2424 S Gaffey
Property Overview
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.
Home Details
- Property type
- Residential - Condominium
- Year built
- 1975
- Living area
- 1,216 sq ft
- Lot size
- 11,669 sq ft
- Parking
- 2 spaces
- Garage
- 2 spaces
- Stories
- 3
- Days on market
- 123
- Full bathrooms
- 2
- MLS status
- Active
Features & Amenities
Interior
- Breakfast Bar
- Furnished
- All Bedrooms Down
Appliances
- Dishwasher
- Free Standing Range
- Gas Range
- Trash Compactor
Parking
- Assigned
- Covered
- Garage
- Community Structure
Pool
- None
Community, Schools & Utilities
Community
- Association
- McElroy Management Associates, Inc.
- HOA fee
- $496 monthly
- View
- Ocean,Water
Schools
- School district
- Los Angeles Unified
- Elementary school
- Leland
- Middle school
- Dana
- High school
- San Pedro
Utilities
- Heating
- Central
- Cooling
- CentralAir
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 2424 S Gaffey
Property type: Residential
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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