1947 Palacios Drive
San Pedro, CA, 90732
$1,199,000
3 Beds
2 Baths
2,048 SqFt
0.11 Acres
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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&#39'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&#39's nearly impossible to find in Southern California oceanfront communities. Don’t miss your chance to turn this view property into something extraordinary. HURRY!!

Property Details

Price:
$1,199,000
MLS #:
SB25106806
Status:
Active
Beds:
3
Baths:
2
Address:
1947 Palacios Drive
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
179southshores
City:
San Pedro
Listed Date:
May 14, 2025
State:
CA
Finished Sq Ft:
2,048
ZIP:
90732
Lot Size:
5,006 sqft / 0.11 acres (approx)
Year Built:
1962
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Schools

School District:
Los Angeles Unified

Interior

Appliances
Dishwasher, Double Oven, Electric Cooktop, Disposal, Range Hood
Cooling
None
Fireplace Features
Living Room, Gas Starter
Flooring
Carpet, Vinyl
Heating
Central, Forced Air
Interior Features
Cathedral Ceiling(s), High Ceilings, Living Room Deck Attached

Exterior

Community Features
Biking, Curbs, Dog Park, Fishing, Golf, Hiking
Fencing
Wood
Foundation Details
Slab
Garage Spaces
2.00
Lot Features
Back Yard, Front Yard
Parking Features
Garage
Parking Spots
2.00
Pool Features
None
Roof
Composition, Shingle
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
Catalina, Ocean, Panoramic, Water
Water Source
Public

Financial

Association Fee
0.00

Map

Community

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1947 Palacios Drive
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