NOT LISTED FOR SALE

2424 S Gaffey St Unit 318 San Pedro, CA 90731

Estimated Value: $604,000 - $637,000

2 Beds
2 Baths
1,216 Sq Ft
$381/mo HOA Fee

Last Sold February 29, 2024

Last sale price $580,000 $477 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,490/month

107 Days on Market

Highlights

  • Marina
  • Ocean View
  • Fishing
  • Sea Front
  • Property has ocean access
  • Primary Bedroom Suite

About This Home

As of February 2024

Welcome to 2424 S. Gaffey Street Unit 318, set high on a hill with OCEAN breezes you will find the BEST unit in the WHOLE building! Come watch the sunrise from your new penthouse suite which is light and bright, is all ONE-LEVEL & is situated on the TOP FLOOR & is also a CORNER unit, so you truly have just ONE neighbor to one side + NO ONE above you! This cozy condo is a first time buyers delight OR a perfect opportunity to downsize, and is the unit to watch & enjoy all that Los Angeles harbor has on display, the absolutely incredible panoramic views include the Pacific Ocean and the Harbor, the blue lights of Vincent Thomas Bridge, Angels Gate, OR watch the CRUISE SHIPS come & go, plus you've got a front row seat to FIREWORKS on the 4th of July! This quant 18 unit complex is conveniently located in the much sought-after historical Point Fermin Oceanside area of San Pedro, within close proximity to historical landmark attractions such as Point Fermin Park & the Light House Museum built in 1874, Cabrillo Beach, Angel Gate Park and MORE! The unit itself has an open/airy/flowing floorpan with unobstructed OCEAN VIEWS visible from the moment you walk inside, also from the living room with cozy fireplace, also from the kitchen and from the private balcony. ALL of the WINDOWS + BACK SLIDER are BRAND NEW as well as ALL of the STAINLESS STEEL appliances which are YES: brand new & INCLUDED! The bedrooms are generously-sized & have huge mirrored wardrobe closets, the laundry room is perfectly located on the same level and BOTH of your tandem parking spaces + storage are secure, gated & located beneath the building with automatic openers and direct access to the convenient ELEVATORS! Perhaps even more exciting than all of this, is the upcoming & soon to be finished $155 MILLION San Pedro waterfront entertainment complex and revitalization dubbed "West Harbor". This long awaited entertainment & dining complex will replace the iconic Ports O' Call village, meaning your timing is IDEAL for the first major overhaul since the village's founding in 1962. West Harbor will feature a 20,000 square-foot beer garden, more than A MILE of WATERFRONT access, more than 150,000 square feet of retail, restaurants, entertainment and more! The developers have a 66-year lease with the port to operate West Harbor with more than $100 million invested by the city & the Port of Los Angeles, all of which is AMAZING news to whomever the lucky new owner of this adorable home, so hurry & show!

Last Listed By

Rina Pierson

Mogul Real Estate License #01985559 Listed on: 11/08/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,106

Year Built

  • Built in 1975

Lot Details

  • Sea Front
  • 1 Common Wall
  • Wrought Iron Fence

HOA Fees

  • $381 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Tandem Garage
  • Garage Door Opener
  • Assigned Parking
  • Controlled Entrance

Property Views

  • Ocean
  • Coastline
  • Harbor
  • City Lights

Home Design

  • Common Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Sliding Doors
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Mirrored Closets Doors
  • 2 Full Bathrooms

Outdoor Features

  • Property has ocean access
  • Ocean Side of Freeway
  • Living Room Balcony
  • Concrete Porch or Patio

Location

  • Across the Road from Lake or Ocean
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 32209
  • Assessor Parcel Number 7465008040
  • $142 per year additional tax assessments

Community Details

Overview

  • 18 Units
  • Vista Pacifica Association

Amenities

  • Laundry Facilities

Recreation

  • Marina
  • Fishing
  • Park
  • Dog Park
  • Hiking Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,106

Year Built

Built in 1975

Lot Details

0

HOA Fees

$381 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Brand new stainless steel Refrigerator, Microwave and Stove!
  • Property Attached: Yes
  • View: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7465008040
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1216.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Living Room Balcony, Open Floorplan
  • Stories: 4
  • Entry Location: 3
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Entry Level: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 476.97
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Suite
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Patio: Yes
  • View: City Lights, Coastline, Harbor, Ocean, Water
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Concrete, Patio
  • Pool Private: No
  • Roof: Common Roof

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, Covered, Garage Door Opener, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Microwave, Refrigerator
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water
  • Association Fee: 380.90
  • Association Fee Frequency: Monthly
  • Association Name: Vista Pacifica
  • Phone: Call me
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Dog Park, Fishing, Hiking, Park, Urban
  • Association Management: Vista Pacifica

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 11669.00
  • Lot Size Acres: 0.2679

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11669.0000 Square Feet
  • Number Of Units In Community: 18
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean, Marina in Community, Ocean Access, Ocean Side of Freeway, Sea Front

Tax Info

  • Tax Census Tract: 2972.01
  • Tax Lot: 1
  • Tax Tract Number: 32209
  • TaxOtherAnnualAssessmentAmount: 142.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2024
Sold by
Grigorian Mher and Grigorian Ashling
Bought by
Grigorian Family Trust and Grigorian
Total Days on Market
107
Current Estimated Value
$628,294

Purchase Details

Closed on
May 7, 2024
Sold by
Grigorian Mher and Grigorian Ashling
Bought by
Grigorian Family Trust and Grigorian

Purchase Details

Listed on
Nov 8, 2023
Closed on
Feb 27, 2024
Sold by
Trust Of Louise V Stelly
Bought by
Grigorian Mher and Grigorian Ashling
Seller's Agent
Rina Pierson
Mogul Real Estate
Buyer's Agent
Mary Boktor-Grisard
Dow Capital
List Price
$724,000
Sold Price
$580,000
Premium/Discount to List
-$144,000
-19.89%
Views
351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Jun 18, 1996
Sold by
Stelly Louise V
Bought by
The Trust Of Louise V Stelly

Purchase Details

Closed on
Oct 14, 1993
Sold by
Paulhe G Peter
Bought by
Paulhe G Peter and Stelly Louise

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grigorian Family Trust -- None Listed On Document
Grigorian Mher -- None Listed On Document
Grigorian Family Trust -- None Listed On Document
Grigorian Mher $580,000 Ticor Title Company
The Trust Of Louise V Stelly -- --
Paulhe G Peter -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $580,000 -3.2% $477 / Sq Ft
01/13/2024 01/13/24 Price Changed $599,000 -11.3% $493 / Sq Ft
12/13/2023 12/13/23 Price Changed $675,000 -6.8% $555 / Sq Ft
11/08/2023 11/08/23 For Sale $724,000 -- $595 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,106 $580,000 $280,000 $300,000
2023 $1,274 $100,899 $27,230 $73,669
2022 $1,213 $98,922 $26,697 $72,225
2021 $1,190 $96,983 $26,174 $70,809
2019 $1,153 $94,108 $25,399 $68,709
2018 $1,140 $92,263 $24,901 $67,362
2016 $1,072 $88,683 $23,935 $64,748
2015 $1,056 $87,352 $23,576 $63,776
2014 $1,065 $85,642 $23,115 $62,527
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23205845

California Regional Multiple Listing Service (CRMLS)

APN: 7465-008-040