26871 Basswood Avenue, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 3 bed, 2 bath
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Rancho Palos Verdes, California 90275
This Single Family Residence presents a High-Potential Investment Opportunity, listed at $1,495,000—positioned slightly above the $1,464,997 Fair Market Value. While the home maintains a Condition Rating of 4, its 8,250 sqft corner lot and location within the Palos Verdes Peninsula Unified School District—featuring 10/10 rated schools—provide significant long-term value. The property offers a blank canvas for modernization, making it an ideal project for Value-Add Investors or Owner-Occupants looking to customize a home in a premier, high-demand community.
3BR home in Rancho Palos Verdes. Large corner lot, top-rated PV schools, and renovation potential. Perfect for buyers seeking a prime location and value-add.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26871 Basswood Avenue Subject | $1,495,000* List Price | 3 | 2 | 1,737 | $843 | - |
A 27053 Freeport Rd. Sold | $1,525,000 | 3 | 2 | 1,586 | $962 | 0.2 mi |
B 6543 Monero Drive Sold | $1,480,000 | 3 | 2 | 1,684 | $879 | 1.0 mi |
C 26228 Birchfield Avenue Sold | $1,820,000 | 3 | 2 | 2,160 | $843 | 0.7 mi |
D 27415 Larchbluff Drive Sold | $1,650,000 | 5 | 3 | 2,225 | $742 | 0.7 mi |
E 26902 Basswood Active Under Contract | $1,535,000 List Price | 3 | 2 | 1,612 | $952 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, this property is significantly dated and appears to have had few major updates in recent decades. Interior photos show popcorn ceilings, older carpeting, and original-style woodwork. The listing description explicitly invites 'special touches,' confirming that while the home is functional and well-maintained, the kitchen, bathrooms, and likely the mechanical systems are past their prime and require modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8250, living area = 1737.
Elementary School: Rancho Vista Elementary School (10/10). Middle School: Palos Verdes Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property is situated within the award-winning Palos Verdes Unified School District and is within walking distance to top-rated Silver Spur Elementary and Peninsula High School.
The home likely requires significant cosmetic updates and modernization, as the listing indicates it is ready for new owners to put their own 'special touch' on it after decades of single-family ownership.
Built in 1958, the property may require capital investment to upgrade aging systems such as plumbing, electrical, or HVAC to meet modern efficiency and safety standards.
Nestled on a picturesque, tree-lined street, this one story cozy home featuring 3 spacious bedrooms, 2 baths and a bonus room in one of the most desirable neighborhoods in Rancho Palos Verdes. Situated on a large, sun filled corner lot, you can feel the love that has been in this home for many decades. This home is ready for it’s new owners to put their own special touch on it. The backyard is spacious, peaceful and serene and perfect for hosting outdoor parties with family and friends or just relaxing in privacy. It is also a part of the award winning Palos Verdes Unified School District and within walking distance to Silver Spur Elementary and Peninsula High School, and close to the Peninsula Shopping Center. Don’t miss out on the opportunity to own a home that is in one of Palos Verdes most sought-after communities!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 26% |
| Baths | 2.0 | 3.0 | 23% |
| Square foot | 1,737 | 2,458 | 10% |
| Lot Size | 8,250 | 11,324 | 22% |
| Price | $1.50M | $1.89M | 15% |
| Price per sq ft | $861 | $775 | 66% |
| Built year | 1958 | 1964 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 142 | 4% |
May 20, 2026
$1,495,000
Initial Listing