 |
| 2026-06-25 | Price change | $1,689,000 | $1,094 |
| 2026-06-04 | Price change | $1,749,000 | $1,133 |
| 2026-04-30 | Listed for sale | $1,849,000 | $1,198 |
| 2019-03-15 | Sold | $1,190,000 | $771 |
| 2019-02-14 | Pending sale | $1,218,000 | $789 |
| 2019-02-09 | Price change | $1,218,000 | $789 |
| 2019-01-05 | Listed for sale | $1,248,000 | $808 |
| 2018-12-04 | Listing removed | $1,298,000 | $841 |
| 2018-11-13 | Price change | $1,298,000 | $841 |
| 2018-10-20 | Listed for sale | $1,350,000 | $874 |
| 2018-03-29 | Sold | $1,036,000 | $671 |
| 2004-05-21 | Sold | $845,000 | $547 |
| 1998-05-07 | Sold | $465,000 | $301 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $1,354,008 |
| 2025 | $15,774.74 | $1,327,460 |
| 2024 | $15,138.35 | $1,301,433 |
| 2023 | $14,830.27 | $1,275,916 |
| 2022 | $14,079.95 | $1,250,899 |
| 2021 | $14,095.61 | $1,226,373 |
| 2020 | $13,899.09 | $1,213,800 |
| 2019 | $13,899.09 | $1,067,940 |
| 2018 | $10,871.15 | $933,778 |
| 2017 | $10,871.15 | $915,470 |
| 2016 | $10,643 | $897,520 |
| 2015 | $10,335.87 | $833,800 |
| 2014 | $9,838.48 | $833,800 |
| 2012 | $0 | $833,800 |
| 2011 | $0 | $833,800 |
| 2010 | $0 | $833,800 |
| 2009 | $0 | $833,800 |
| 2008 | $0 | $914,652 |
| 2007 | $0 | $896,719 |
| 2006 | $0 | $879,137 |
| 2005 | $0 | $879,137 |
| 2004 | $0 | $522,222 |
| 2003 | $0 | $512,652 |
| 2002 | $0 | $502,601 |
| 2000 | $0 | $483,087 |
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