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$699,999
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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.
Full Property Details
Full Property Details for 2424 S Gaffey
General
- Price: $699,999
- HOA FEE: $496/month
- Status: Active
- Type: Condo
- Source: MRMLS
- MLS ID: OC26055155
- Updated: 3/14/2026
- Days on Market: 69 days
- Added to Site: 70 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Interior Features: Furnished
- Fireplace(s): None
- Eating Areas: Breakfast Counter/Bar
- Appliances: Trash Compactor, Free-Standing Range, Gas Range, Dishwasher
- Flooring: Vinyl, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Community, See Remarks
Additional Information
- Shared Amenities: Storage
- Pool Description: None
- Spa Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage, Assigned, Community Structure, Covered
Location
- County: Los Angeles
- Driving Directions: 110 Fwy ? Gaffey St South ? Property on right between 24th & 25th St.
School Information
- School District: Los Angeles Unified
- Elementary School: LELAND
- Middle School: DANA
- High School: SANPED
Community
- Community Features: Biking
- Assoc. Name: Vitco Properties
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condominium
- Common Walls: 2 Common Walls (or More)
- Entry Location: Front
- Stories/Levels: Three Or More
- Stories Description: Three Or More
- Square Feet: 1,216
- Sq. Ft. Source: Assessor
- Year Built: 1975
- Year Built Source: Public Records
Unit Information
- Units in Complex: 18
Lot Features
- Property View: Ocean, Water
- Lot Size (Acres): 0.2679
- Lot Size (Sq. Ft.): 11,669
- Lot Size Source: Assessor
Financial Considerations
- Price Per Sq. Ft.: $575.66
- Association Fee: $496
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
- Inclusions: Dishwasher, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Trash compactor
Listed by Fortune Weavers Realty Inc., Sam Weaver
Get Pre-Approved Today
Schools
Schools serving 2424 S Gaffey
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Leland Street Elementary School 2120 S. Leland St., Los Angeles, CA 90731 | K-6 | 0.5 mi |
Richard Henry Dana Middle School, Los Angeles, CA 1501 S. Cabrillo Ave., Los Angeles, CA 90731 | 7-8 | 0.6 mi |
San Pedro Senior High School 1001 W. 15th St., Los Angeles, CA 90731 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2424 S Gaffey
Date
Details
Price
Change
Source
3/13/2026
Listed
$699,999
70.73%
MLS
4/19/2021
Sold
$410,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2424 S Gaffey
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,399
3%
$443,794
4%
2023
$5,235
5%
$426,563
2%
2022
$4,988
84%
$418,200
89%
2021
$2,709
-1%
$221,323
1%
2020
$2,734
4%
$219,055
2%
2019
$2,627
—
$214,761
2%
2018
$2,614
2%
$210,551
2%
2017
$2,555
3%
$206,423
2%
2016
$2,492
1%
$202,377
2%
2015
$2,457
-1%
$199,338
2%
2014
$2,471
—
$195,435
—
2013
$2,471
—
$194,553
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2424 S Gaffey
2424 S Gaffey, San Pedro, CA 90731 (MLS# OC26055155) is a Condo property with 2 bedrooms and 2 full bathrooms. 2424 S Gaffey is currently listed for $699,999 and was received on March 13, 2026. Want to learn more about 2424 S Gaffey? Do you have questions about finding other Condo real estate for sale in San Pedro? You can browse all San Pedro real estate or contact a Coldwell Banker agent to request more information.

