Beautiful BRAND NEW construction developed by Katnik Homes in Lower Lunada Bay. This 4 bedroom, 3.5 bath home is situated on a corner lot in arguably one of the best neighborhoods of Palos Verdes Estates. The cozy wrap-around porch with copper gutters and white-washed brick exterior accentuates charm of this well designed property by architect Doug Leach. As you enter the dutch door you will be welcomed to a bright and open layout with white oak wood flooring throughout, tongue and groove coffer ceilings, and exquisite light fixtures. French Doors lead to a backyard with ample room for a pool or outdoor living space if desired. Gourmet kitchen features Cararra Marble countertops, massive butcher block island, and Thermador gas range and refrigerator. The master bedroom suite has a cozy balcony with ocean views and a bathroom with a soaking tub and large rain shower. Other features include wiring set up for surround sound speakers and security cameras, fully insulated walls, central vac, tankless water heater, and quality built in cabinets. The additional 2,259 sf of city parkway frontage adds to the sweeping curb appeal. Located within walking distance to Palos Verdes High School and hiking trails along the breathtaking Palos Verdes coastline.
Single-familyProperty Type
2016Year Built
5,824 sq ftLot Size
$1,263Est. Price/Sq.Ft.
2 car garageParking
Listed by Matthieu Reyes•DRE #01903241• Shorewood Realtors
Listed by Vicki Leach•DRE #01341908• Shorewood Realtors
Bought with Desiree Collings•DRE #01858963• HK Lane Real Estate
Sale includes Vacant Lot to the East in Margate Square: APN #7541-13-19
Year
Property tax
Land + Additions
Assessment*
2025
$31,003 (+3.5%)
$1,798,906 + $841,420
$2,640,326
2024
$29,953 (+1.7%)
$1,798,906 + $841,420
$2,640,326
2023
$29,455 (+5.3%)
$1,763,634 + $824,922
$2,588,556
2022
$27,986 (+9.2%)
$1,729,053 + $808,748
$2,537,801
2021
$25,636 (+4.6%)
$1,695,150 + $792,891
$2,488,041
2020
$24,499 (−8.5%)
$1,512,500 + $707,500
$2,220,000
2019
$26,785 (+0.5%)
$1,644,872 + $769,375
$2,414,247
2018
$26,659 (+6.0%)
$1,612,620 + $754,290
$2,366,910
2017
$25,158 (+100.4%)
$1,550,000 + $725,000
$2,275,000
2016
$12,553 (+18.7%)
$1,550,000 + $725,000
$2,275,000
2015
$10,579 (+1.5%)
$790,050 + $264,827
$1,054,877
2014
$10,427 (+2.0%)
$762,940 + $86,745
$849,685
2012
$10,224 (+3.3%)
$759,492 + $86,353
$845,845
2011
$9,899 (+390.3%)
$744,600 + $84,660
$829,260
2010
$2,019 (+3.0%)
$730,000 + $83,000
$813,000
2009
$1,960 (+2.8%)
$65,128 + $54,305
$119,433
2008
$1,905
$65,283 + $54,435
$119,718
Tax history for 1616 Addison Rd
Year
Property tax
Land + Additions
Assessment*
2025
$31,003 (+3.5%)
$1,798,906 + $841,420
$2,640,326
2024
$29,953 (+1.7%)
$1,798,906 + $841,420
$2,640,326
2023
$29,455 (+5.3%)
$1,763,634 + $824,922
$2,588,556
2022
$27,986 (+9.2%)
$1,729,053 + $808,748
$2,537,801
2021
$25,636 (+4.6%)
$1,695,150 + $792,891
$2,488,041
2020
$24,499 (−8.5%)
$1,512,500 + $707,500
$2,220,000
2019
$26,785 (+0.5%)
$1,644,872 + $769,375
$2,414,247
2018
$26,659 (+6.0%)
$1,612,620 + $754,290
$2,366,910
2017
$25,158 (+100.4%)
$1,550,000 + $725,000
$2,275,000
2016
$12,553 (+18.7%)
$1,550,000 + $725,000
$2,275,000
2015
$10,579 (+1.5%)
$790,050 + $264,827
$1,054,877
2014
$10,427 (+2.0%)
$762,940 + $86,745
$849,685
2012
$10,224 (+3.3%)
$759,492 + $86,353
$845,845
2011
$9,899 (+390.3%)
$744,600 + $84,660
$829,260
2010
$2,019 (+3.0%)
$730,000 + $83,000
$813,000
2009
$1,960 (+2.8%)
$65,128 + $54,305
$119,433
2008
$1,905
$65,283 + $54,435
$119,718
*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
5,824 Sq. Ft.
Year renovated
2016
Sq. Ft.
2,440
Year built
2016
Style
Single Family Residential
County
Los Angeles County
APN
7541013024
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 7, 2026.
Property details
Parking
Parking / Garage Information
Attached Garage
# of Garage Spaces: 2
Direct Garage Access
Has Parking
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
Inside, Individual Room, Stackable
Kitchen Information
Appliances: 6 Burner Stove, Dishwasher, Microwave
Has Appliances
Breakfast Counter / Bar, Separated
Kitchen Island
Bathroom Information
# of Baths (Full): 3
# of Baths (1/2): 1
Room Information
Jack & Jill, Living Room, Main Floor Bedroom, Primary Suite
Fireplace Information
Living Room
Has Fireplace
Flooring Information
Wood
Heating Information
Central Furnace
Has Heating
Interior Features
French Doors
Built-Ins, Balcony, Coffered Ceiling(s), Wired for Data, Wired for Sound, Vacuum Central
Levels: Two
Exterior
Exterior Information
Construction Materials: Brick, Flagstone
Exterior Features
Rain Gutters
Patio And Porch Features: Brick, Porch - Front, Porch - Rear, Stone, Wrap Around
Has Patio
Pool Features: None
Lot Information
Lot Size Source: Builder
Lot Features: Front Yard, Lot-Level/Flat, Corner Lot
Property Information
Total # of Units: 1
Common Walls: No Common Walls
Parcel Number: 7541013024
Has View
Year Built Source: Builder
Utilities
Utilities Information
Sewer Available
Water Source: District/Public
Location
Multi-Unit Information
# of Units In Community: 1
Neighborhood Information
Community Features: Suburban
Location Information
Latitude: 33.78334800
Longitude: -118.41490200
Road Surface Type: Paved
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 2,440
Stories: —
Lot Size: 5,824 square feet
Style: Single Family Residential
Year Built: 2016
Year Renovated: 2016
County: Los Angeles County
APN: 7541013024
Home facts updated by county records on Jul 7, 2026
Other
Listing Information
Days Active in MLS: 103
Continuous Days Active in MLS: 103
Listing Agent Information
List Agent First Name: Matthieu
List Agent Last Name: Reyes
Co-List Agent First Name: Vicki
Co-List Agent Last Name: Leach
Listing Office Information
List Office Name: Shorewood Realtors
Co-List Office Name: Shorewood Realtors
Selling Agent Information
Buyer Agent First Name: Desiree
Buyer Agent Last Name: Collings
Selling Office Information
Buyer Office Name: HK Lane | Christie's Int'l
Around this home
Schools
Lunada Bay Elementary School
Public K-5 • Assigned • 1.0mi
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
Local insights from Redfin agents
The real estate market is becoming more balanced. Buyers have more inventory, more data, and more time to make informed decisions than they did a year ago. Well-priced homes are still moving quickly, but today’s market rewards preparation, strategy,...