2424 S Gaffey
San Pedro, CA, 90731
$699,999
2 Beds
2 Baths
1,216 SqFt
0.27 Acres
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MLS #OC26055155 image #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.

Property Details

Price:
$699,999
MLS #:
OC26055155
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Neighborhood:
185plaza
Listed Date:
Mar 14, 2026
Finished Sq Ft:
1,216
Lot Size:
11,669 sqft / 0.27 acres (approx)
Year Built:
1975
185 – Plaza185plazaLos Angeles UnifiedLelandDanaSan PedroWater

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Schools

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

Interior

Appliances
DW, TC, GR, FSR
Bathrooms
2 Full Bathrooms
Cooling
CA
Flooring
LAM, VINY
Heating
CF
Interior Features
FU
Laundry Features
CM, SEE
Levels
C
Main Level Bathrooms
2
Main Level Bedrooms
2

Exterior

Attached Garage YN
1
Common Walls
_2CW
Community Features
BIKI
Garage Spaces
2
Parking Spots
2
Parking Total
2
Spa Features
NO
View
OC, WA

Financial

HOA Fee
$496
HOA Fee Frequency
MO

Map

Community

Market Summary

Current real estate data for Condo in San Pedro as of Apr 18, 2026
51
Condo Listed
60
Avg DOM
494
Avg $ / SqFt
$558,233
Avg List Price

Property Summary

    2424 S Gaffey San Pedro CA is a Condo for sale in San Pedro, CA, 90731. It is listed for $699,999 and features 2 beds, 2 baths, and has approximately 1,216 square feet of living space, and was originally constructed in 1975. The current price per square foot is $576. The average price per square foot for Condo listings in San Pedro is $494. The average listing price for Condo in San Pedro is $558,233.

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2424 S Gaffey
San Pedro, CA