2424 S Gaffey, San Pedro, CA 90731
2424 S Gaffey, San Pedro, CA 90731
2424 S Gaffey, San Pedro, CA 90731
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$699,999
Est. payment /mo
2 Beds
2 Baths
1,216 SqFt
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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,216 sqft

Price per Sqft $575

Subdivision Mcelroy Management Associates, Inc.

MLS Listing ID OC26055155

Bedrooms 2

Full Baths 2

HOA Fees $496/mo

HOA Y/N Yes

Year Built 1975

Lot Size 0.268 Acres

Property Sub-Type Condominium

Property Description

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.

Location

State CA

County Los Angeles

Area 185 - Plaza

Rooms

Main Level Bedrooms 2

Interior

Interior Features Breakfast Bar, Furnished, All Bedrooms Down

Heating Central

Cooling Central Air

Flooring Laminate, Vinyl

Fireplaces Type None

Inclusions Dishwasher, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Trash compactor

Fireplace No

Appliance Dishwasher, Free-Standing Range, Gas Range, Trash Compactor

Laundry Common Area, See Remarks

Exterior

Parking Features Assigned, Covered, Garage, Community Structure

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking

Amenities Available Storage

View Y/N Yes

View Ocean, Water

Total Parking Spaces 2

Private Pool No

Building

Dwelling Type Multi Family

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Schools

Elementary Schools Leland

Middle Schools Dana

High Schools San Pedro

School District Los Angeles Unified

Others

HOA Name McElroy Management Associates, Inc.

Senior Community No

Tax ID 7465008028

Acceptable Financing Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard


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Listed by Sam Weaver Fortune Weavers Realty Inc. 9494845114, DRE #01821150

Nearby Locations

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Home Base Realty

Home Base Realty

Broker | License ID: 93-1513373

+1(562) 581-5096

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2424 S Gaffey