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1947 Palacios Dr, San Pedro, CA 90732

Sale Price: $1,050,000
May 14, 20252,048 sqft3 beds2 baths
Listed by: Gary Krill
License #: 01086159
Phone #: 310-732-1202
Compass
Source:
CRMLS Logo
MLS #: SB25106806

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!!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,769

TurboHome Estimated Value

$1,091,800

$533 sqft

High Valuation
$1,146,390
$560/sqft
Normal Valuation
$1,091,800
$533/sqft
Low Valuation
$1,037,210
$506/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$533/sqft$1,091,800

Neighborhood: San Pedro

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Comparative Value

$1.05M

$1.07M

$1.10M

$1.20M

$1.30M

$1.43M

1947 Palacios Dr, San Pedro, CA 90732

Sale Price: $1,050,000

Selected Comparable

2507 Gunnell Ave, San Pedro, CA 90732

Sale Price: $1,070,000

Selected Comparable

2205 W 25th St 6, San Pedro, CA 90732

Sale Price: $1,100,000

Selected Comparable

1947 Palacios Dr, San Pedro, CA 90732

List Price: $1,199,000

Subject Property

1929 Cumbre Dr, San Pedro, CA 90732

Sale Price: $1,300,000

Selected Comparable

1915 Palacios Dr, San Pedro, CA 90732

Sale Price: $1,425,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1947 Palacios Dr, San Pedro, CA 90732

1947 Palacios Dr, San Pedro, CA 90732

List: $1,199,000

Listed: 5/14/2025

Area:2,048 sqft
Price/sqft:$585
Beds:3
Baths:2
Year Built:
Lot Size:5,006

Comparable Properties

COMPARABLE
Choose comps
1947 Palacios Dr, San Pedro, CA 90732

1947 Palacios Dr, San Pedro, CA 90732

Sale: $1,050,000

7/7/20250.00 mi

Area:2,048 sqft
Price/sqft:$513
Beds:3
Baths:2
Year Built:
Weight:23.1%
1929 Cumbre Dr, San Pedro, CA 90732

1929 Cumbre Dr, San Pedro, CA 90732

Sale: $1,300,000

7/16/20250.09 mi

Area:1,952 sqft
Price/sqft:$666
Beds:3
Baths:2
Year Built:
Weight:22.2%
2507 Gunnell Ave, San Pedro, CA 90732

2507 Gunnell Ave, San Pedro, CA 90732

Sale: $1,070,000

6/20/20250.27 mi

Area:1,624 sqft
Price/sqft:$659
Beds:3
Baths:2
Year Built:
Weight:19.2%
1915 Palacios Dr, San Pedro, CA 90732

1915 Palacios Dr, San Pedro, CA 90732

Sale: $1,425,000

1/22/20250.08 mi

Area:2,170 sqft
Price/sqft:$657
Beds:3
Baths:3
Year Built:
Weight:18.0%
2205 W 25th St 6, San Pedro, CA 90732

2205 W 25th St 6, San Pedro, CA 90732

Sale: $1,100,000

1/23/20250.29 mi

Area:1,919 sqft
Price/sqft:$573
Beds:3
Baths:3
Year Built:
Weight:17.5%

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