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Rare opportunity to purchase a home just a block away from the ocean bluffs in San Pedro's desirable Palisades area. This charming cottage style home sits elevated above street level on a corner lot and offers views of the ocean and Paseo Del Mar palm trees from the living room, kitchen, den and master suite. They're not panoramic unobstructed views but it's enough so that you know the ocean is just steps away. Originally a 2 bedroom 1 bath home, the home has been expanded to include a master suite with 3/4 bath, den/office and lower level family room. 1940's character is still in place when you walk into the bright spacious living area that features a decorative fireplace with unique display niches. Formal dining room features a large window to enjoy tranquil views of the rear yard. Original hardwood floors are still in place throughout the living area, dining room, hall and front bedrooms. In addition to the 2055 sq ft of permitted living area there is also a spacious attached storage room that could be turned into a wine cellar, man cave or ? This is a unique chance to enjoy the oceanfront lifestyle and cool afternoon breezes that would cost you well over $1 million in the surrounding beach cities. The home needs work and the price reflects that. The area does support a much higher value so you can do the work and build equity at the same time.
Listing agent: Gary Krill DRE #01086159 gary@sellnsp.com, Listing office: Keller Williams Realty
MLS data updated 11/3/2026, 4:25:04 AM PT
Source: CRMLS, MLS #: SB19117616
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 15, 2019
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90731 · Nov 2026
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
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