2302 S Gaffey Street 1 San Pedro, CA 90731
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Frank Ponce / Jane Angel - Contact:  310-503-4158

  2302 S Gaffey Street 1 San Pedro, CA 90731

Active (2 Days)
$2,600,000

Description

Exceptional Investment Opportunity in San Pedro’s Thriving Rental Market-Nestled in the highly desirable Vista Del Oro 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.

MLS #:
PV25099370
Lot Size
5,001 SQFT
Type
Multifamily
Year Built
1964
Style
Contemporary
Views
Harbor, Hills, Marina
County
Los Angeles County

Listed By

Frank Ponce, DRE #00861049 CA, Coldwell Banker Realty, Contact: 310-503-4158
Jane Angel, DRE #01272591 CA, Coldwell Banker Realty
Source
CRMLS
Last checked May 7 2025 at 9:42 PM GMT+0000
Bathroom Details
Interior Features
  • All Bedrooms Down
  • Balcony
  • Laundry: Inside
  • Gas Oven
  • Gas Range
  • Refrigerator
Lot Information
  • Sloped Down
Heating and Cooling
  • Wall Furnace
Flooring
  • Laminate
Exterior Features
  • Roof: Asphalt
Utility Information
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Water Source: Public
  • Sewer: Public Sewer
Parking
  • Door-Single
  • Garage
Stories
  • 2
Additional Information: Palos Verdes Beach Cities | 310-503-4158
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.