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1825 S Gaffey Street, San Pedro, CA 90731

Property · 2 recorded sales since 2021

1825 S Gaffey Street, San Pedro, CA 90731 Sold June 2024 CRMLS
$1,875,000Sold June 2024

Listing Agent: Suminda Sellahewa (DRE #01155576) · Listing Office: Avarnka Real Estate, Inc. · Contact: 310-621-1563 · Bought with: Todd Stein · Campbell Wellman Properties · MLS #23341551 · Source: CRMLS

12
Bedrooms
15
Bathrooms
5,352
Sq Ft
4,502 sqft
Lot Size
2023
Year Built
Property
Type
3
Garage
CentralAir
Cooling
Central
Heating
Harbor, Ocean, PeekABoo
View

About this property

Probably the cheapest brand new building in San Pedro with an expected CAP rate of 5.90. This is a brand new building just completed construction in December 2023. This is a non rent controlled building. It is rare to find similar buildings in San Pedro. All units are 3 story town house style. All units are separately metered for Water, gas and Electricity. Units have central Air condition and heating. Each unit has it's own exterior camera system with a monitor inside the unit. There are 6 parking spaces on site. The solar is already installed for all 3 units and paid for. Stainless steel Refrigerator, Stove, Dish washer, microwave and washer, dryer is included. All units have large bedrooms. The square footage is based on R3 occupancy and buyer to verify. The each unit is built with 2 large standing showers. All units have balconies. Also have a pick a boo view of harbor and ocean view from the 3rd floor. The subject property is located with in a bike ride from new San Pedro harbor front development. Buy before prices go up. Many restaurants, shops and 110 freeway is nearby. This is a great property for an investor as well as for an owner occupant who wants to occupy one unit and collect rents to subsidize the mortgage payment.

Listing description from the June 2024 sale, as reported to CRMLS.

Sale history

$1,875,000
Sold June 2024 · listed $1,999,000, orig. $2,300,000, on market December 2023 · MLS #23341551 · Source: CRMLS
Listing Agent: Suminda Sellahewa · Listing Office: Avarnka Real Estate, Inc. · Contact: 310-621-1563 · Bought with: Todd Stein · Campbell Wellman Properties
$430,000
Sold March 2021 · listed $468,000, on market January 2021 · MLS #SB21000339 · Source: CRMLS
Listing Agent: Peter Hazdovac · Listing Office: Keller Williams Realty · Contact: 310-519-1080 · Bought with: Suminda Sellahewa · Avarnka Real Estate, Inc.
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