2217 S Gaffey Street, San Pedro, California 90731, San Pedro, 90731 - 5 bed, 3 bath
ACTIVE$999,000
2217 S Gaffey Street, San Pedro, California 90731
5Beds
3Baths
1,769Sqft
4,499Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Top Cons:
Historic Original Construction: The main structure dates to 1910, which, despite recent upgrades, may entail ongoing maintenance considerations typical of older homes.
Compared to the nearby listings
Price:$999.0K vs avg $1.06M ($-65,500)48%
Size:1,769 sqft vs avg 2,371 sqft29%
Price/sqft:$565 vs avg $42576%
More Insights
Built in 1910 (115 years old).
Condition: This property features two distinct units. The rear home is newer construction completed in 2019, making it virtually new and in excellent condition. The front house, while originally built in 1910, has undergone extensive recent renovations, including a newer kitchen, roof, paint, flooring, and the addition of Tesla solar panels. The visible interiors (living room, bathroom) showcase modern light fixtures, updated flooring, and a contemporary bathroom with marble-look tiles and a barn door, indicating high-quality, recent updates. Both kitchens and bathrooms are either new or recently renovated to modern standards, aligning with the 'excellent' criteria for properties built or extensively renovated within the last 5-10 years.
Year Built
1910
Close
-
List price
$999K
Original List price
$1.1M
Price/Sqft
$565
HOA
-
Days on market
-
Sold On
-
MLS number
SB25105107
Home ConditionExcellent
Features
Good View: Harbor
Deck
ViewHarbor
About this home
Huge price improvement. Views abound from this hillside beach bungalow. 2 separate homes on this large lot make it perfect for Airb&b or compound style, ideal for 2 families. Zoned R2.5, this spacious property has separate front and rear living and separate meters. Front house has newer kitchen, newer roof, newer paint, newer flooring, TESLA solar panels and 4 bedrooms. Enjoy city light views from 240 square foot terrace above single garage. Rear home has large private balcony with views, and is 1 bedroom and bath plus living area. Rear is newer construction completed in 2019. Lots of storage throughout the premises with room for expansion. Both homes will be delivered vacant.
Nearby schools
5/10
Leland Street Elementary School
Public,•K-6•0.5mi
5/10
Fifteenth Street Elementary School
Public,•K-5•0.6mi
3/10
Cabrillo Avenue Elementary School
Public,•K-5•1.0mi
7/10
White Point Elementary School
Public,•K-6•1.0mi
4/10
Seventh Street Elementary School
Public,•K-5•1.5mi
2/10
Barton Hill Elementary School
Public,•K-6•1.6mi
5/10
Bandini Street Elementary School
Public,•K-6•1.6mi
7/10
South Shores/Csudh Visual And Performing Arts
Public,•K-5•1.7mi
5/10
Crestwood Street Elementary School
Public,•K-6•2.1mi
9/10
Park Western Place Elementary School
Public,•K-5•2.1mi
9/10
Taper Avenue Elementary School
Public,•K-5•2.6mi
8/10
Mira Catalina Elementary School
Public,•K-5•2.7mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•3.7mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•4.6mi
6/10
Harbor City Elementary School
Public,•K-5•4.9mi
4/10
Richard Henry Dana Middle School
Public,•6-8•0.5mi
8/10
Miraleste Intermediate School
Public,•6-8•2.7mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•3.1mi
6/10
Alexander Fleming Middle School
Public,•6-8•4.9mi
4/10
Hudson K-8
Public,•K-8•6.7mi
6/10
San Pedro Senior High School
Public,•9-12•0.6mi
5/10
Phineas Banning Senior High School
Public,•9-12•5.2mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•5.6mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•6.1mi
3/10
Cabrillo High School
Public,•9-12•6.5mi
8/10
Palos Verdes High School
Public,•9-12•8.3mi
Price History
Date
Event
Price
03/03/23
Sold
$950,000
04/22/16
Sold
$390,000
Condition Rating
Excellent
This property features two distinct units. The rear home is newer construction completed in 2019, making it virtually new and in excellent condition. The front house, while originally built in 1910, has undergone extensive recent renovations, including a newer kitchen, roof, paint, flooring, and the addition of Tesla solar panels. The visible interiors (living room, bathroom) showcase modern light fixtures, updated flooring, and a contemporary bathroom with marble-look tiles and a barn door, indicating high-quality, recent updates. Both kitchens and bathrooms are either new or recently renovated to modern standards, aligning with the 'excellent' criteria for properties built or extensively renovated within the last 5-10 years.
Pros & Cons
Pros
Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Income-Generating Duplex: Features two separate homes with individual meters and R2.5 zoning, offering strong potential for rental income (e.g., Airbnb) or multi-generational living.
Panoramic City & Harbor Views: Enjoys abundant city light and harbor views from multiple vantage points, including a 240 sq ft terrace and a private balcony.
Extensive Recent Renovations: The front house boasts a newer kitchen, roof, paint, flooring, and Tesla solar panels, complemented by a rear unit completed in 2019.
Immediate Occupancy/Rental Ready: Both units will be delivered vacant, providing flexibility for immediate owner occupancy or seamless tenant placement.
Future Expansion Potential: The property offers ample storage and identified room for future expansion, allowing for increased living space or value addition.
Cons
Historic Original Construction: The main structure dates to 1910, which, despite recent upgrades, may entail ongoing maintenance considerations typical of older homes.
Substantial Price Adjustment: A significant price reduction from the original $1.1M list price indicates potential market resistance or initial overpricing.
Hillside Property Challenges: Its hillside location, while providing views, can present unique challenges such as steep access, complex landscaping, or specific foundation maintenance requirements.