Listed by: Carla Hoffman, Vista Sotheby’s International Realty
$1,425,000
●
House -
Off Market
1915 Palacios Dr
San Pedro, CA 90732
3 Beds
3 Baths,
1
Half Bath
2,170 Ft²
$4,911
Est. Monthly
About This Property
Welcome to this rare fixer opportunity in the highly desirable
South Shores neighborhood of San Pedro! This 3-bedroom,
2.5-bathroom home is brimming with potential, offering breathtaking
ocean views that stretch across the coastline. Bring your
imagination and vision to transform this property into your dream
coastal retreat. The spacious layout features generous living
areas, with large windows that invite abundant natural light and
showcase those incredible Pacific Ocean vistas. Ideally located
near Rancho Palos Verdes, Friendship Park, scenic hiking trails,
and a variety of local eateries and grocery stores, this property
combines convenience with natural beauty. Plus, you're just a short
drive from the luxurious Terranea Resort. With some TLC, this home
can be a true showstopper in one of San Pedro's most sought-after
communities. Don't miss your chance to enjoy sunsets and ocean
breezes in a dream location!
Unit Size
2,170 Ft²
Days on Market
85 days
Land Size
0.17 acres
Price per sqft
$461
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #SB24223204)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 22, 2025 | Sold | ||
| Sold | |||
| Nov 17, 2024 | In contract | - | |
| In contract | |||
| Oct 21, 2024 | Listed by Vista Sotheby’s International Realty | $999,999 | |
| Listed by Vista Sotheby’s International Realty | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Harbor
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Listed by: Carla Hoffman, Vista Sotheby’s International Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SB24223204
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SB24223204
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