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2302 S Gaffey Street

San Pedro, CA 90731

– beds
– baths
– sqft
5,001 sqft lot
1964 build
– on site

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.

Listed By CRMLS_CA / Frank Ponce / Coldwell Banker Realty / 310-503-4158

Last checked: Checking… • Last updated May 6, 2025 •

MLS# PV25099370 —

The Building

Year Built:

1964
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Asphalt, Concrete
Building Area Total:

4964.00
Building Area Units:

Square Feet
Total Number Of Units:

5
# of Buildings:

1
Architectural Style:

Contemporary
Roof:

Asphalt
Stories Total:

2
Entry Level:

1
Accessibility Features:

None
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

5
# of Separate Water Meters:

1
# of Separate Electric Meters:

5

Interior

Features:

Balcony
Levels:

Two
Entry Location:

1
Flooring:

Laminate
Room Type:

All Bedrooms Down, Kitchen, Living Room
Fireplace:

No
Fireplace:

None
Laundry:

Inside
Laundry:

1

Location

Directions:

Travelling South on 25th Street, make left on Gaffey Street
Latitude:

33.72309800
Longitude:

-118.29222000

The Property

Property Type:

Residential Income
Subtype:

Apartment
Property Condition:

Turnkey
Zoning:

LARD1.5
Lot Features:

0-1 Unit/Acre, Sloped Down
Lot Size Area:

5001.0000
Lot Size Acres:

0.1148
Lot Size SqFt:

5001.00
Lot Size Source:

Assessor
View:

1
View:

Harbor, Hills, Marina
Fencing:

Wrought Iron
Fence:

Yes
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

A
Tax Census Tract:

2972.01
Tax Tract:

1
Tax Lot:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7465007001
Showings Begin:

2025-05-05

Heating & Cooling

Heating:

1
Heating:

Wall Furnace

Utilities

Utilities:

Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

220 Volts
Water Source:

Public

Appliances

Appliances:

Gas Oven, Gas Range, Refrigerator
Included:

Yes

The Community

Features:

Biking, Curbs, Fishing, Hiking, Park, Watersports, Sidewalks, Storm Drains, Street Lights
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Garage - Single Door
Parking Spaces:

4.00
Garage Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/5/25 May 5, 2025	Listed / Active	CRMLS_CA	$2,600,000
10/12/23 Oct 12, 2023	Listed / Active	CRMLS_CA

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This multifamily located in Harbor, Los Angeles, CA 90731 is currently for sale for $2,600,000. 2302 S Gaffey Street is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 2302 S Gaffey Street is in the Harbor neighborhood of Los Angeles and has a WalkScore® of 74, making it very walkable.

Listing Courtesy of: CRMLS_CA and Coldwell Banker Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 23:32 on May 05.

This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.