Here is your incredible opportunity to live by the ocean in San Pedro! Discover this charming 1-bedroom, 1-bath condominium nestled in one of San Pedro's most desirable oceanfront neighborhoods, Historic Point Fermin! This well-cared-for lower-level end unit offers the convenience of single-level living, so there are no stairs to climb! This property includes a private balcony with a relaxing peek-a-boo ocean view! 2424 S Gaffey is perfect for first-time buyers, a young couple, an older couple looking to downsize, or just a couple of best friends that are looking to stop paying rent and start building equity with an affordable coastal lifestyle. Located within a quiet and intimate 18-unit community, right around the corner from Point Fermin Park, the historic Point Fermin Lighthouse, Cabrillo Beach, Angel's Gate Park, and the world-famous Korean Friendship Bell. Spend your evenings enjoying spectacular Pacific Ocean sunsets, and scenic bluff-top walking paths, and easy access to neighboring South Bay beach communities. Whether you're looking for a primary residence, vacation home, or investment opportunity, this ocean-close condo offers incredible value in one of Southern California's fastest-growing coastal markets.