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Sold for $1,475,000
  • Listing Provided by: HH Coastal Real Estate
    Bought with: Peninsula Realty, Inc.
    $1,475,000

    2003 Velez Dr, Rancho Palos Verdes, CA 90275

    4beds
    2,013sqft
    Single Family Residence
    Built in 1958
    8,443 Square Feet Lot
    $1,477,000 Zestimate®
    $733/sqft
    $6,614 Estimated rent

    Home value

    $1,477,000

    $1.34M - $1.62M

    $6,614/mo

    Zestimate® history
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    What's special

    Secluded and tranquil backyardUpdated electrical throughoutNewer roofDesigner lightingFormal dining roomFresh landscapingLow-maintenance water-saving turf
    Nestled in the highly sought-after neighborhood of Rancho Palos Verdes, this beautifully remodeled mid-century home offers 4 bedrooms and 2 bathrooms, thoughtfully designed with both comfort and style in mind, spanning over 2,000 sq ft on an expansive 8,441 sq ft lot corner lot! Step inside to discover a light-filled interior featuring newer luxury vinyl flooring, updated electrical throughout, HVAC system, newer roof, dual-paned windows and sliders, and designer lighting that enhances every space. The well-designed floor plan offers seamless flow between two spacious living areas, a formal dining room, and a charming breakfast nook with bar seating—perfect for both everyday living and entertaining. The updated kitchen serves as the heart of the home, combining functionality with modern appeal. While the main living spaces invite connection, the bedroom wing provides privacy and retreat. All bedrooms offer ample closet space with the rear bedroom opening to the back patio area. Outdoors, the secluded and tranquil backyard is an entertainer’s dream, complete with a tastefully stamped concrete patio, fresh landscaping, fruit producing guava and banana trees, and low-maintenance, water-saving turf. Additional features include an oversized two-car direct access garage, large paver driveway with ample parking, and two outdoor storage sheds. Situated on a desirable corner lot, the property is framed by ivy-covered brick walls that offer both charm and privacy. Ideally located near shopping, dining, parks, and easy freeway access, this home is also just a short drive from top rated PV schools, the upcoming West Harbor development, and the beautiful peninsula coastline.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Michael Harper DRE #01381971 310-850-9951,

    HH Coastal Real Estate,

    Peter Hazdovac DRE #01897455 310-739-9743,

    HH Coastal Real Estate

    Bought with:

    Becky Park, DRE #01404867

    Peninsula Realty, Inc.

    Source: CRMLS,MLS#: PV26067733MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 4
    Primary bedroom
    • Features: Primary Suite
    Bathroom
    • Features: Bathroom Exhaust Fan, Dual Sinks, Low Flow Plumbing Fixtures, Stone Counters, Remodeled, Separate Shower, Tile Counters, Tub Shower, Walk-In Shower
    Kitchen
    • Features: Pots & Pan Drawers, Tile Counters
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Range, Disposal, Gas Range, Refrigerator, Range Hood, Vented Exhaust Fan, Water Heater, Dryer, Washer
    • Laundry: Laundry Chute, Electric Dryer Hookup, Gas Dryer Hookup, In Garage
    Features
    • Beamed Ceilings, Built-in Features, Open Floorplan, Pantry, Stone Counters, Recessed Lighting, Primary Suite, Walk-In Closet(s)
    • Flooring: Vinyl
    • Doors: Double Door Entry, Mirrored Closet Door(s), Sliding Doors
    • Windows: Blinds, Double Pane Windows
    • Has fireplace: Yes
    • Fireplace features: Gas, Library
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,013 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Concrete, Direct Access, Garage, Paved
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: front
    • Patio & porch: Concrete
    • Exterior features: Awning(s)
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Excellent Condition,Privacy
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 8,443 sqft
    • Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Garden, Gentle Sloping, Lawn, Landscaped, Near Park, Near Public Transit, Sprinkler System, Street Level, Trees, Yard
    Details
    • Additional structures: Shed(s), Storage
    • Parcel number: 7550004015
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mid-Century Modern,Patio Home
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Community
    • Community features: Curbs, Dog Park, Hiking, Marina, Park
    Location
    • Region: Rancho Palos Verdes

    Other

    Other facts
    • Listing terms: Submit
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/18/2026Sold$1,475,000$733/sqft
    Source: CRMLS #PV26067733 Report a problem
    4/28/2026Pending sale$1,475,000$733/sqft
    Source: CRMLS #PV26067733 Report a problem
    4/16/2026Contingent$1,475,000$733/sqft
    Source: CRMLS #PV26067733 Report a problem
    4/7/2026Listed for sale$1,475,000-1.7%$733/sqft
    Source: CRMLS #PV26067733 Report a problem
    7/20/2022Sold$1,500,000+3.4%$745/sqft
    Source: Public Record Report a problem
    7/14/2022Pending sale$1,450,000$720/sqft
    Source: CRMLS #PV22127565 Report a problem
    6/23/2022Contingent$1,450,000$720/sqft
    Source: CRMLS #PV22127565 Report a problem
    6/14/2022Listed for sale$1,450,000$720/sqft
    Source: CRMLS #PV22127565 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,321 +2.5%$1,560,600 +2%
    2024$18,846 +2.4%$1,530,000 +2%
    2023$18,412 +11.6%$1,500,000 +912.4%
    2022$16,504 +658.5%$148,166 +2%
    2021$2,176 -0.5%$145,262 +1%
    2020$2,187 $143,774 +2%
    2019$2,187 +8.9%$140,956 +2%
    2018$2,008 $138,193 +2%
    2017$2,008 +2%$135,484 +2%
    2016$1,969 +2.8%$132,828 +1.5%
    2015$1,916 -3.4%$130,834 +2%
    2014$1,983 $128,272 +2.5%
    2012-- $125,190 +2%
    2011-- $122,736 +0.8%
    2010-- $121,820 -0.2%
    2009-- $122,110 +2%
    2008-- $119,717 +2%
    2007-- $117,371 +2%
    2006-- $115,070
    2005-- $115,070 +4%
    2004-- $110,604 +1.9%
    2003-- $108,578 +2%
    2002-- $106,450 +4%
    2000-- $102,319

    Find assessor info on the county website

    Neighborhood: 90275

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,477,000
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    Estimated market value
    $1,477,000