Located on one of the most desirable Lunada Bay/Margate streets, this completely renovated, one-of-a-kind Tudor style home features 4 bedrooms and 3 baths in the main house and a multipurpose room with bath (not included in the square footage) above a two-car detached garage. This exceptional home showcases ocean views from the second floor rooms and is located only two blocks from the Paseo Del Mar cliffs, walking trails and a panoramic Queen’s Necklace view. Practically everything in the house is new, including the roof, solar panels, windows, air conditioning, wood flooring, tankless water heater, plumbing, sewer, electrical and more. The owners fashioned this home to make it bright, open, and easy flowing. Special features include vaulted ceilings, a brand new chef’s kitchen, and a spacious living room with fireplace & an adjoining bonus area that would make a fantastic office space. Perhaps the most extraordinary feature of this home though is its remarkable curb appeal. The lot measures 9,300 square feet, with separate seating areas, putting green, a large front flagstone porch and mature trees and gardens. There is a sense of serenity inside and outside this unique home. As one of the original homes on the peninsula, this 1935 charmer is within a one-mile distance from three highly rated Palos Verdes schools and a short walking distance to the Little League field.
Single-familyProperty Type
1935Year Built
7,720 sq ftLot Size
$1,279Est. Price/Sq.Ft.
2 car garageParking
Listed by Gary Kooba•DRE #00578697• Vista Sotheby’s International Realty
Bought with David Solomon•DRE #01386406• Douglas Elliman of California, Inc.
Bought with Anna Solomon•DRE #00850601• Douglas Elliman of California, Inc.
Unique and one-of-a-kind home on Addison a lovely tree-lined street. Three bedrooms on 2nd level master and another bedroom on main level. Living room and sitting room both have fireplaces. Hardscape in back yard plus mature trees.
11 years ago• May not reflect the current state of the home
Situated on the flat part of the most desirable street in Lunada Bay this spacious Tudor-style home features 6 bdrms and 3 full baths in the main house, with another spacious bdrm and ¾ bath above the detached garage (with separate entrance). Ocean views upstairs & from above the garage! There is a formal dining room, a kitchen & eating area, a laundry room w separate service porch & entrance, a lrg vaulted-ceiling family room, two fireplaces, a den/office, and a 2-car garage. The port couchere and paved stone driveway, beautiful English-garden landscaping, large yard (with 6 productive fruit trees plus other mature trees) and side PV-stone patio make it perfect for entertaining. The side yard outside the kitchen is perfect for a potager garden and herbs. The ample attic provides tons of storage space with enough room for a secret clubhouse. One of the original homes on the peninsula, it’s within walking distance of PVHS & PVIS, and ~1 mi from the elementary school. The gorgeous cliffs with miles of walking trails & views of the Queen’s Necklace, whales & dolphins are just a short block away! The Little League field, local bank, café and restaurants are all walkable.
Year
Property tax
Land + Additions
Assessment*
2025
$40,408 (+3.4%)
$2,440,778 + $1,061,208
$3,501,986
2024
$39,080 (+1.6%)
$2,440,778 + $1,061,208
$3,501,986
2023
$38,456 (+5.3%)
$2,392,920 + $1,040,400
$3,433,320
2022
$36,517 (+58.7%)
$2,346,000 + $1,020,000
$3,366,000
2021
$23,012 (−23.8%)
$2,300,000 + $1,000,000
$3,300,000
2020
$30,213 (+4.5%)
$1,500,044 + $475,831
$1,975,875
2019
$28,907 (+0.5%)
$1,484,663 + $470,952
$1,955,615
2018
$28,770 (+4.9%)
$1,455,552 + $401,560
$1,857,112
2017
$27,436 (+712.7%)
$1,399,032 + $385,968
$1,785,000
2016
$3,376 (+1.5%)
$1,399,032 + $385,968
$1,785,000
2015
$3,326 (+1.2%)
$75,781 + $95,246
$171,027
2014
$3,285 (+1.0%)
$73,181 + $91,979
$165,160
2012
$3,251 (+3.5%)
$72,851 + $91,564
$164,415
2011
$3,140 (−1.5%)
$71,423 + $89,769
$161,192
2010
$3,188 (+3.9%)
$70,023 + $88,009
$158,032
2009
$3,069 (+1.3%)
$69,500 + $87,352
$156,852
2008
$3,029
$69,666 + $87,560
$157,226
Tax history for 1541 Addison Rd
Year
Property tax
Land + Additions
Assessment*
2025
$40,408 (+3.4%)
$2,440,778 + $1,061,208
$3,501,986
2024
$39,080 (+1.6%)
$2,440,778 + $1,061,208
$3,501,986
2023
$38,456 (+5.3%)
$2,392,920 + $1,040,400
$3,433,320
2022
$36,517 (+58.7%)
$2,346,000 + $1,020,000
$3,366,000
2021
$23,012 (−23.8%)
$2,300,000 + $1,000,000
$3,300,000
2020
$30,213 (+4.5%)
$1,500,044 + $475,831
$1,975,875
2019
$28,907 (+0.5%)
$1,484,663 + $470,952
$1,955,615
2018
$28,770 (+4.9%)
$1,455,552 + $401,560
$1,857,112
2017
$27,436 (+712.7%)
$1,399,032 + $385,968
$1,785,000
2016
$3,376 (+1.5%)
$1,399,032 + $385,968
$1,785,000
2015
$3,326 (+1.2%)
$75,781 + $95,246
$171,027
2014
$3,285 (+1.0%)
$73,181 + $91,979
$165,160
2012
$3,251 (+3.5%)
$72,851 + $91,564
$164,415
2011
$3,140 (−1.5%)
$71,423 + $89,769
$161,192
2010
$3,188 (+3.9%)
$70,023 + $88,009
$158,032
2009
$3,069 (+1.3%)
$69,500 + $87,352
$156,852
2008
$3,029
$69,666 + $87,560
$157,226
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
9,466 Sq. Ft.
Year renovated
1980
Sq. Ft.
2,871
Year built
1935
Style
Single Family Residential
County
Los Angeles County
APN
7541008010
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 28, 2026.
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 2
Driveway, Garage, Street
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
Kitchen Information
Appliances: 6 Burner Stove, Built In Range, Dishwasher, Freezer, Microwave, Range/Stove Hood, Refrigerator
Has Appliances
Breakfast Nook, Family Kitchen, Formal Dining Room
Remodeled Kitchen
Bathroom Information
# of Baths (Full): 3
Remodeled
Cooling Information
Central
Has Cooling
Room Information
Family Room, Laundry
Fireplace Information
Bonus Room, Living Room, Primary Bedroom, Wood
Has Fireplace
Flooring Information
Wood
Heating Information
Central Furnace
Has Heating
Interior Features
Levels: Two
Main Level Bathrooms: 2
Main Level Bedrooms: 2
Exterior
Exterior Information
Structure Type: House
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn, Level with Street
Property Information
Total # of Units: 1
Accessibility Features: 2+ Access Exits
Common Walls: No Common Walls
Living Area Source: Assessor's Data
Parcel Number: 7541008010
Property Condition: Turnkey, Updated/Remodeled
Total # of Stories: 2
Has View
Year Built Source: Assessor
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Biking, Golf Course, Hiking, Horse Trails
School Information
High School District: Palos Verdes Peninsula Unified
Location Information
Latitude: 33.78403200
Longitude: -118.41505500
Directions: From Palos Verdes Drive West turn onto Cloyden Road. From Cloyden Road turn right onto Addison Road. Property will be on the left.
Zoning: PVR1*
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 2,871
Stories: —
Lot Size: 9,466 square feet
Style: Single Family Residential
Year Built: 1935
Year Renovated: 1980
County: Los Angeles County
APN: 7541008010
Home facts updated by county records on Aug 28, 2026
Other
Miscellaneous Information
Exclusions: Spa, washer/dryer, living room chandelier
Lease Considered
Listing Information
Days Active in MLS: 39
Continuous Days Active in MLS: 39
Listing Agent Information
List Agent First Name: Gary
List Agent Last Name: Kooba
Listing Office Information
List Office Name: Vista Sotheby’s International Realty
Selling Agent Information
Buyer Agent First Name: David
Buyer Agent Last Name: Solomon
Co-Buyer Agent First Name: Anna
Co-Buyer Agent Last Name: Solomon
Selling Office Information
Buyer Office Name: Douglas Elliman of California, Inc.
Co-Buyer Office Name: Douglas Elliman of California, Inc.
Around this home
Schools
Lunada Bay Elementary School
Public K-5 • Assigned • 1.1mi
9/10
Palos Verdes Intermediate School
Public 6-8 • Assigned • 0.5mi
8/10
Palos Verdes High School
Public 9-12 • Assigned • 0.4mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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