$2,600,000

2302 S Gaffey St Unit 1 San Pedro, CA 90731

0.1 acres
Condo

Property details

About 2302 S Gaffey St Unit 1

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.

Highlights

Home typeCondominium
HeatingWall Furnace
StatusActive
Lot size0.1148 Acres
Year built1964
ParkingDoor-Single, Garage
MLS #PV25099370
Garage4 spaces
ViewHarbor, Hills, Marina

Summary

  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Flooring Type: Laminate
  • Interior: Balcony, All Bedrooms Down
  • Fireplace: None
  • Garage Space: 4 spaces
  • Private Pool: No
  • Parking: Door-Single, Garage
  • View: Harbor, Hills, Marina
  • Architectural Style: Contemporary
  • Heating: Wall Furnace
  • List Price: $2,600,000
  • Lot: Sloped Down
  • Directions: Travelling South on 25th Street, make left on Gaffey Street
  • Year Built: 1964
  • Stories: 2
  • Lot Size: 0.1148 Acres
  • MLS Number: PV25099370
  • MLS Name: CRMLS
  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 503-4158
  • Listing Agent: Frank Ponce

IDX 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: 5/7/2025, 1:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of home's exterior with stairway, a balcony, stucco siding, and crawl space

$2,600,000

2302 S Gaffey St Unit 1

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Price information

Property sales

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Tax history

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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

0.6 mi

1527 S Mesa St

6

Point Fermin Elementary School

Public District KG-5

0.6 mi

3333 S Kerckhoff Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,232. The majority of San Pedro, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

27%
<35k
60%
35k-100k
5%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

54%
Single, No Kids
17%
Single, with Kids
16%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
25%
18-34 yrs old
43%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • IKEAIKEA
  • H&MH&M

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • QuiznosQuiznos
  • ChipotleChipotle

What do the neighbors drive?

  • ToyotaToyota
  • LexusLexus
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • JazzJazz
  • Soft Adult ContemporarySoft Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2302 S Gaffey St Unit 1

The listing price of 2302 S Gaffey St Unit 1 property is $2,600,000.

The property 2302 S Gaffey St Unit 1 is a condo located in San Pedro, California, 90731.

Active Listing: 2302 S Gaffey St Unit 1 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2302 S Gaffey St Unit 1 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).

The property at 2302 S Gaffey St Unit 1 has 0 bathroom.

The year of construction for 2302 S Gaffey St Unit 1 is 1964.

This home is located at 2302 S Gaffey St Unit 1 in San Pedro, CA and zip code 90731 in the Point Fermin neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $2,600,000.

Over 395 listings were sold over their listed price in April 2025 in San Pedro, CA. In the same period over 328 listings were sold below the listed price and 148 listings were sold for the listed price. The number of homes for sale in San Pedro, CA increased by 10.2% between March and April 2025. While the average time on the market in April 2025 was 36 days, the median list price was $896,516.

From Rocket Homes Real Estate and based on county public records data.

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