2424 S Gaffey Street, San Pedro, California 90731, San Pedro, 90731 - 3 bed, 2 bath

2424 S Gaffey Street
San Pedro, California 90731
Property Price
SUMMARY
Analysis of 2424 S Gaffey Street, San Pedro, California 90731 is currently available with a list price of $699,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Pedro Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1973, has undergone significant interior updates that make it move-in ready. The kitchen features modern stainless steel appliances, updated light wood cabinetry, granite countertops, and recessed lighting. The bathrooms, particularly the primary en-suite, show very recent renovations with contemporary tile, frameless glass showers, and updated vanities and fixtures. Throughout the living areas and bedrooms, there is well-maintained wood-like flooring and updated ceiling fans. While the building itself is older, the unit's interior components have been extensively renovated within the last 5-15 years, with some elements appearing even more recent, aligning with the 'Good' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
- Exceptional Location & Future Growth Potential
Centrally located in a desirable San Pedro neighborhood, offering proximity to iconic landmarks, parks, and the significant upcoming LA Waterfront/West Harbor development (2026), promising future appreciation and enhanced lifestyle.
- Spacious & Well-Designed End-Unit
Nearly 1,400 sqft with 3 bedrooms and 2 bathrooms, this end-unit configuration provides enhanced privacy, abundant natural light, wood-like flooring, and a thoughtfully designed open layout.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1382, other record living area = 1216. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Building Age
Constructed in 1973, the property's age may suggest older infrastructure or potential for future maintenance/renovation needs within the complex.
- High Monthly Association Fees
The $539.18 monthly HOA fee is a substantial recurring cost that buyers must factor into their budget.
About 2424 S Gaffey Street
Centrally located in the charming seaport town of San Pedro, this end-unit coastal condo offers the perfect blend of comfort and convenience. Tucked away in a quiet corner of an intimate 18-unit complex, this home features 3 spacious bedrooms, 2 bathrooms, and nearly 1,400 sqft of thoughtfully designed living space ideal for both relaxing and entertaining. Wood-like flooring and abundant natural light highlight the open, airy layout. A dedicated dining area flows seamlessly into the sun-filled living room, where sliding glass doors open to a private balcony showcasing views of Downtown San Pedro and the Los Angeles Harbor. Down the hall, you’ll discover three light and bright bedrooms, with the primary suite positioned at the rear of the home for added privacy. The primary bedroom features an en-suite bathroom, linen cabinetry, and a full wall of deep closets providing ample storage. This home also features two side-by-side parking spaces and a bonus storage cabinet in the secure subterranean garage. Ideally situated near Downtown San Pedro, this home is close to some of the area’s most iconic landmarks, including Lookout Point Park, the Korean Friendship Bell, and Point Fermin Park—37 acres of coastal bluffs with scenic trails, picnic areas, a playground, and amphitheater. You’ll also love proximity to the newly revitalized LA Waterfront and the highly anticipated West Harbor development, set to debut in 2026, featuring premier dining, entertainment, marinas, beaches, and outdoor recreation. This is a rare opportunity to own in one of San Pedro’s most desirable neighborhoods, where historic charm meets modern coastal living and exciting future growth.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- 11,669 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $539.18 / Month
Neighborhood Insights
San Pedro Unified Schools
Leland Street Elementary School
Grades K-6 • 0.6 mi
Fifteenth Street Elementary School
Grades K-5 • 0.7 mi
White Point Elementary School
Grades K-6 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 64% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,382 | 1,286 | 59% |
| Lot Size | 11,669 | 12,048 | 50% |
| Price | $699.0K | $590.0K | 82% |
| Price per sq ft | $506 | $487 | 59% |
| Built year | 1973 | 1987 | 9% |
| HOA | $539.18 | $466 | 64% |
| Days on market | 53 | 191 | 5% |
Pricing History
Listed for Sale
Jan 12, 2026
$699,000
Initial Listing
Sold
Mar 11, 2004
$289,000
Public Record
Sold
Jan 30, 2004
$275,000
Public Record













