$10,000 Closing Credit¹
#SB24202185, L'mar Kojani, Listing Office: Keller Williams South Bay
#SB25064344·
Listing office: Buckingham Investments, Inc·
Listing agent: Josh Ess·
Listing office phone: 310-867-1183
$1,400,000 List price
2115 S Gaffey St San Pedro, CA 90731
$10,000
Closing credit¹
0.1 acres
Condo
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 11.4X GRM, with ~20% upside in rents, to a market GRM of 9.4X. The current cap rate is 5.1% with upside to 6.7%. 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
Home typeCondominium
HeatingHeat Pump, Wall Furnace
StatusActive
Lot size0.1343 Acres
Year built1929
ParkingGarage Faces Rear
MLS #SB25064344
Garage4 spaces
ViewMarina
Summary
- 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: 4/13/2025, 7:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,400,000
2115 S Gaffey St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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 majority of San Pedro, CA residents have income less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
55%
<35k
30%
35k-100k
10%
100k-200k
5%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
41%
Single, No Kids
23%
Single, with Kids
15%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
10%
12-17 yrs old
26%
18-34 yrs old
39%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Popeyes
Boston Market
White Castle
What do the neighbors drive?
Nissan
Honda
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2115 S Gaffey St
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 $1,400,000.
Over 302 listings were sold over their listed price in March 2025 in San Pedro, CA. In the same period over 322 listings were sold below the listed price and 116 listings were sold for the listed price. The number of homes for sale in San Pedro, CA increased by 13.7% between February and March 2025. In March 2025 median list price was $940,937 and the average listing age was 39 days.
From Rocket Homes Real Estate and based on county public records data.