Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

1808 Velez Drive

Rancho Palos Verdes, CA, 90275

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$1,978,000

MLS: SB26016818

Beds

5

Baths

4

Sq Ft

3,442

Lot

0.17 ac

Year Built

1958

MLS #

SB26016818

Days on Market

72

Listed

Jan 23, 2026

Description

This extensively upgraded home blends modern efficiency, comfort, and cutting-edge technology. featuring: TESLA SOLAR ROOF WITH POWERWALL — WHOLE-HOUSE BATTERY BACKUP FOR COMPLETE ENERGY INDEPENDENCE AND SEAMLESS, UNINTERRUPTED POWER! ?????. PAID FOR AND NO COST TO NEW OWNER! The exterior features 40K Cool-Wall paint for efficiency and curb appeal, while inside, two new A/C systems, upgraded insulation, radiant barriers, and whole-house extractor fans keep the home cool and efficient. Smart home integration controls everything from locks and garage doors to lighting and sprinklers, with all switches upgraded to Wi-Fi/manual models. Bathrooms feature luxury touches like LED mirrors and bidets, complemented by a tankless water heater for endless hot water. Additional highlights include a Tesla charger, extensive Cat 6 wiring, hardwired Wi-Fi access points, and a professional-grade server rack with networking equipment and cameras. With its costly, thoughtful upgrades—many intended for long-term living—this home offers low utility bills, comfort, and future-ready living. Twin masters, one lower level and one main is perfect for the out of town quest. With 3,478 sq. ft., award-winning schools & South Bay access, this is modern California living at its best!

Location

Rancho Palos Verdes, Los Angeles County, CA 90275

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Listed by: Tom Royds · Redfin Corporation

Payment estimate

$14,040

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $197,800 · Loan: $1,780,200

%
Principal & Interest
$10,938
Property tax (1.25%)
$2,060
Homeowners insurance
$300
Mortgage insurance
$742
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Rancho Palos Verdes home with as little as 3.5% down using an FHA loan — roughly $69,230 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

See Rancho Palos Verdes, CA 90275 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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