Sold for $950,000 on 10/07/25
Listing Provided by:
Angela Conterno DRE #01134361 310-529-7338,
Henry Falkenstein & Assoc,
Paul Falkenstein DRE #01971193 310-519-7733,
Henry Falkenstein & Assoc
Bought with: Keller Williams Realty
$950,000
1431 S Gaffey St, San Pedro, CA 90731
8beds
7baths
4,252sqft
Quadruplex
Built in 1964
-- sqft lot
$969,200 Zestimate®
$223/sqft
$2,668 Estimated rent
Owner options
What's special
** PRICE IMPROVEMENT - Seller is MOTIVATED ** Competitively priced to get attention from INVESTORS who are serious about adding a stable income property to their portfolio. This well maintained Fourplex in the heart of bustling San Pedro, CA is a solid investment property that offers a 4.1 CAP Rate and a 16.01 GRM with plenty of upside potential. Three Units are the popular Townhouse style floorplan with the Kitchen, Living Room, 1/2 Bathroom and a Pivate Backyard Patio downstairs - 2 Bedrooms and full Bathroom upstairs. The fourth Unit is a one level 2 Bedroom/1 Bathroom Unit that sits above the Garages in the back. Each unit comes equipped with their own Laundry Hookups and are each metered separately for gas and electricity for optimum return on your investment. If you're not familiar with San Pedro, now is the time to take look at this hidden Coastal Gem in the South Bay. Close proximity to shopping, restaurants, freeway access, Cabrillo Beach, Battleship USS Iowa Museum, AltaSea and the West Harbor Development in the Port of LA - a vibrant waterfront destination for dining, shopping, entertainment and waterside experiences in the Port of LA.
Zillow last checked: 7 hours ago
Listing updated: October 07, 2025 at 03:41pm
Listing Provided by:
Angela Conterno DRE #01134361 310-529-7338,
Henry Falkenstein & Assoc,
Paul Falkenstein DRE #01971193 310-519-7733,
Henry Falkenstein & Assoc
Bought with:
Sergio Scerra, DRE #01969977
Keller Williams Realty
Source: CRMLS,MLS#: SB25149582
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
Bedroom
- Features: All Bedrooms Up
Heating
- Radiant
Cooling
- None
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- Unfurnished, All Bedrooms Up
- Flooring: Carpet, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,252
- Total interior livable area: 4,252 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Garage
- Garage spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: 1st and 2nd floor
- Pool features: None
- Spa features: None
- Fencing: Block
- Has view: Yes
- View description: None
Lot
- Size: 4,505 sqft
- Features: 2-5 Units/Acre, Level
Details
- Parcel number: 7454029027
- Zoning: LAC1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Storm Drain(s), Street Lights, Sidewalks
Location
- Region: San Pedro
Other
Other facts
- Listing terms: Cash to New Loan,Conventional,1031 Exchange
- Road surface type: Paved
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Estimated market value
$969,200