Great Opportunity in Rolling Hills – Red Tag Property with Builder Potential
Discover 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 community
4 Bedrooms | 4 Bathrooms
2 Units on a Single-Level Layout
Large Lot with Potential
Foundation Needs Repair – Permits in Progress
Ideal for Builders, Contractors, and Investors
Bring 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!
Discover 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 community
4 Bedrooms | 4 Bathrooms
2 Units on a Single-Level Layout
Large Lot with Potential
Foundation Needs Repair – Permits in Progress
Ideal for Builders, Contractors, and Investors
Bring 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!
Property Details
Price:
$2,199,000
MLS #:
SB25139447
Status:
Active
Beds:
4
Baths:
4
Address:
2950 N Palos Verdes Drive
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
166rollinghills
City:
Rolling Hills
Listed Date:
Jun 19, 2025
State:
CA
Finished Sq Ft:
3,822
ZIP:
90274
Lot Size:
50,913 sqft / 1.17 acres (approx)
Year Built:
1977
See this Listing
Mortgage Calculator
Schools
School District:
Palos Verdes Peninsula Unified
Interior
Appliances
None
Cooling
None
Fireplace Features
Living Room
Heating
None
Exterior
Association Amenities
Pickleball, Tennis Court(s), Hiking Trails, Horse Trails
Community Features
Hiking, Horse Trails
Foundation Details
Raised
Garage Spaces
2.00
Lot Features
0-1 Unit/ Acre
Parking Spots
2.00
Pool Features
None
Sewer
Conventional Septic
Spa Features
None
Stories Total
1
View
City Lights
Financial
Association Fee
1800.00
HOA Name
Rolling Hills Community
Utilities
None
Map
Community
- Address2950 N Palos Verdes Drive Rolling Hills CA
- Area166 – Rolling Hills
- CityRolling Hills
- CountyLos Angeles
- Zip Code90274
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2950 N Palos Verdes Drive
Rolling Hills, CA
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