7022 Lofty Grove Drive
Rancho Palos Verdes, CA, 90275
(No pictures available yet)
$1,849,000
MLS: 26777747
Beds
3
Baths
2
Sq Ft
1,544
Lot
0.16 ac
Year Built
1962
MLS #
26777747
Days on Market
8
Listed
Apr 22, 2026
Description
Beautifully updated single-story home in the heart of Los Verdes area of Rancho Palos Verdes. With 3 bedrooms and 2 bathrooms, this home offers a great blend of comfort, style, and an easy, livable layout. As you walk in, you're greeted by a bright, open space. The living room gets tons of natural light from the French doors and newer dual-pane windows. The kitchen opens right up to the living and dining areas, making it easy to stay connected whether you're cooking or entertaining. It's been tastefully updated with modern finishes, newer cabinetry, updated countertops, and stainless steel appliances. The center island is a great bonus, perfect for casual meals, prepping, or just central gathering spot. Updated flooring run throughout the home and tie everything together with a clean, timeless look, complemented by updated finishes and thoughtful details throughout. Out back, you've got a private yard with fruit trees and open yard. The patio and trellis is a great feature for outdoor living, weekend get-togethers, or just enjoying some fresh air. The home also features a newer A/C system for added comfort, along with an attached two-car garage that offers plenty of space for parking and storage. All of this is set in a quiet, well-loved neighborhood close to parks, schools, and everyday conveniences. It's one of those homes that just feels right the moment you drive in seeing the ocean view as you arrive home.
Location
Rancho Palos Verdes, Los Angeles County, CA 90275
Open on Google Maps ↗Listed by: William Chiang · First Team Real Estate
Payment estimate
$13,449
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $184,900 · Loan: $1,664,100
- Principal & Interest
- $10,529
- Property tax (1.25%)
- $1,926
- Homeowners insurance
- $300
- Mortgage insurance
- $693
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 May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $64,715 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
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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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