$1,050,000
SOLD JUL 7, 2025

1947 Palacios Dr San Pedro, CA 90732

3 Beds
2 Baths
2,048 Sq Ft
5,006 Sq Ft Lot

Recently Sold

$513 Per Sq Ft

12% Below List Price

27 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Midcentury Modern Architecture
  • White Point Elementary School Rated 9+
  • Fishing
  • 3-minute walk to Martin J. Bogdanovich Recreation Center

About This Home

As of July 2025

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!!

Last Agent to Sell the Property

Gary Krill

Compass Brokerage Phone: 310-994-3922 License #01086159 Listed on: 05/14/2025

Compass

Last Buyer's Agent

Orly Godliman

Capital Assistance Group License #01384545

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 5,006 Sq Ft Lot
  • Wood Fence
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Catalina
  • Panoramic

Home Design

  • Midcentury Modern Architecture
  • Entry on the 2nd floor
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,048 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Additional Features

  • Patio
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 49
  • Tax Tract Number 23251
  • Assessor Parcel Number 7562024029
  • $556 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Fishing
  • Dog Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Mid Century Modern
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7562024029
  • Year Built: 1962
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2048.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Living Room Deck Attached
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Dining Room
  • Entry Level: 2
  • Fireplace Features: Living Room, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 512.70
  • Room Type: Kitchen, Living Room
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Catalina, Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Cooktop, Disposal, Range Hood
  • Heating Type: Central, Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Fishing, Golf, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5006.00
  • Lot Size Acres: 0.1149

Green Features

  • Certified 433a: Yes

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5006.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2974.00
  • Tax Lot: 49
  • Tax Tract Number: 23251
  • TaxOtherAnnualAssessmentAmount: 556.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2025
Closed on
Jun 26, 2025
Sold by
Steffen Christina A and Steffen Family Trust
Bought by
Na & A Investments Llc
Seller's Agent
Gary Krill
Compass
Buyer's Agent
Orly Godliman
Capital Assistance Group
List Price
$1,199,000
Sold Price
$1,050,000
Premium/Discount to List
-$149,000
-12.43%
Views
83
Current Estimated Value
$1,362,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,089
Avg. Annual Appreciation
60.50%

Purchase Details

Closed on
May 9, 2003
Sold by
Steffen Karl H and Steffen Edith W
Bought by
Steffen Karl H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,050,000 Fidelity National Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2025 07/07/25 Sold $1,050,000 -12.4% $513 / Sq Ft
06/10/2025 06/10/25 Pending -- -- --
06/03/2025 06/03/25 For Sale $1,199,000 +14.2% $585 / Sq Ft
05/30/2025 05/30/25 Off Market $1,050,000 -- --
05/27/2025 05/27/25 For Sale $1,199,000 +14.2% $585 / Sq Ft
05/27/2025 05/27/25 Off Market $1,050,000 -- --
05/21/2025 05/21/25 Off Market $1,050,000 -- --
05/14/2025 05/14/25 For Sale $1,199,000 -- $585 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,196 $146,302 $61,016 $85,286
2024 $2,196 $143,434 $59,820 $83,614
2023 $2,158 $140,623 $58,648 $81,975
2022 $2,070 $137,867 $57,499 $80,368
2021 $2,032 $135,165 $56,372 $78,793
2019 $1,976 $131,157 $54,700 $76,457
2018 $1,882 $128,586 $53,628 $74,958
2016 $1,775 $123,596 $51,547 $72,049
2015 $1,748 $121,740 $50,773 $70,967
2014 $1,755 $119,356 $49,779 $69,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25106806

California Regional Multiple Listing Service (CRMLS)

APN: 7562-024-029