1947 Palacios Drive, San Pedro, California 90732, San Pedro, 90732 - 4 bed, 4 bath
ACTIVE$1,500,000
1947 Palacios Drive, San Pedro, California 90732
4Beds
4Baths
2,515Sqft
5,006Lot
Year Built
1962
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$596
HOA
-
Days on market
-
Sold On
-
MLS number
SR25226394
Home ConditionPoor
Features
Good View: Ocean
ViewOcean
About this home
Possibly Over-Priced:The estimated price is 15% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.50M(89th), sqft - 2515(89th), beds - 4(76th), baths - 4(90th).
Ocean view home, located in a desirable pocket of San Pedro.
Nearby schools
7/10
South Shores/Csudh Visual And Performing Arts
Public,•K-5•0.5mi
4/10
Seventh Street Elementary School
Public,•K-5•0.8mi
4/10
Richard Henry Dana Middle School
Public,•6-8•1.5mi
6/10
San Pedro Senior High School
Public,•9-12•1.3mi
Price History
Date
Event
Price
09/26/25
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 provides no information or images regarding interior renovations, kitchen appliances, bathroom conditions, flooring, or other critical components. The sole image provided is an exterior ocean view, offering no insight into the property's physical state. Given its age and the complete lack of any mentioned updates, it is highly probable that the home requires substantial repairs and rehabilitation, particularly for its kitchen and bathrooms, which are likely original or very outdated. Major systems would also be at or beyond their expected lifespan, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Ocean Views: The property boasts direct ocean views, a highly sought-after amenity that significantly enhances its appeal and potential value.
Desirable Location: Situated in a 'desirable pocket of San Pedro,' indicating a prime and attractive neighborhood with potential for strong community and amenities.
Spacious Living: With 4 bedrooms, 4 bathrooms, and 2515 sqft, the home offers ample living space suitable for families or those desiring generous room sizes.
Highly-Rated Elementary School: Proximity to South Shores/Csudh Visual And Performing Arts, a highly-rated elementary school (rating 7) just 0.47 miles away, is a strong draw for families.
Generous Lot Size: The 5006 sqft lot provides substantial outdoor space for landscaping, recreation, or potential expansion, a valuable asset in urban areas.
Cons
Property Age: Built in 1962, the home's age suggests that major systems (plumbing, electrical, HVAC) or finishes may be original or dated, potentially requiring significant updates.
Potential Overpricing: The listing price is 16% above the estimated property value, which could make it challenging to attract buyers at the current price point without strong justification.
Mixed School Ratings: While one elementary school is highly rated, other nearby schools (Seventh Street Elementary and Richard Henry Dana Middle School) have lower ratings (4), which might be a concern for some families.