$1,240,000
●
House -
Off Market
50 Ranchview Road
Rolling Hills Estates, CA 90274
4 Beds
1 Bath
1,503 Ft²
$1,779,200
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
Calling all horse lovers! First time on the market in over 50
years. Build or renovate your dream home on a spacious and pastoral
horse property in the heart of Rolling Hills Estates. A four
bedroom, two bath, one story home is currently on the property in
its near original condition. This half acre lot has gorgeous, tree
lined views of the hills of Palos Verdes overlooking a sunny and
serene canyon. Located on one of the most sought after
family-friendly streets in Rolling Hills Estates with easy on/off
the hill access and within walking distance to Rancho Vista
Elementary school. Peninsula High School, recently rated the
#1 best public high school in Los Angeles County by Niche, is a
short 5 minute drive away. The home recently had a complete
plumbing re-pipe and a complete horizontal re-sewer. There is a new
50 gallon hot water heater as well as new Toto toilets. The roof
was replaced in 2015. An electrical underground vault was installed
on the adjacent property and is available to this property for
installing underground electrical service. This home is one of the
few locations on the hill where you can have horses, chickens or
goats and access to the many miles of bridle trails, yet be close
to shopping, dining and the beach. Great opportunity to build your
dream home, renovate and make it your own, or invest, fix and flip!
The home will be sold "as is".
Unit Size
1,503 Ft²
Days on Market
36 days
Land Size
0.54 acres
Price per sqft
$798
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #PV19041317)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2021 | No longer available | - | |
| No longer available | |||
| Jun 26, 2021 | Price Decreased |
$3,290,000
↓ $200K
(5.7%) | |
| Price Decreased | |||
| Jun 4, 2021 | Price Decreased |
$3,490,000
↓ $260K
(6.9%) | |
| Price Decreased | |||
| Apr 21, 2021 | Listed by Century 21 Union Realty | $3,750,000 | |
| Listed by Century 21 Union Realty | |||
| | |||
|
Coveted heart of Rolling Hills Estates. 3Bedrooms, 3.5 Bathrooms / 2,500 Sf of Living Area + 850 Sf of California Room (Permitted), 23,500 Sf of Lot size. Built-in 2021. Sincerely custom - rebuilt one story home, ready to comfort it's new owners. Modern yet keeping hint of a classic touch. This bright home welcome you with features of : a Tuscan entry door into foyer, premium smooth finishing interior / exterior paint, solid wood doors, and naturally lit with cathedral wood-beamed / high ( High as 15ft.) Ceilings and widespread skylights. Cook delicious meals in it's chef's kitchen with quartz counter top, Viking stainless appliances, Sub-Zero refrigerator, roomy breakfast counter, lovely walk-in pantry, crisp all- white cabinetry with built - in organizers plus backsplash, and a pleasant view overlooking the comfortable indoor / outdoor living of sociable California room. Alongside is the dining area and living room with a marble fireplace. Cozy California room showcase a second marble fireplace, petite kitchen, La Cantina panoramic sliding doors, easy-to- maintain tile floor, ceiling fan, and built-in seating. And curtains of your liking for convenience and romantic feels. Now.. enjoy the attractive qualities of : premium hardwood flooring, central heating & A/C system, two tankless water heaters, extra insulation, recess lighting throughout, and frosted windows / doors. Luminous master suite has his & her sink plus a vanity, luxurious freestanding tub, separate walk-in shower, and it's own California room. bask in the fresh air and canyon views in your home gym! In these unprecedented times, outdoor homey living can be yours. All bedrooms included a generous walk-in closet and en suite bathroom. Cute inside laundry room. Attached two car garage with direct access and an oversized driveway. Back and front yard are beautifully landscaped with spring and soon-to-be summer vibes. Safe family -oriented neighborhood suitable foe strolls. Conveniently by exceptional school of Palos Verdes Peninsula Unified School District. Location has easy access/exit for personal ease and potential guests. Nearby recreation, groceries, dining, entertainment, beaches, and freeways. Comfortable living at your fingertips with this rare gem.. The manager has listed the unit size as 2500 square feet.
| |||
| Apr 2, 2019 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Rolling Hills Estates
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Listed by: Kim Zappulla, Keller and Associates Realty/P
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PV19041317
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PV19041317
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