2302 S Gaffey Street #1

San Pedro, CA 90731

  • 0 Bed(s)
  • 0 Bath(s)
  • 4,964 Sqft
  • 5001
    Sqft(Lot)
$2,600,000

Description

Exceptional investment opportunity in san pedro’s thriving rental market-nestled in the point fermin neighborhood of san pedro, california, this meticulously maintained five-unit apartment building presents a rare and lucrative investment opportunity. located on gaffey street just south of 22nd, this property benefits from a strong rental demand in one of the most picturesque coastal communities in southern california.

property highlights

• five units total, including four spacious 2-bedroom, 1-bath apartments plus a permitted adu with certificate of occupancy.

• built in 1964, this classic apartment building has been carefully preserved and thoughtfully updated.

• all units are separately metered for gas and electricity, offering convenience and cost efficiency.

• stunning harbor views, creating an attractive living environment for tenants.

prime location & high demand rental market

san pedro’s rental market continues to thrive, offering investors steady income potential. this property is situated near key attractions such as:

• cabrillo marina – perfect for boaters and ocean lovers.

• cabrillo beach – a favorite spot for sun-seekers and outdoor enthusiasts.

• bustling local shops, cafés, and restaurants – vibrant coastal living in a growing community.

as san pedro undergoes ongoing redevelopment, including the exciting west harbor waterfront project, rental properties are becoming even more valuable. the area’s proximity to major freeways, employment centers, and scenic coastal destinations makes this apartment complex an exceptional long-term investment.

why invest here?

san pedro’s charm, strong rental demand, and steady appreciation potential make this five-unit building an outstanding addition to any investor’s portfolio. whether you’re looking to expand your holdings or secure a lucrative rental property in a high-demand location, this is an opportunity you don’t want to miss.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Contemporary

  • AD ID

    49626219

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Asphalt
    • Interior Features: Balcony,All Bedrooms Down
    • Property Appliances: Gas Oven,Gas Range,Refrigerator
    • Fireplace: None
    • Flooring: Laminate

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1964
    • Building Area Total: 4,964
    • Construction: Asphalt,Concrete
    • Roof: Asphalt

    Accessibility Features

    • None

    Pool Features

    • None

    Laundry Features

    • Inside

    Fencing

    • Wrought Iron

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1148
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 5001

  • Listing Price Information

    • Original List Price: 2,600,000
    • Listing Contract Date: 2025-05-03

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7465007001

  • Garage and Parking

    • Garage Description: Door-Single,Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 181 - Point Fermin
    • Postal Code Plus 4: 5841
    • Directions: Travelling South on 25th Street, make left on Gaffey Street
    • Zoning: LARD1.5
    • Source Property Type: Residential Income
    • Area: 181 - Point Fermin
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 61
    • Common Walls: 2+ Common Walls
    • Property Condition: Turnkey
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 05/24/2025 @ 13:21

  • MLS: PV25099370
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 4,964 sqft, 5,001 sized lot, and 4 parking. are nearby neighborhoods.