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, yo
MLS #
CRSB25156958
MLS Source
California Regional MLS
Days on Site
5
Bedrooms
Ground Floor Bedroom
Fireplace
Living Room
Laundry
None
Cooling
None
Heating
Central Forced Air
Pool
None
Garage/Parking
Garage: 3 Car(s)
Elementary District
Palos Verdes Peninsula Unified
High School District
Palos Verdes Peninsula Unified
HOA Fee
$1800
Zoning
RHRAS1*
2950 Palos Verdes Dr is a Single Family Residence in Rolling Hills, CA 90274. This 3,822 square foot property sits on a 1.168 Acres Lot and features 4 bedrooms & 4 full bathrooms. It is currently priced at $1,900,000 and was built in 1977.
This address can also be written as 2950 Palos Verdes Dr, Rolling Hills, CA 90274.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 17, 2025. For the most current information, please contact Mingli Wang, (310) 293-0250