ActiveCondominium

2424 S Gaffey Street 101

San Pedro, CA, 90731

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$599,000

MLS: SB26007172

Beds

3

Baths

2

Sq Ft

1,382

Lot

0.27 ac

Year Built

1973

MLS #

SB26007172

Days on Market

97

Listed

Jan 12, 2026

Description

Centrally located in the charming seaport town of San Pedro, this end-unit coastal condo offers the perfect blend of comfort and convenience. Tucked away in a quiet corner of an intimate 18-unit complex, this home features 3 spacious bedrooms, 2 bathrooms, and nearly 1,400 sqft of thoughtfully designed living space ideal for both relaxing and entertaining. Wood-like flooring and abundant natural light highlight the open, airy layout. A dedicated dining area flows seamlessly into the sun-filled living room, where sliding glass doors open to a private balcony showcasing views of Downtown San Pedro and the Los Angeles Harbor. Down the hall, you’ll discover three light and bright bedrooms, with the primary suite positioned at the rear of the home for added privacy. The primary bedroom features an en-suite bathroom, linen cabinetry, and a full wall of deep closets providing ample storage. This home also features two side-by-side parking spaces and a bonus storage cabinet in the secure subterranean garage. Ideally situated near Downtown San Pedro, this home is close to some of the area’s most iconic landmarks, including Lookout Point Park, the Korean Friendship Bell, and Point Fermin Park—37 acres of coastal bluffs with scenic trails, picnic areas, a playground, and amphitheater. You’ll also love proximity to the newly revitalized LA Waterfront and the highly anticipated West Harbor development, set to debut in 2026, featuring premier dining, entertainment, marinas, beaches, and outdoor recreation. This is a rare opportunity to own in one of San Pedro’s most desirable neighborhoods, where historic charm meets modern coastal living and exciting future growth.

Location

San Pedro, Los Angeles County, CA 90731

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Listed by: Tiffany McGuinness · Estate Properties

Payment estimate

$4,461

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $59,900 · Loan: $539,100

%
Principal & Interest
$3,312
Property tax (1.25%)
$624
Homeowners insurance
$300
Mortgage insurance
$225
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this San Pedro home with as little as 3.5% down using an FHA loan — roughly $20,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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