3622 S Gaffey Street, San Pedro, CA 90731

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Sold Price
$1,550,000
List Price
$1,550,000
Closing Date
Oct 31, 2025
Status
CLOSED
MLS#
SB25173371
Year Built
1928
Lot Size
6,403
Acres
0.15
Lot Location
0-1 Unit/Acre, Corner Lot, Rectangular Lot, Street Level
Days on Market
74
Property Type
Multifamily
Style
Mediterranean, Spanish
Property Sub Type
Duplex
Stories
Two Levels

Property Description

Rare investment opportunity in Point Fermin. Fully restored 1928 Mediterranean duplex on a 6,400 sq ft street-to-alley lot with LAR2 zoning and ADU potential (buyer to verify). Delivered vacant, this property is ideal for strong rental income, owner-user, or future development. Upper unit (3622) offers 3 bedrooms, 1 bath plus office/flex space, remodeled quartz kitchen, updated flooring, indoor laundry, balcony, and garage. Lower unit features 2 bedrooms, 1 bath, remodeled kitchen, direct yard access, and garage. Recent upgrades include electrical, plumbing, and foundation improvements. Prime corner lot with unobstructed views of the Korean Bell and Catalina Island ensures long-term tenant appeal. Two garages plus driveway parking. Conveniently located near Point Fermin Park, Cabrillo Beach, Paseo Del Mar, and the upcoming West Harbor waterfront development.

Additional Information

Other Buildings
Shed(s)
Appliances
Gas Cooktop, Microwave
Pool Description
None
Heat
Ductless
Cooling
Yes
Cooling Description
Ductless
View
Park/Greenbelt, Ocean
Exterior Construction
Stucco
Roof
Flat
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, All Bedrooms Up, Wine Cellar
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$102,000
Operating Expense
4500

Listing courtesy of Listing Agent: Adela Randazzo (adela@adelarandazzo.com) from Listing Office: Keller Williams Realty.

Listing sold by Andrew Watkins from Century 21 Masters

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.