#SB24202185, L'mar Kojani, Listing Office: Keller Williams South Bay

2115 S Gaffey St San Pedro, CA 90731
Property details
About 2115 S Gaffey St
7 units total on Gaffey just South of 21st st in the Vista Del Oro neighborhood of San Pedro. The 6 unit original 1929 apartment building, all 1 bedroom-1 bathrooms includes 2,808 sqft of living space, and the new studio ADU first rented out in July of 2024 is 338 sqft. The 5,851 sqft lot spans from Gaffey to a rear alley and there are 4 single car garages with alley access. The building is well priced on current income at 11.0X GRM, with ~20% upside in rents, to a market GRM of 9.1X. The current cap rate is 5.4% with upside to 7.0%. There are two duplexes up front, with two additional units above the rear garages and ADU, for a total of 3 separate buildings. The two larger 1 bed units above the garages have harbor views. The units are separately metered for gas and electricity. The property is located 1 mile from Cabrillo Beach, 1/2 mile from the Cabrillo way Marina and the $170-million West Harbor ongoing development of restaurants, shops, and brand new amphitheater. The building is also conveniently less than 2 miles from the 110 freeway offering timely access to all that the rest of Los Angeles has to offer. Per Costar 55% of the households within 5 miles are Renters, and the average household income within 5 miles is $108,000.
Highlights
Summary
- Appliances: Gas Oven, Gas Range
- Flooring Type: Tile, Vinyl, Wood
- Fireplace: None
- Garage Space: 4 spaces
- Private Pool: No
- Parking: Garage Faces Rear
- View: Marina
- Architectural Style: Bungalow
- Heating: Heat Pump, Wall Furnace
- Cooling: None
- List Price: $1,350,000
- Annual Tax Amount: $15,359
- Tax Year: 2024
- Lot: Rectangular Lot
- Directions: West Side of Gaffey, just South of 21st St.
- Year Built: 1929
- Stories: 2
- Lot Size: 0.1343 Acres
- MLS Number: SB25064344
- MLS Name: CRMLS
- Office Name: Buckingham Investments, Inc
- Office Phone: (310) 867-1183
- Listing Agent: Josh Ess
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,350,000
2115 S Gaffey St
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 30, 2020 | Home Sold | $1,125,000 |
Oct 10, 2014 | Home Sold | $825,000 |
Mar 14, 2008 | Home Sold | $595,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,206,225 | $15,359 |
2023 | $1,182,574 | $15,072 |
2022 | $1,159,387 | $14,394 |
2021 | $1,136,655 | $14,218 |
2020 | $906,619 | $11,304 |
2019 | $888,843 | $11,209 |
2018 | $871,416 | $10,929 |
2017 | $854,331 | $10,929 |
History based on county public records data.
Nearby schools
5
Leland Street Elementary
Public District KG-6
0.5 mi
•2120 S Leland St
3
15th Street Elementary School
Public District KG-5
0.5 mi
•1527 S Mesa St
6
Point Fermin Elementary School
Public District KG-5
0.7 mi
•3333 S Kerckhoff Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,940. The most common annual income of people living in San Pedro, CA is less than $<35k. Most families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 2115 S Gaffey St
The listing price of 2115 S Gaffey St property is $1,350,000.
The property 2115 S Gaffey St is a condo located in San Pedro, California, 90731.
Active Listing: 2115 S Gaffey St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2115 S Gaffey St are: Leland Street Elementary (GreatSchools Rating 5/10), 15th Street Elementary School (GreatSchools Rating 3/10), Point Fermin Elementary School (GreatSchools Rating 6/10), Dana Middle School (GreatSchools Rating 4/10), Miraleste Intermediate School (GreatSchools Rating 9/10), Dodson Middle School (GreatSchools Rating 8/10), San Pedro High School (GreatSchools Rating 6/10), Angel's Gate (Continuation) (GreatSchools Rating 1/10), Port of los Angeles High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $15,359 (source: MLS/based on county public records data).
The last sale was on April 30, 2020 for $1,125,000 (source: MLS/tax record).
The property at 2115 S Gaffey St has 0 bathroom.
The year of construction for 2115 S Gaffey St is 1929.
This home is located at 2115 S Gaffey St in San Pedro, CA and zip code 90731 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $1,350,000.
San Pedro, CA housing market in April 2025 saw over 395 listings sold above listed price, more than 148 sold at listed price and over 328 sold below. Between March and April 2025, San Pedro, CA real estate market has seen increase in the number of listings by 10.2%. While the average time on the market in April 2025 was 36 days, the median list price was $896,516.