2424 S Gaffey St, San Pedro, CA 90731 (MLS # OC26055155)

Price $699,999
Status Active
Beds 2
Baths 2 Baths
Home size 1,216 sqft
Lot Size 11,670 sqft
Days on Market 1
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 Type(s): Condo/Townhouse/Co-Op
Last Updated 3/13/2026 Year Built 1975
Community 185 - Plaza Garage Spaces 2.0
County Los Angeles

SCHOOLS

Elementary School Leland
Jr. High School Dana
High School San Pedro

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Free-Standing Range, Gas Range, Trash Compactor
AREA 185 - Plaza
GARAGE Attached Garage, Yes
HEAT Central
HOA DUES 496|Monthly
INTERIOR Breakfast Bar
LOT 0.2679 acre(s)
LOT DIMENSIONS 11669
PARKING Attached, Assigned, Covered, Garage, Community Structure
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 3+
VIEW Yes
VIEW DESCRIPTION Ocean, Water
WATER Public

Location

Listed with Fortune Weavers Realty Inc.

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