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2424 S GaffeySan Pedro, CA 90731

Condo/Townhouse · 2 Beds · 2 Full Baths · 1,216 Sq. ft. | 0.27 Acres
$679,999 Active

2424 S Gaffey Overview

Time on Site:
108 days
Visits:
0

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.

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2424 S Gaffey Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,216
  • Price/Sq.ft. $559
  • Lot 0.27 Acres

Details

General

Association/HOA

  • Association Amenities: Storage
  • Association Fee: 496.0
  • Association Fee Frequency: Monthly
  • Association Name: McElroy Management Associates, Inc.
  • Association: Yes
  • Common Interest: Condominium

School Information

  • School District: Los Angeles Unified
  • Elementary School: Leland
  • Middle Or Junior School: Dana
  • High School: San Pedro

Building Information

  • New Construction: No
  • Year Built: 1975

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: 185 - Plaza
  • Postal City: SAN PEDRO

Community/Development

  • Community Features: Biking
  • Number Of Units In Community: 18

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Inclusions: Dishwasher, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Trash compactor
  • Listing Terms: Cash,Conventional,Cal Vet Loan,1031 Exchange,FHA,VA Loan
  • Parcel Number: 7465008028
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 2

General Information

  • Appliances: Dishwasher,Free-Standing Range,Gas Range,Trash Compactor
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Front
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate,Vinyl
  • Interior Features: Breakfast Bar,Furnished,All Bedrooms Down
  • Laundry Features: Common Area,See Remarks
  • Levels: Three Or More
  • Living Area: 1216.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Spa Features: None
  • Spa: No
  • Stories Total: 3

Exterior

Parking Information

  • Parking Features: Assigned,Covered,Garage,Community Structure
  • Parking Total: 2.0

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.2679
  • Lot Size Area: 11669.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 11669.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Attached Garage: Yes
    • Property Attached: Yes
    • Structure Type: Multi Family

    General Information

    • Number Of Units Total: 18
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer

    2424 S Gaffey Neighborhood

    Community

    90731 (SAN PEDRO) Demographics

    38
    Median Age
    3,887
    Population Density (per sq. mile)
    32%
    College Educated
    $56,881
    Estimated Median Income
    7,598
    Estimated Total Home Owners
    15,245
    Estimated Total Renters
    33% / 67%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    2424 S Gaffey Monthly Cost

    $
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    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    2424 S Gaffey Market Data

    Based on the last 30 days in this zip code

    $849,251
    Average List Price
    $552
    Average Price per Square Foot
    15
    Properties Sold
    64
    Average Days on Market
    177
    Properties for Sale
    Calculations provided by Reliance Network

    2424 S Gaffey History

    Date Event Value Agent
    6/19/2026Source: CRMLS Price Reduction
    $679,999 -1.8%
    5/30/2026Source: CRMLS Price Reduction
    $692,499 -1.1%
    3/13/2026Source: CRMLS Added to Database
    March 13, 2026
    Listing provided courtesy of Fortune Weavers Realty Inc.Sam Weaver- MLS# OC26055155MLS ProviderContact Information: 562-761-2721