$2,199,001
$100K PRICE DROP

2950 Palos Verdes Dr N Rolling Hills Estates, CA 90274

Estimated payment $13,933/month

Total Views 64
4 Beds
4 Baths
3,822 Sq Ft
$575 Price per Sq Ft

Highlights

  • City Lights View
  • Tennis Courts
  • 2 Car Attached Garage
  • Dapplegray Elementary School Rated A+
  • Hiking Trails
  • Horse Trails

About This Home

Great Opportunity in Rolling Hills – Red Tag Property with Builder PotentialDiscover an exceptional investment opportunity in the prestigious Rolling Hills community. This single-level family home offers a unique chance for builders, investors, or visionary homeowners to unlock its full potential.Featuring 4 spacious bedrooms and 4 full bathrooms, the property includes 2 separate units, providing flexibility for multi-generational living or rental income.Please note: this is a Red Tag property. The current owner is actively working with both the City and County to secure permits for necessary improvements. The home has a foundation issue that will require repair, presenting a prime opportunity for value-add redevelopment in one of the most desirable neighborhoods in the area.Key Features:Located in the highly sought-after Rolling Hills community4 Bedrooms | 4 Bathrooms2 Units on a Single-Level LayoutLarge Lot with PotentialFoundation Needs Repair – Permits in ProgressIdeal for Builders, Contractors, and InvestorsBring your vision and turn this into a dream home or a profitable investment. Property being sold as-is. Don’t miss out on this rare opportunity!

Listing Agent

Tanvir Mian

Realty ONE Group United Brokerage Phone: 310-356-0940 License #02187728 Listed on: 06/20/2025

Realty ONE Group United

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,594

Year Built

  • Built in 1977

Lot Details

  • 1.17 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned RHRAS1*

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper
  • Raised Foundation

Interior Spaces

  • 3,822 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • City Lights Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 4 Full Bathrooms

Utilities

  • No Heating
  • No Utilities
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 28147
  • Assessor Parcel Number 7569001031
  • $2,661 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Rolling Hills Community Association, Phone Number (310) 544-6222
  • Rolling Hills Community Association

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Horse Trails
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,594

Year Built

Built in 1977

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 213 216 4267
  • Other Phone Number: 213 216 4267
  • Property Attached: No
  • View: Yes
  • Zoning: RHRAS1*
  • Architectural Style: Ranch
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7569001031
  • Year Built: 1977
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3822.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 575.35
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • View: City Lights
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: None
  • Heating: No
  • Laundry: No
  • Sewer: Conventional Septic

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Tennis Court(s), Hiking Trails, Horse Trails
  • Association Fee: 1800.00
  • Association Fee Frequency: Semi-Annually
  • Association Name: Rolling Hills Community
  • Phone: 3105446222
  • Senior Community: No
  • Community Features: Hiking, Horse Trails
  • Association Management: Rolling Hills Community Association

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 50913.00
  • Lot Size Acres: 1.1688
  • Latitude Manual: 33.77186500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 50913.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6705.00
  • Tax Lot: 1
  • Tax Tract Number: 28147
  • TaxOtherAnnualAssessmentAmount: 2661.00

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,594 $1,289,843 $710,940 $578,903
2023 $16,337 $1,264,552 $697,000 $567,552
2022 $15,211 $1,239,758 $683,334 $556,424
2021 $15,149 $1,215,450 $669,936 $545,514
2020 $14,952 $1,202,988 $663,067 $539,921
2019 $14,538 $1,179,401 $650,066 $529,335
2018 $14,280 $1,156,276 $637,320 $518,956
2016 $13,584 $1,111,378 $612,573 $498,805
2015 $13,461 $1,094,685 $603,372 $491,313
2014 $13,305 $1,073,242 $591,553 $481,689
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2025 06/21/25 Price Changed $2,199,001 -4.3% $575 / Sq Ft
06/20/2025 06/20/25 For Sale $2,299,001 +35.2% $602 / Sq Ft
07/10/2024 07/10/24 Sold $1,700,000 +21.5% $445 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $1,399,000 -- $366 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,700,000 California Title Company
Interfamily Deed Transfer -- None Available
Deed -- Sanders & Montalto Llp
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 No Value Available
Open $1,100,000 New Conventional
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25139447

California Regional Multiple Listing Service (CRMLS)

APN: 7569-001-031