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2950 Palos Verdes Drive N

Rolling Hills, CA 90274

4 beds
4 baths
3,822 sqft
~1 acre lot
$497 per sqft
1977 build
– on site

Investor’s Dream in Rolling Hills – Rare Fixer-Upper with High Upside Potential. Unlock the hidden value of this prime real estate opportunity in the prestigious City of Rolling Hills. Set on a sprawling lot of 1.16 acres along tree lined Palos Verdes Drive North, this single-level property is brimming with potential and ready for transformation. Whether you're a seasoned contractor, investor, or a visionary homeowner seeking your next project, this fixer-upper offers the perfect canvas to maximize value and returns. With 4 bedrooms and 4 baths, 3,822 sqft of living area, the layout includes 3 structures, making it ideal for multi-generational living, dual rentals, or a complete redesign into a luxury estate. The front house is Red Tagged, foundation issue is detected. Separate driveway to the back structure, which could be an independent living area with privacy. The middle structure appears to be a living area with bathroom. Original architectural details remained, including intricate brickwork and charming mosaic glass accents that speak to the home's timeless character. Easy commute off of the Hills, close vicinity to great schools in the Palos Verdes Peninsula School District, as well as private schools such as Chadwick School and Country Day. Bring your crew, your architect, and your ambition, an opportunity like this is rare in the prestigious Rolling Hills.

Listed By CRMLS_CA / Mingli Wang / Realty One Group United / 310-293-0250

Last checked: Checking… • Last updated Jul 13, 2025 •

MLS# SB25156958 —

The Building

Year Built:

1977
Year Built Source:

Assessor
New Construction:

No
Total Number Of Units:

1
Structure Type:

House
Stories Total:

1
Entry Level:

1
Common Walls:

No Common Walls

Interior

Levels:

One
Entry Location:

front door
Room Type:

All Bedrooms Down, Kitchen
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

Yes
Fireplace:

Living Room
Laundry:

None

Room Dimensions

Living Area:

3822.00

Location

Directions:

From Palos Verdes Dr. North, turn uphill onto the 2900's block driveway
Latitude:

33.77175100
Longitude:

-118.33779300

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Zoning:

RHRAS1*
Lot Features:

Sloped Down
Lot Size Area:

50913.0000
Lot Size Acres:

1.1688
Lot Size SqFt:

50913.00
Lot Size Source:

Assessor
View:

1
View:

Canyon, City Lights
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

6705.00
Tax Tract:

28147
Tax Lot:

1

Beds

Total Bedrooms:

4
Main Level Bedrooms:

4

Baths

Total Baths:

4
Full & Three Quarter Baths:

4
Main Level Baths:

4
Full Baths:

4

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7569001031

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

No
Cooling:

None

Utilities

Sewer:

Septic Type Unknown
Water Source:

Public

Schools

High School District:

Palos Verdes Peninsula Unified

The Community

Features:

Golf, Horse Trails
Association Amenities:

Pickleball, Tennis Court(s), Horse Trails
Association:

Rolling Hills Homeowners Association
Association:

Yes
Association Fee:

$1,800
Association Fee Frequency:

Semi-Annually
Pool:

None
Senior Community:

No
Private Pool:

No
Assessments:

Yes
Assessments:

Unknown

Parking

Parking Spaces:

3.00
Attached Garage:

Yes
Garage Spaces:

3.00

Monthly cost estimate

Asking price

$1,900,000

Expense	Monthly cost
Mortgage	$10,173
Taxes	N/A
Insurance	$522
HOA fees	$300
Utilities	$222 See report
Total	$11,217/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
7/12/25 Jul 12, 2025	Listed / Active	CRMLS_CA	$1,900,000	11.8% (11.7% / YR)
7/1/25 Jul 1, 2025	Price Changed	BRIDGE
6/22/25 Jun 22, 2025	Price Changed	BRIDGE

32% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $63k above asking price on average, but some went as high as $205k over asking price.

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This house located in South Bay, Rolling Hills, CA 90274 is currently for sale for $1,900,000. 2950 Palos Verdes Drive N is a 3,822 square foot house with 4 beds and 4 baths that has been on Estately for 1 days. 2950 Palos Verdes Drive N is in the South Bay neighborhood of Rolling Hills and has a WalkScore® of 16, making it car-dependent. This house is in the attendance area of Dapplegray Elementary School.

Listing Courtesy of: CRMLS_CA and Realty One Group United. Based on information from California Regional Multiple Listing Service, Inc. as of 00:02 on Jul 13.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.