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.
For sale
Listed by: Fortune Weavers Realty Inc. • Sam Weaver • Contact: 9494845114
Price cut: $11K (7/14)
$669,000
2424 S Gaffey St, San Pedro, CA 90731
2beds
1,216sqft
:
Get pre-qualified$4,960/mo
Condominium
Built in 1975
-- sqft lot
$664,900 Zestimate®
$550/sqft
$496/mo HOA
What's special
Professionally furnished condoModern flooringContemporary kitchen cabinetrySleek fixturesStylish finishes throughoutNewly renovatedUpgraded countertops
- 134 days |
- 221 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Sam Weaver DRE #01821150 9494845114,
Fortune Weavers Realty Inc.
Source: CRMLS,MLS#: OC26055155
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Jetted Tub, Tub Shower, Upgraded
Kitchen
- Features: Remodeled, Updated Kitchen
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Free-Standing Range, Gas Range, Trash Compactor
- Laundry: Common Area, See Remarks
Features
- Breakfast Bar, Furnished, All Bedrooms Down
- Flooring: Laminate, Vinyl
- Has fireplace: No
- Fireplace features: None
- Furnished: Yes
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 1,216 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Covered, Garage, Community Structure
- Attached garage spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Entry location: Front
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Ocean, Water
- Has water view: Yes
- Water view: Ocean,Water
Lot
- Size: 0.27 Acres
Details
- Parcel number: 7465008028
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking
HOA
- Has HOA: Yes
- Amenities included: Storage
- HOA fee: $496 monthly
- HOA name: McElroy Management Associates, Inc.
- HOA phone: 310-328-0722
Location
- Region: San Pedro
Financial & listing details
- Price per square foot: $550/sqft
- Tax assessed value: $588,970
- Annual tax amount: $7,171
- Date on market: 3/13/2026
- Cumulative days on market: 134 days
- Listing terms: Cash,Conventional,Cal Vet Loan,1031 Exchange,FHA,VA Loan
- Inclusions: Dishwasher, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Trash compactor
Estimated market value
$664,900
$632,000 - $698,000
$2,994/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $669,000-1.6%$550/sqft |
Source:  CRMLS #OC26055155 Report a problem | ||
| 6/19/2026 | Price change | $679,999-1.8%$559/sqft |
Source: CRMLS #OC26055155 Report a problem | ||
| 5/30/2026 | Price change | $692,499-1.1%$569/sqft |
Source: CRMLS #OC26055155 Report a problem | ||
| 3/13/2026 | Listed for sale | $699,999+26.1%$576/sqft |
Source: CRMLS #OC26055155 Report a problem | ||
| 1/19/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/27/2022 | Price change | $2,550-3.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/10/2022 | Price change | $2,650-3.6%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 11/1/2022 | Listed for rent | $2,750$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/3/2021 | Sold | $555,000+18.3%$456/sqft |
Source: Public Record Report a problem | ||
| 8/2/2018 | Sold | $469,000+25.1%$386/sqft |
Source: Public Record Report a problem | ||
| 5/12/2016 | Sold | $375,000-1.3%$308/sqft |
Source: Public Record Report a problem | ||
| 4/9/2016 | Pending sale | $379,990$312/sqft |
Source: Vista Sotheby's International Realty #PV16062380 Report a problem | ||
| 3/26/2016 | Price change | $379,9900%$312/sqft |
Source: Vista Sotheby's Int'l Realty #PV16062380 Report a problem | ||
| 1/9/2016 | Price change | $380,000-3.8%$313/sqft |
Source: Fred DiBernardo #SB15213630 Report a problem | ||
| 9/29/2015 | Listed for sale | $395,000+184.2%$325/sqft |
Source: Fred DiBernardo #SB15213630 Report a problem | ||
| 7/13/1999 | Sold | $139,000$114/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,171 +1.2% | $588,970 +2% |
| 2024 | $7,086 +2% | $577,422 +2% |
| 2023 | $6,949 +4.9% | $566,100 +2% |
| 2022 | $6,622 +13.7% | $555,000 +14.8% |
| 2021 | $5,823 -1% | $483,335 +1% |
| 2020 | $5,881 | $478,380 +2% |
| 2019 | $5,881 +24.8% | $469,000 +20.2% |
| 2018 | $4,712 | $390,149 +2% |
| 2017 | $4,712 +2.3% | $382,500 +112% |
| 2016 | $4,606 +112% | $180,458 +1.5% |
| 2015 | $2,173 +0.9% | $177,748 +2% |
| 2014 | $2,152 | $174,267 +2.5% |
| 2012 | -- | $170,079 +2% |
| 2011 | -- | $166,746 +0.8% |
| 2010 | -- | $165,501 -0.2% |
| 2009 | -- | $165,895 +2% |
| 2008 | -- | $162,643 +2% |
| 2007 | -- | $159,455 +2% |
| 2006 | -- | $156,329 |
| 2005 | -- | $156,329 +4% |
| 2004 | -- | $150,259 +1.9% |
| 2003 | -- | $147,506 +2% |
| 2002 | -- | $144,615 +4% |
| 2000 | -- | $139,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: San Pedro
Nearby schools
GreatSchools rating
- 6/10Leland Street Elementary SchoolGrades: K-5Distance: 0.5 mi
- 4/10Richard Henry Dana Middle SchoolGrades: 6-8Distance: 0.6 mi
- 7/10San Pedro Senior High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Leland
- Middle: Dana
- High: San Pedro
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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