1 Yellow Brick Road, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 5 bed, 4 bath
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Rancho Palos Verdes, California 90275
This property presents a High-Potential Investment Opportunity with a List Price of $2,245,000—positioned well below the $2,291,939 Fair Market Value by 2%. This valuation gap offers $46,939 in Instant Equity for buyers. Featuring a 5-bedroom, 4-bath layout on a massive 20,540 sqft lot with panoramic ocean and golf course views, the home carries a Condition Rating of 5. This is a major fixer ideal for Fix-and-Flip Investors or Contractors seeking to redevelop a custom estate in a premier coastal location.
Property is extensive renovation needed.
Built in 1980 and explicitly marketed as a 'major fixer' being sold 'as-is,' the property shows significant signs of age and neglect. Interior images reveal stained carpeting, dated 1980s-era tile in the bathrooms, and original fixtures. While the kitchen photo is digitally enhanced, the overall description and remaining rooms confirm the need for a comprehensive rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20540, living area = 3979.
Situated in the prestigious Malaga Cove area, the property offers rare, multi-faceted views of the ocean, coastline, city lights, and the Palos Verdes Golf Club.
With nearly half an acre of mostly usable land and a 4,000 sqft footprint, this property provides a massive canvas for renovation or redevelopment into a luxury custom estate.
The home is being sold in 'as-is' condition and requires extensive renovation or a complete rebuild, necessitating a significant additional budget beyond the purchase price.
Due to its 'major fixer' status and 'as-is' sale, the property may face challenges with traditional financing, likely requiring cash buyers or specialized construction loans.
Situated on nearly half an acre of mostly usable land, this 5-bedroom, 3.5-bath home is being sold “as is” and presents almost 4,000 square feet of endless potential for renovation, expansion, or redevelopment. Providing a rare opportunity with engaging ocean, city and golf course views, this major fixer offers an exceptional setting on a private street of only seven custom homes across from Palos Verdes Golf Club. Features include vaulted ceilings, 3-car garage, spacious grounds, and a layout ready for your creative reimagining. Award-winning Palos Verdes Schools, as well as proximity to beaches, scenic trails, shopping, and dining, make this an incredible chance to design a custom estate in an A+ location of one of the South Bay’s most desirable coastal communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 73% |
| Baths | 4.0 | 3.0 | 75% |
| Square foot | 3,979 | 2,473 | 91% |
| Lot Size | 20,540 | 11,467.5 | 86% |
| Price | $2.25M | $1.90M | 74% |
| Price per sq ft | $564 | $773 | 5% |
| Built year | 1980 | 1964 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 136 | 3% |
May 18, 2026
$2,245,000
Initial Listing