
Rancho Palos Verdes, California 90275
This property presents a High-Potential Investment Opportunity with a List Price of $1,567,000—positioned above the $1,529,561 Fair Market Value. While the property requires a total rehab due to its Condition Rating of 5, the expansive 8,899 sqft lot provides significant upside for forced appreciation. Located in the premier Palo Verde Unified district near Peninsula High School, this asset offers a blank canvas for value-add renovations. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking to maximize equity in a top-tier location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29336 Quailwood Drive Subject | $1,567,000* List Price | 3 | 3 | 2,052 | $745 | - |
A 28630 Meadowmist Drive Sold | $1,825,000 | 5 | 4 | 2,766 | $660 | 0.6 mi |
B 6701 Kings Harbor Drive Sold | $1,730,000 | 5 | 3 | 2,513 | $688 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964 and appearing largely in original condition, this property requires a total rehab. The kitchen is severely dated and missing appliances, the bathrooms are obsolete, and visible cracks in the popcorn ceiling along with unfinished drywall patches suggest significant maintenance neglect and potential structural concerns.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8899, living area = 2052.
The property is situated within the boundaries of highly-rated schools, including Peninsula High and Ridgecrest Intermediate, which is a major draw for families and supports long-term property value.
As a 'fixer' opportunity on a generous 8,899 sqft lot, this home serves as a blank canvas for buyers or investors looking to build equity through a custom remodel.
The property is marketed as a remodel opportunity, implying that it likely requires significant capital expenditure to address dated interiors and potential deferred maintenance.
Despite its hilltop positioning in Rancho Palos Verdes, the listing indicates no views, which may be a disadvantage compared to neighboring properties that capture ocean or city light vistas.
Presenting an incredible opportunity to remodel and customize your dream home! Bring your vision to life and create the home you have always imagined. Conveniently located on a hilltop just minutes from Peninsula Shopping Center, parks, and the Promenade on the Peninsula mall. Situated near award-winning schools including Soleado Elementary, Ridgecrest Intermediate, and Peninsula High School.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 26% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,052 | 2,458 | 28% |
| Lot Size | 8,899 | 11,324 | 28% |
| Price | $1.57M | $1.89M | 21% |
| Price per sq ft | $764 | $774 | 45% |
| Built year | 1964 | 1964 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 143 | 4% |
Jun 4, 2026
$1,567,000
Initial Listing