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2424 S GaffeySan Pedro, CA 90731

For Sale

$699,999

Smart Buyer Rebate $5,000

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.

Listed by Sam Weaver

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License #01821150

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Fortune Weavers Realty Inc.

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9494845114

Last updated March 14, 2026

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Source: CRMLS #OC26055155

Listing Facts

  • TypeCondo
  • NeighborhoodCoastal San Pedro
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu4
  • HOA/Maint. Fees$496/month
  • Size1,216 sqft
  • Price per sqft$576

Amenities

  • Dishwasher
  • Air Conditioning
  • Parking
  • Storage

Location

Mortgage Calculator

Listing History

03/13/2026
Listed by Fortune Weavers Realty Inc.
$699,999

Property Details for 2424 S Gaffey

Association

Amenities

  • Association Amenities: Storage
  • Community Features: Biking

Fees

  • Association Fee: $496.00 Monthly

General

  • Association Name: Mc Elroy Management Associates, Inc.
  • Number Of Units In Community: 18

Exterior

Construction

  • Number Of Units Total: 18
  • Property Attached: Yes
  • Stories Total: 3
  • Structure Type: Multi Family
  • Year Built: 1975
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Front

Features

  • View: Ocean, Water

Measurements

  • Lot Size Acres: 0.26
  • Lot Size Area: 11,669
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 11,669
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 7465008028

Interior

Features

  • Appliances: Dishwasher, Free-Standing Range, Gas Range, Trash Compactor
  • Flooring: Laminate, Vinyl
  • Interior Features: Breakfast Bar, Furnished, All Bedrooms Down

Measurements

  • Living Area: 1,216
  • Living Area Source: Assessor
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2

Other

Location

  • Tax Lot: 1

Parking

Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Assigned, Covered, Garage, Community Structure
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Leland

High School

  • High School: San Pedro
  • High School District: Los Angeles Unified

Middle or Junior School

  • Middle Or Junior School: Dana

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Common Area, See Remarks
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 2 bathrooms in this condo at 2424 S Gaffey.

What schools are nearby to 2424 S Gaffey?

Nearby schools include the Leland Elementary School, Dana Middle School, and San Pedro High School.

Does this condo have parking?

Yes, there are 2 parking spaces available for 2424 S Gaffey.

How does 2424 S Gaffey compare to other condos in Coastal San Pedro?

This condo is listed 29% above the average price for condos in Coastal San Pedro and has been on the market for 68 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is part of the Mc Elroy Management Associates, Inc. home owners association.

What is the square footage on this condo?

According to the MLS, this listing is 1,216 sqft.

2424 S Gaffey is a 2-bedroom, 2-bath condo for sale in San Pedro CA 90731. On Prevu for 4 days at $699,999. This home features 1,216 square feet of living space, located in Coastal San Pedro. The median listing price for condos in this area is $1,170,000. Nearby schools include Leland Elementary School, Dana Middle School, and San Pedro High School. Property amenities include dishwasher, air conditioning, storage, and parking. Browse more condo listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.