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1698 Lexington Lane
About This Property
Welcome to 1698 Lexington Ln, a rare detached end-unit townhome in North San Pedro's gated Ponte Vista community, directly adjacent to Rancho Palos Verdes. Built in 2023, this modern 3-bedroom, 4-bath home delivers advantages rarely found in older South Bay properties: up-to-date systems and energy-efficient design. The tri-level layout offers 1,852 sq ft (BTV) with 2 full baths and 2 half baths. As an end unit, it also brings enhanced natural light and views of the Rancho Palos Verdes hills, a meaningful edge over interior units.
LIVING & ENTERTAINING
The tri-level layout begins at the entry level with a generous flex space suited for a home office, workout area, or guest quarters, along with a convenient half bath. Luxury Vinyl Plank flooring runs throughout the entire home, including the upstairs bedrooms where most comparable new builds default to carpet, a builder upgrade offering durability and a consistent look throughout. On the second floor, the open great room connects the living area, dining space, and kitchen in a natural flow. The kitchen features quartz countertops, stainless steel appliances, and ample cabinetry, along with a touchless sensor faucet and an under-sink water filtration system. Custom blinds across most windows add a polished, move-in ready finish. A second half bath on this level keeps entertaining convenient.
RELAXATION & FUNCTION
The third floor is devoted to rest. The owner's suite is a private retreat featuring an en-suite bath with dual vanities and a spacious walk-in closet. Two additional bedrooms share a full bath with a bathtub and shower.
SMART & SUSTAINABLE FEATURES
The home includes a leased 9-panel rooftop solar array (3.15 kWp) through SunRun, dual-zone smart thermostats, and a tankless water heater. An attached gated storage area keeps trash and recycling bins out of sight.
PONTE VISTA RESORT-STYLE AMENITIES
At just $220 per month, the HOA fee is among the lowest you will find in the South Bay for a gated community offering this caliber of amenities. Residents enjoy a heated pool, spa, fitness center, dog park, BBQ area, fire pit, and nearby scenic walking trails, all within close reach of beaches, shopping, dining, major freeways, and the vibrant waterfront redevelopment at West Harbor slated for Summer 2026.
End unit. Views. Upgrades. Exceptional value. Tour today.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| May 15, 2026 | Listed by Strand Hill Properties | $900,000 | |
| Listed by Strand Hill Properties | |||
Property Highlights
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Price/ft²
Listed On
Sold On
About Harbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017