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San Pedro, CA

$669,000

2424 S Gaffey, San Pedro, CA
2
Beds
2
Baths
1,216
Sq Ft
1975
Built
123
Days listed

About this home

This newly renovated and professionally furnished condo is being offered with a reliable tenant already in place paying above-market rent, providing immediate income from day one. The unit has been thoughtfully upgraded with modern flooring, contemporary kitchen cabinetry, upgraded countertops, sleek fixtures, and stylish finishes throughout, creating a low-maintenance property that attracts strong tenant demand. Located in a high-demand rental corridor of San Pedro, the property is minutes from the Port of Los Angeles, Cabrillo Beach, Downtown San Pedro’s waterfront redevelopment, dining, shopping, and major freeways—all key drivers of consistent rental demand. This is an ideal opportunity for investors seeking stable cash flow, a turnkey rental property, or a 1031 exchange replacement asset in a coastal market with strong long-term appreciation potential. A rare chance to acquire a renovated, income-producing property with built-in revenue from day one.

Facts & features

Interior
Bedrooms
2
Bathrooms
2 full
Living area
1,216 sq ft
Interior features
Breakfast Bar, Furnished, All Bedrooms Down
Appliances
Dishwasher, Free Standing Range, Gas Range, Trash Compactor
Flooring
Laminate, Vinyl
Fireplace
None
Heating
Central
Cooling
Central Air
Laundry
Common Area, See Remarks
Levels
Three Or More
Spa
None
Exterior & lot
Lot size
0.268 acres (11,669 sq ft)
Pool
None
View
Ocean, Water
Year built
1975
Parking
Assigned, Covered, Garage, Community Structure
Parking spaces
2
Community
Area
185 - Plaza
County
Los Angeles
Community features
Biking
HOA fee
$496/mo
Listing details
Status
Active
Property type
Condominium
Days on market
123
Listed
2026-03-13
Original price
$699,999
Terms
Cash, Conventional, Cal Vet Loan, Exchange 1031, FHA, Va Loan
Parcel #
7465008028
MLS #
OC26055155
Listed by
Sam Weaver · Fortune Weavers Realty Inc.

Location

Price history

Listed
$699,999 · 2026-03-13
Price reduced
$669,000 (−$30,999)
Days on market
123
Current price
$669,000
Financing

Could this home be yours?

Estimated monthly payment
$4,197
$3,383 principal & interest · $814 taxes & insurance
$133,800
Estimate only
Loan $535,200

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Estimated value range nearby
$742,508$871,640

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

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Listing data provided by CRMLS

Listing courtesy of Fortune Weavers Realty Inc.. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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