Listing Agent: Gary Krill      Broker/Office: Compass
1947 Palacios Drive San Pedro CA 90732
$ 1,199,000
  3   |    1   |    2048 Sq Feet

Listing ID

#SB25106806

Status

Active

Property Type

Single Family Residence

Property Style

Mid-Century Modern

County

Los Angeles

Year Built

1962

Days on website

2

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
Financial Information
List Price:  $ 1199000
Property Features
Appliances:  Dishwasher, Disposal
Community Features:  Biking, Curbs, Fishing, Golf, Hiking
Direction Faces:  North
Fencing:  Wood
Flooring:  Carpet, Vinyl
Foundation Details:  Slab
Heating:  Central
High School District:  Los Angeles Unified
Laundry Features:  Inside
Levels:  Two
Parking Features:  Garage
Patio And Porch Features:  Deck
Property Condition:  Fixer
Roof:  Composition, Shingle
Senior Community YN:  false
Structure Type:  House
View:  Catalina, Ocean, Panoramic, Water
Water Source:  Public
High School District:  Los Angeles Unified
Senior Community YN:  false
MLS Area Major:  179 - South Shores
City:  San Pedro
Listed By:   Gary Krill   Compass 
CA Lic#