ActiveSingleFamilyResidence

26621 Basswood

Rancho Palos Verdes, CA, 90275

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$2,150,000

MLS: SB26048599

Beds

4

Baths

3

Sq Ft

1,935

Lot

0.30 ac

Year Built

1957

MLS #

SB26048599

Days on Market

47

Listed

Mar 5, 2026

Description

A home that captures all the reasons people move to Palos Verdes—stunning views, beautiful rolling hills, and peaceful surroundings. This unique property offers a rare sense of privacy. Step out your back door and, instead of a neighboring home, you’ll find a lush canyon with sweeping ocean views of the South Bay. The home has been basically rebuilt in recent years by a family in the trades, with pride in workmanship and no corners cut. The result is a truly turnkey property with major systems already updated. Families and entertainers alike will appreciate the bright, open great room featuring a fireplace and a custom professional-grade kitchen. Step outside to the expansive back porch and you may never want to leave—it's the perfect place to relax and take in the canyon, city, and ocean views. Step out front to take in beautiful city views and the charm of one of the most neighborly streets in the South Bay. A rare opportunity you won’t want to miss.

Location

Rancho Palos Verdes, Los Angeles County, CA 90275

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Listed by: Shane Falkenstein · Beach City Brokers

Payment estimate

$15,235

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $215,000 · Loan: $1,935,000

%
Principal & Interest
$11,889
Property tax (1.25%)
$2,240
Homeowners insurance
$300
Mortgage insurance
$806
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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 $75,250 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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