1947 Palacios Drive, San Pedro, CA 90732

$1,050,000
3
BD
2
BA
2,048
SqFt

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Sold Price
$1,050,000
List Price
$1,199,000
Closing Date
Jul 07, 2025
Status
CLOSED
MLS#
SB25106806
Year Built
1962
Bedrooms
3
Bathrooms
2
Living Sq. Ft
2,048
Lot Size
5,006
Acres
0.11
Lot Location
Back Yard, Front Yard
Days on Market
17
Property Type
Single Family Residential
Style
Mid-Century Modern
Property Sub Type
Single Family Residence
Stories
Two Levels

Property Description

Calling all flippers, contractors, and visionaries—this is your chance to unlock serious potential on one of South Shores’ most desirable streets. This cosmetic fixer offers breathtaking, unobstructed 180-degree views of the Pacific Ocean and Catalina Island from almost every room on the upper level. The home features a functional layout with a Mid-Century vibe and solid bones, ready for a creative transformation. The upper level includes a spacious living room with vaulted ceilings, a fireplace, and a full wall of glass showcasing panoramic coastal vistas. The galley-style kitchen, dining area, and breakfast nook also share in the stunning views, creating a light-filled main living space that feels expansive and open. Step outside onto the large upper terrace—ideal for entertaining or simply relaxing in the fresh ocean air. Downstairs, you’ll find two bedrooms, a full bath with laundry hookups, and a cozy family room with a second fireplace. The lower-level yard is private, low-maintenance, and offers a peaceful escape. The property also includes a two-car garage with direct access to the interior of the home, as well as multiple storage sheds, providing ample room for tools, gear, or additional storage needs. While updates are needed, the home’s layout and location provide a rare opportunity to add serious value and create something truly special. You’re just minutes from the coastal bluffs, White Point Nature Preserve, and Royal Palms State Beach—perfect for beachgoers, hikers, and nature lovers alike. Plus, luxury destinations like Trump National Golf Club and Terranea Resort are just a short drive away. Whether you're an investor looking for your next project or a buyer eager to craft your dream coastal retreat, this property delivers incredible potential at a price that's nearly impossible to find in Southern California oceanfront communities. Don’t miss your chance to turn this view property into something extraordinary. HURRY!!

Additional Information

Appliances
Double Oven, Dishwasher, Electric Cooktop, Disposal, Range Hood
Pool Description
None
Fireplace Description
Gas Starter, Living Room
Heat
Central, Forced Air
Cooling Description
None
View
Catalina, Ocean, Panoramic, Water
Patio
Deck
Roof
Composition, Shingle
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Los Angeles Unified
Interior Features
Cathedral Ceiling(s), Separate/Formal Dining Room, High Ceilings, Living Room Deck Attached
Attached Structure
Detached
Number Of Units Total
1

Listing courtesy of Listing Agent: Gary Krill (gary@sellnsp.com) from Listing Office: Compass.

Listing sold by Orly Godliman from Capital Assistance Group

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.