2302 South Gaffey Street # 1 2302 South Gaffey Street # 1 San Pedro, California 90731 United States

Exceptional Investment Opportunity in San Pedros Thriving Rental Market-Nestled in the Point Fermin 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 MarketSan Pedros 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, Cafs, 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 areas proximity to major freeways, employment centers, and scenic coastal destinations makes this apartment complex an exceptional long-term investment.Why Invest Here?San Pedros charm, strong rental demand, and steady appreciation potential make this five-unit building an outstanding addition to any investors portfolio. Whether youre looking to expand your holdings or secure a lucrative rental property in a high-demand location, this is an opportunity you dont want to miss.

Listing Courtesy of Coldwell Banker Realty, Email/Phone : 310-503-4158