ActiveSingleFamilyResidence

26902 Basswood

Rancho Palos Verdes, CA, 90275

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$1,535,000

MLS: SB26082671

Beds

3

Baths

2

Sq Ft

1,612

Lot

0.17 ac

Year Built

1958

MLS #

SB26082671

Days on Market

5

Listed

Apr 16, 2026

Description

Looking for a well maintained family home on a quiet tree lined street? You just found one. And it is only two blocks from Palos Verdes Peninsula High School and about 1/2 mile from Silver Spur Elementary! This property has been meticulously cared for by its owners for almost 60 years and it shows! Beautiful landscaping welcomes you as you approach this wonderful home. An instant warm and cozy feeling rushes over you while standing on the elevated brick lined patio. Entering through a gorgeous front door, that feeling of family is unmistakable. The large living room complete with fireplace, upgraded windows and plantation shutters provide a wonderful place to gather with family and friends. While the plaster walls throughout the home provide excellent cooling in the summer time, there is also a mini split AC system for those few extra hot days. A large dining room to the right is conveniently located right off the large kitchen area. Sunroom? Yes, located off the living room and near the kitchen, this room provides the new owner with many options. And lets not forget about the back yard. Again beautifully landscaped, peaceful and serene, this yard is large enough to host outdoor parties, enjoy games with family and friends, or just sit and relax in privacy. Complete with 3 bedrooms and two baths, this home offers the new owner a fantastic opportunity to own in one the most highly sought after neighborhoods in Southern California.

Location

Rancho Palos Verdes, Los Angeles County, CA 90275

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Listed by: Don Butts · Scott Anastasi Realty, Inc.

Payment estimate

$10,963

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $153,500 · Loan: $1,381,500

%
Principal & Interest
$8,488
Property tax (1.25%)
$1,599
Homeowners insurance
$300
Mortgage insurance
$576
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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 $53,725 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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