There's always been something special about Lunada Bay and discerning buyers understand the significant difference between "upper" and "lower" Lunada Bay, but then crank up the tranquility vibe, the "Olde English" ambience and the more "east coast" feel of the Margate neighborhood. Frank Vanderlip created this backdrop on purpose; do you see "Via This" or "Via That" as street names? No, you don't. And when you drive this neighborhood to pick your "forever" home, you'll get it and that sigh you hear will be yours. A wonderfully large lot, sporting areas abound and attached to the garage is a large workshop or workout room or perhaps your at home office. The home itself is on one level (PVE Homes Assoc zoned for 2.5 stories) with a couple of modifications (all with PVE Homes Association Approval) that enhance the flow, expand the efficient use of over 2400sqft of living area. Palos Verdes High School is located just a few blocks to the south and is a 15 minute flat street walk; Palos Verdes Intermediate is a mere 24 minute walk or 4 minute drive and Lunada Bay Elementary is a 4 minute drive away. The wonderful Lunada Bay Plaza with shops, restaurants, St Honore French Bakery and the Lunada Market & Deli are rooted in the community and serve as touchstones for Lunada Bay residents. There are few places in this giant Los Angeles metropolitan area that whisper so powerfully the feeling of small town peacefulness and the Margate - Lunada Bay neighborhood is second to none.
Single-familyProperty Type
1954Year Built
0.27 acresLot Size
$1,140Est. Price/Sq.Ft.
2 car garageParking
Listed by George Fotion•DRE #00785373• Call Realty
Bought with George Fotion•DRE #00785373• Call Realty
There's always been something special about Lunada Bay and discerning buyers understand the significant difference between "upper" and "lower" Lunada Bay, but then crank up the tranquility vibe, the "Olde English" ambience and the more "east coast" feel of the Margate neighborhood. Frank Vanderlip created this backdrop on purpose; do you see "Via This" or "Via That" as street names? No, you don't. And when you drive this neighborhood to pick your "forever" home, you'll get it and that sigh you hear will be yours. A wonderfully large lot, sporting areas abound and attached to the garage is a large workshop or workout room or perhaps your at home office. The home itself is on one level (PVE Homes Assoc zoned for 2.5 stories) with a couple of modifications (all with PVE Homes Association Approval) that enhance the flow, expand the efficient use of over 2400sqft of living area. Palos Verdes High School is located just a few blocks to the south and is a 15 minute flat street walk; Palos Verdes Intermediate is a mere 24 minute walk or 4 minute drive and Lunada Bay Elementary is a 4 minute drive away. The wonderful Lunada Bay Plaza with shops, restaurants, St Honore French Bakery and the Lunada Market & Deli are rooted in the community and serve as touchstones for Lunada Bay residents. There are few places in this giant Los Angeles metropolitan area that whisper so powerfully the feeling of small town peacefulness and the Margate - Lunada Bay neighborhood is second to none.
Year
Property tax
Land + Additions
Assessment*
2025
$25,011 (+3.8%)
$1,668,814 + $417,202
$2,086,016
2024
$24,092 (+1.8%)
$1,668,814 + $417,202
$2,086,016
2023
$23,675 (+5.2%)
$1,636,093 + $409,022
$2,045,115
2022
$22,509
$1,604,013 + $401,002
$2,005,015
2021
$22,513 (+1.4%)
$1,572,562 + $393,140
$1,965,702
2020
$22,213 (+3.0%)
$1,541,728 + $385,432
$1,927,160
2019
$21,560 (+500.7%)
$1,525,920 + $381,480
$1,907,400
2018
$3,589 (+33.1%)
$1,496,000 + $374,000
$1,870,000
2017
$2,697 (−20.1%)
$77,296 + $104,107
$181,403
2016
$3,375 (+1.4%)
$77,296 + $104,107
$181,403
2015
$3,329 (+1.2%)
$75,781 + $102,066
$177,847
2014
$3,289 (−0.3%)
$73,181 + $98,564
$171,745
2012
$3,299 (+3.5%)
$72,851 + $98,119
$170,970
2011
$3,188 (−2.2%)
$71,423 + $96,196
$167,619
2010
$3,259 (+3.5%)
$70,023 + $94,310
$164,333
2009
$3,148 (+5.0%)
$69,500 + $93,606
$163,106
2008
$2,997
$69,666 + $93,829
$163,495
Tax history for 1516 Chelsea Rd
Year
Property tax
Land + Additions
Assessment*
2025
$25,011 (+3.8%)
$1,668,814 + $417,202
$2,086,016
2024
$24,092 (+1.8%)
$1,668,814 + $417,202
$2,086,016
2023
$23,675 (+5.2%)
$1,636,093 + $409,022
$2,045,115
2022
$22,509
$1,604,013 + $401,002
$2,005,015
2021
$22,513 (+1.4%)
$1,572,562 + $393,140
$1,965,702
2020
$22,213 (+3.0%)
$1,541,728 + $385,432
$1,927,160
2019
$21,560 (+500.7%)
$1,525,920 + $381,480
$1,907,400
2018
$3,589 (+33.1%)
$1,496,000 + $374,000
$1,870,000
2017
$2,697 (−20.1%)
$77,296 + $104,107
$181,403
2016
$3,375 (+1.4%)
$77,296 + $104,107
$181,403
2015
$3,329 (+1.2%)
$75,781 + $102,066
$177,847
2014
$3,289 (−0.3%)
$73,181 + $98,564
$171,745
2012
$3,299 (+3.5%)
$72,851 + $98,119
$170,970
2011
$3,188 (−2.2%)
$71,423 + $96,196
$167,619
2010
$3,259 (+3.5%)
$70,023 + $94,310
$164,333
2009
$3,148 (+5.0%)
$69,500 + $93,606
$163,106
2008
$2,997
$69,666 + $93,829
$163,495
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
11,936
Year renovated
2022
Sq. Ft.
2,435
Year built
1954
Style
Single Family Residential
County
Los Angeles County
APN
7541008014
Parking Spaces
2
Basement
No
Accessible
No
HOA Dues
—
Garage
Yes
Features
Views
Last updated by owner on Apr 22, 2026.
Oct 6, 2027 • Active
Roofing - residential
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 2
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
Individual Room
Kitchen Information
Breakfast Counter / Bar, Family Kitchen
Bathroom Information
# of Baths (Full): 2
Room Information
All Bedrooms Down, Bonus Room, Entry, Family Room, Guest/Maid's Quarters, Library, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Utility Room, Walk-In Closet
Fireplace Information
Living Room
Has Fireplace
Heating Information
Central Furnace
Has Heating
Interior Features
Levels: One
Main Level Bathrooms: 2
Main Level Bedrooms: 3
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Front Yard, Lot 10000-19999 Sqft, Up Slope from Street
Property Information
Total # of Units: 1
Common Walls: No Common Walls
Parcel Number: 7541008014
Total # of Stories: 1
Has View
Year Built Source: Assessor
Financial
Assesments Information
Assessments: Unknown
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Suburban
School Information
High School District: Palos Verdes Peninsula Unified
Location Information
Latitude: 33.78543300
Longitude: -118.41500900
Other Subdivision Name: Margate
Directions: From Paseo del Mar, turn east on Avon Rd, then left on Chelsea
Zoning: PVR1YY
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 2,435
Stories: —
Parking Spaces: 2
Basement: No
Accessible: No
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1954
Year Renovated: 2022
County: Los Angeles County
APN: 7541008014
HOA Dues: —
Garage: Yes
Features: Views
Home facts updated by owner on Apr 22, 2026
Other
Listing Information
Days Active in MLS: 58
Continuous Days Active in MLS: 58
Listing Agent Information
List Agent First Name: George
List Agent Last Name: Fotion
Listing Office Information
List Office Name: Call Realty
Selling Agent Information
Buyer Agent First Name: George
Buyer Agent Last Name: Fotion
Selling Office Information
Buyer Office Name: Call Realty
Around this home
Schools
Lunada Bay Elementary School
Public K-5 • Assigned • 1.2mi
9/10
Palos Verdes Intermediate School
Public 6-8 • Assigned • 0.6mi
8/10
Palos Verdes High School
Public 9-12 • Assigned • 0.5mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 86° expected this year, 21 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Palos Verdes Estates, CA • 90274
Average low and high temperatures (°F)
68
50
68
52
69
54
69
54
70
56
73
60
78
63
81
64
79
64
74
58
68
53
66
52
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 6.8 hours in December, placing it above the
U.S. average for solar exposure.
9 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$2.64M – $3.19M
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