Millman Team Real Estate

$699,999
2 Bed
2 Bath
1,216 Sqft
0.27 Acre Lot

2424 S Gaffey, San Pedro, California 90731

  • Residential Property Type
  • 1,216 Sqft Square Footage
  • Garage Cars Garage
  • 1975 Year Built
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.

Basic Details
Residential
For Sale
OC26055155
$699,999
Ocean, Water
2
2
1,216 Sqft
1975
0.27 Acre
Active
2
1
Condominium
Features
: None
: Central
: Central Air
: None
: Garage, Covered, Assigned, Community Structure
: Laminate, Vinyl
: All Bedrooms Down, Breakfast Bar, Furnished
: See Remarks, Common Area
: Public Sewer
$0
Appliances
: Dishwasher, Gas Range, Free-Standing Range, Trash Compactor
Address Map
CA
Los Angeles
San Pedro
90731
Gaffey
2424
W119° 42' 28.4''
N33° 43' 18.8''
110 Fwy ? Gaffey St South ? Property on right between 24th & 25th St.
185 - Plaza
S
Neighborhood
Leland
San Pedro
Los Angeles Unified
Dana
Additional Information
$0
$0
$0
$0
$0
Storage
1
: Biking
1
2.0
: Three Or More
18
2026-03-13
3
: Public
Broker/Agent Information
Fortune Weavers Realty Inc.
Sam Weaver
Financial
496.0
Monthly
1
Listing Information
SWEAVSAM
J00996
Cash,Conventional,Cal Vet Loan,1031 Exchange,FHA,VA Loan
Active
2026-03-14T13:30:08Z
CRMLS
: Standard
2026-03-13T14:05:24Z
Agent info
Ray Millman
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