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2424 South Gaffey Street, 102, San Pedro, CA 90731

$460K1bd · 1ba · 795 sqft
Lot 0 sqft•HOA $398.01/mo•Condominium•
Active
•72d on market•MLS# CV-26167165

Property Description

Here is your incredible opportunity to live by the ocean in San Pedro! Discover this charming 1-bedroom, 1-bath condominium nestled in one of San Pedro's most desirable oceanfront neighborhoods, Historic Point Fermin! This well-cared-for lower-level end unit offers the convenience of single-level living, so there are no stairs to climb! This property includes a private balcony with a relaxing peek-a-boo ocean view! 2424 S Gaffey is perfect for first-time buyers, a young couple, an older couple looking to downsize, or just a couple of best friends that are looking to stop paying rent and start building equity with an affordable coastal lifestyle. Located within a quiet and intimate 18-unit community, right around the corner from Point Fermin Park, the historic Point Fermin Lighthouse, Cabrillo Beach, Angel's Gate Park, and the world-famous Korean Friendship Bell. Spend your evenings enjoying spectacular Pacific Ocean sunsets, and scenic bluff-top walking paths, and easy access to neighboring South Bay beach communities. Whether you're looking for a primary residence, vacation home, or investment opportunity, this ocean-close condo offers incredible value in one of Southern California's fastest-growing coastal markets.

Features & Amenities

FeeBuilt 1975

Property Details

Land Type
Fee
Year Built
1975
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Cooling
None
View
Ocean, Water
Flooring
Vinyl, Tile
City
San Pedro
Zip Code
90731
County
Los Angeles
Listed byKALEO REAL ESTATE COMPANY, Jonathan Tomashefsky

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,326.01
Principal & Interest
Loan Amount
$368,000
Total Interest
$469,364
Total Payment Over 30 Years
$837,364
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

2424 South Gaffey Street, 102, San Pedro, CA 90731

San Pedro · Condominium

$460K
Affordable Tier
Beds
1
Baths
1
Sqft
795
Lot
11,665 sqft
Year
1975
$/Sqft
$579
Pool: No✓
View: water✓
Garage: 1-car✓

Listed 8.2% above the median closed sale of $425,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $460K· $579/sqft
Total list price
Closed comps
vs closed median $425K
+$35K (+8.2%)
Active comps
vs active median $394K
+$66K (+16.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $506
+$73 (+14.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2424 GaffeySan Pedro19751179511,669$502$399,0006796
1311 Grand AvenueSan Pedro19781180315,008$467$374,99913091
1311 GrandSan Pedro19781180315,008$491$394,00011690
322 Miraleste DriveSan Pedro197111771311,184$440$339,4006587
28006 WesternSan Pedro199011770116,079$630$485,0001382
Total: 5 · Average1.01.0788.493,789.6$506$398,479.878.2
Median795$394,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
785 19th StreetSan Pedro197809/10/2026115940$362,500$362,500$6101.003686
912 18th StreetSan Pedro198508/25/2026118414,501$445,000$425,000$5050.954585
2030 Cabrillo AvenueSan Pedro197405/13/20261161414,412$450,000$445,000$7250.996783
314 MiralesteSan Pedro197106/26/202611694311,184$330,000$325,000$4680.985081
1414 BrettSan Pedro198709/21/202611864176,108$429,000$429,000$4971.006681
Total: 5 · Average1.01.0721.4126,551.25$397,300$397,300$561—52.8
Median694$425,000$425,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.