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$1,050,000
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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!!
Full Property Details
Full Property Details for 1947 Palacios Dr
General
- Sold For: $1,050,000
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: SB25106806
- Added to Site: 253 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room, See Remarks
- Interior Features: Cathedral Ceiling(s), High Ceilings, Living Room Deck Attached
- Fireplace: Yes
- Fireplace(s): Living Room, Gas Starter
- Eating Areas: Area, Dining Room
- Appliances: Dishwasher, Double Oven, Electric Cooktop, Disposal, Range Hood
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, See Remarks
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Deck
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage
Location
- County: Los Angeles
- Driving Directions: 25th St to Anchovy Ave to Palacios Dr.
- Direction Faces: North
School Information
- School District: Los Angeles Unified
Community
- Community Features: Biking, Curbs, Dog Park, Fishing, Golf, Hiking
Heating & Cooling
- Cooling Type: None
- Heating Type: Central, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Mid Century Modern
- Structure Type: Single Family Residence
- Foundation: Slab
- Roof: Composition, Shingle
- Common Walls: No Common Walls
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,048
- Sq. Ft. Source: Assessor
- Year Built: 1962
- Year Built Source: Assessor
- Property Condition: Fixer
Lot Features
- Property View: Catalina, Ocean, Panoramic, Water
- Lot Size (Acres): 0.1149
- Lot Size Source: Assessor
- Zoning: LAR1
- Lot Description: Back Yard, Front Yard
- Fencing (Description): Wood
Financial Considerations
- Price Per Sq. Ft.: $512.7
Disclosures and Reports
- Special Conditions: Trust
Listed by Compass, Gary Krill
Sold by Capital Assistance Group, Orly Godliman
Get Pre-Approved Today
Schools
Schools serving 1947 Palacios Dr
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
South Shores/Csudh Visual And Performing Arts 2060 W. 35th St., Los Angeles, CA 90732 | 1-5 | 0.4 mi |
White Point Elementary School 1410 Silvius Ave., Los Angeles, CA 90731 | 1-5 | 1.1 mi |
Richard Henry Dana Middle School, Los Angeles, CA 1501 S. Cabrillo Ave., Los Angeles, CA 90731 | 7-8 | 1.5 mi |
San Pedro Senior High School 1001 W. 15th St., Los Angeles, CA 90731 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1947 Palacios Dr
Date
Details
Price
Change
Source
7/07/2025
Sold
$1,050,000
-12.43%
MLS
5/14/2025
Listed
$1,199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1947 Palacios Drive, San Pedro, CA 90732 (MLS# SB25106806) is a Single Family property that was sold at $1,050,000 on July 07, 2025. Want to learn more about 1947 Palacios Drive? Do you have questions about finding other Single Family real estate for sale in San Pedro? You can browse all San Pedro real estate or contact a Coldwell Banker agent to request more information.

