Greg Jeong and Nam S. Jeong have listed for sale a three-bedroom, four-bath home at 32704 Via Palacio in Rancho Palos Verdes for $1.295 million.

The Jeongs paid $1.24 million for the property in Sept. 2004. The 3,556-square-foot house was built in 1984 in the Seaside Rancho Palos Verdes neighborhood.

Sol Choi of RE/MAX Palos Verdes S.S. is the listing agent for the home.

Greg Jeong is the owner of Palacio Capital Partners Inc., an investment management firm. He attended the University of West Los Angeles.

According to BlockShopper.com, there have been 234 home sales in Rancho Palos Verdes during the past 12 months, with a median sales price of $860,000.

Address: 32704 Via Palacio
Buyer(s): Greg Jeong and Nam Sook Jeong
Seller(s): Gerald Steven Germany and Linda Suzanne Germany
Sale date: Sep. 3, 2004