1947 Palacios DR, San Pedro, CA 90732 – SB25106806

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Michael Penny

michaelpennyhomes@gmail.com +1(619) 348-7431

$1,199,000

Est. payment - /mo

3 Beds

2 Baths

2,048 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,048 sqft

Price per Sqft $585

MLS Listing ID SB25106806

Bedrooms 3

Full Baths 1

Three Quarter Bath 1

Construction Status Fixer

HOA Y/N No

Year Built 1962

Lot Size 5,005 Sqft

Property Sub-Type Single Family Residence

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!!

Location

State CA

County Los Angeles

Area 179 - South Shores

Zoning LAR1

Rooms

Main Level Bedrooms 1

Interior

Interior Features Cathedral Ceiling(s), Separate/Formal Dining Room, High Ceilings, Living Room Deck Attached

Heating Central, Forced Air

Cooling None

Flooring Carpet, Vinyl

Fireplaces Type Gas Starter, Living Room

Fireplace Yes

Appliance Double Oven, Dishwasher, Electric Cooktop, Disposal, Range Hood

Laundry Inside, See Remarks

Exterior

Parking Features Garage

Garage Spaces 2.0

Garage Description 2.0

Fence Wood

Pool None

Community Features Biking, Curbs, Dog Park, Fishing, Golf, Hiking

View Y/N Yes

View Catalina, Ocean, Panoramic, Water

Roof Type Composition,Shingle

Porch Deck

Attached Garage Yes

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard, Front Yard

Dwelling Type House

Faces North

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Mid-Century Modern

Level or Stories Two

New Construction No

Construction Status Fixer

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 7562024029

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Trust

Virtual Tour https://view.ricoh360.com/415caf11-052b-428b-9f58-249adda36e28

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Listed by Gary Krill • Compass • 310-994-3922

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Michael Penny

+1(619) 348-7431

Team Leader | License ID: 02030332

Team Leader License ID: 02030332

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1947 Palacios DR San Pedro, CA 90732

Michael Penny

Key Details

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Interior

Exterior

Building

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1947 Palacios DR