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Listed by Gary Krill • Compass

$1,199,000

Est. payment - /mo

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3 Beds

2 Baths

2,048 SqFt

New

1947 Palacios Drive San Pedro, CA 90732

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Ryan Mills

ryan@ryanamills.com +1(805) 491-4611

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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 SB-25106806

Style Mid Century Modern

Bedrooms 3

Full Baths 1

Three Quarter Bath 1

Year Built 1962

Lot Size 5,006 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

Interior

Interior Features Cathedral Ceiling(s), High Ceilings, Living Room Deck Attached, Tile Counters

Heating Central, Forced Air

Cooling None

Flooring Vinyl, Carpet

Fireplaces Type Gas Starter, Living Room

Laundry See Remarks, Inside

Exterior

Garage Spaces 2.0

Pool None

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

View Y/N Yes

View Catalina, Ocean, Panoramic, Water

Building

Lot Description Front Yard, Back Yard

Sewer Public Sewer

Others

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Ryan Mills

REALTOR® | License ID: 01434392

+1(805) 491-4611

1947 Palacios Drive San Pedro, CA 90732

Ryan Mills

Key Details

Location

Interior

Exterior

Building

Others

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1947 Palacios Drive