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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

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    $2,668/mo

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    $5,794/mo

    Est. payment

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    $5,794/mo

    Est. payment

    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#: SB25149582MLS LogoOriginating 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