29010 Doverridge, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 4 bed, 3 bath
29010 Doverridge
Rancho Palos Verdes, California 90275
Property Price
SUMMARY
Analysis of 29010 Doverridge, Rancho Palos Verdes, California 90275 reveals a Prime Investment Opportunity with a current list price of $1,950,000—significantly undercutting the $2,022,089 Fair Market Value by 3%. This valuation gap indicates a +$72,089 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Rancho Palos Verdes Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29010 Doverridge Subject | $1,950,000* List Price | 4 | 3 | 2,634 | $768 | - |
A 6202 Lochvale Drive Sold | $1,750,000 | 4 | 3 | 2,472 | $708 | 0.3 mi |
B 6701 Kings Harbor Drive Sold | $1,730,000 | 5 | 3 | 2,513 | $688 | 0.3 mi |
C 28511 Quailhill Sold | $1,950,000 | 4 | 3 | 2,244 | $869 | 0.3 mi |
D 27914 San Nicolas Sold | $1,600,000 | 4 | 3 | 2,108 | $759 | 0.9 mi |
E 28630 Meadowmist Drive Active | $2,200,000 List Price | 5 | 4 | 2,766 | $795 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1968, the property is marketed as a 'canvas for a new owner,' indicating it is in mostly original condition. While the home appears well-maintained and functional with desirable ocean views, the kitchen, bathrooms, and interior finishes are significantly outdated and require modernization to meet contemporary standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13373, living area = 2634.
- Prime Coastal Location
Situated in the prestigious Rancho Palos Verdes community, the property is located within a top-tier school district and just moments from the scenic Hesse Park.
- Desirable Ocean Views
The home captures beautiful ocean views from both the primary living area and the second floor, a high-value feature that enhances the overall atmosphere and resale potential.
CONSRISKS & DEFICIENCIES
- Need for Modernization
Built in 1968 and marketed as a 'canvas for a new owner,' the home requires significant updates and renovations to bring it up to contemporary luxury standards.
- Potential Renovation Costs
The property is priced to reflect its original condition, meaning buyers should anticipate substantial additional capital investment for interior and system upgrades.
About 29010 Doverridge
Welcome to 29010 Doverridge Dr, a 4 bedroom, 3 bathroom home offering 2,634 SF of living space with ocean views from the living room and second floor. Step inside to a bright and welcoming living room where natural light and a glimpse of the water create an inviting first impression. The separate dining room provides a comfortable setting for gatherings, while the kitchen opens to the family room, allowing for an easy flow that works well for both everyday living and entertaining. A bedroom and full bathroom on the main level offer flexibility for guests, extended family, or a home office. Upstairs, three additional bedrooms provide privacy and generous space, with ocean views enjoyed from the second level. Out back, the spacious yard is ready to be enjoyed. A fire pit area sets the stage for relaxed evenings, the paved patio is ideal for outdoor seating and dining, and a separate grassy section offers room to play, garden, or unwind. The attached 3-car garage adds valuable storage and convenience, ideal for vehicles, hobbies, or additional workspace. Located just moments from Hesse Park, this home is part of a highly regarded school district and set within an enjoyable, well-established coastal neighborhood known for its scenic surroundings and community feel. Thoughtfully positioned at a value that reflects room for updates, it offers the perfect canvas for a new owner to bring their vision to life and create the home they’ve been dreaming of.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1968
- Lot Size
- 13,373 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,634 | 2,488.5 | 57% |
| Lot Size | 13,373 | 10,282 | 66% |
| Price | $1.95M | $1.93M | 51% |
| Price per sq ft | $740 | $779 | 40% |
| Built year | 1968 | 1965 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 194 | 1% |
Pricing History
Listed for Sale
Feb 25, 2026
$1,950,000
Initial Listing
Sold
Dec 16, 2014
$1,200,000
Public Record
Sold
Aug 27, 2002
$760,000
Public Record