1947 Palacios Drive, San Pedro, California 90732, San Pedro, 90732 - 3 bed, 2 bath

1947 Palacios Drive, San Pedro, California 90732 home-pic-0
ACTIVE$1,500,000
1947 Palacios Drive, San Pedro, California 90732
3Beds
2Baths
2,048Sqft
5,006Lot
Year Built
1962
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$732
HOA
-
Days on market
-
Sold On
-
MLS number
SR25226000
Home ConditionPoor
Features
Good View: Ocean
ViewOcean

About this home

Possibly Over-Priced:The estimated price is 22% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.50M(89th), sqft - 2048(75th), beds - 3(50th), baths - 2(50th).

Ocean view home, located in a desirable pocket of San Pedro.

Nearby schools

7/10
South Shores/Csudh Visual And Performing Arts
Public,K-50.5mi
4/10
Seventh Street Elementary School
Public,K-50.8mi
4/10
Richard Henry Dana Middle School
Public,6-81.5mi
6/10
San Pedro Senior High School
Public,9-121.3mi

Price History

Date
Event
Price
09/25/25
Listing
$1,500,000
07/07/25
Sold
$1,050,000
Condition Rating
Poor

The property was built in 1962, making it 62 years old. The listing description provides no information about any renovations or updates, and the single image provided is an exterior view of the ocean, offering no insight into the condition of the kitchen, bathrooms, appliances, flooring, or other interior features. Without any evidence of recent updates, a property of this age is highly likely to have original or very outdated systems and finishes, requiring substantial repairs and rehabilitation to meet modern standards and functionality. Therefore, a 'Poor' rating is assigned, assuming major components and aesthetics are significantly aged and require considerable investment.
Pros & Cons

Pros

Panoramic Ocean Views: The property boasts direct ocean views, a highly sought-after premium feature that significantly enhances its desirability and market value.
Prime San Pedro Location: Located in a 'desirable pocket of San Pedro' within the 'South Shores' area, known for its scenic beauty, community appeal, and strong market.
Generous Living Space: With 2048 sqft, the home offers comfortable and ample living areas for a 3-bedroom residence, accommodating various lifestyle needs.
Excellent Local Elementary School: Proximity to a highly-rated elementary school (South Shores/Csudh Visual And Performing Arts, rating 7) is a strong draw for families.
Single-Family Home Status: As a detached single-family residence, it offers privacy, autonomy, and the potential for property appreciation typically associated with this type of ownership.

Cons

Age of Construction: Built in 1962, the property may require significant updates to systems (e.g., plumbing, electrical, HVAC) and aesthetics to meet modern buyer expectations, implying potential additional investment.
Mixed School Ratings: While one elementary school is highly rated, other local schools (another elementary and middle school) have lower ratings, which could be a concern for families prioritizing top-tier education across all levels.
Average Lot Size: The 5006 sqft lot, while functional, is not exceptionally large for a property at this price point and location, potentially limiting extensive outdoor amenities or future expansion.

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