2424 S Gaffey

  • $699,999
San Pedro, California

Overview

  • Residential
  • Property Type
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Garages
  • 1216
  • Sqft
  • 653201
  • Property ID

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.

Details

Updated on March 26, 2026 at 3:30 pm
Listed by Sam Weaver, Fortune Weavers Realty Inc.
  • Property ID: 653201
  • Price: $699,999
  • Property Size: 1216 Sqft
  • Land Area: 11669 Square Feet
  • Bedrooms: 2
  • Bathrooms: 2
  • Garages: 2
  • Year Built: 1975
  • Property Type: Residential
  • Property Status: Active

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