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ENDLESS POSSIBILITIES AWAIT - MUST SEE IN PERSON! Welcome to 1537 S Gaffey, a captivating Spanish-style single-family home nestled on a desirable corner lot. This distinctive property is zoned commercial (LAC-1), unlocking a world of potential—whether you envision mixed-use, retail, office space, or even an ADU (accessory dwelling unit). Buyer to verify options. Bathed in natural light, the spacious interior features large rooms designed for both comfort and entertaining. Enjoy the cool breeze of air conditioning during warmer months, enhanced by stylish new blinds that elevate the aesthetic. The timeless charm of hardwood floors flows throughout, complemented by elegant architectural arches that highlight the home’s Spanish character. Recent updates, including new flooring and fixtures, blend modern convenience with classic style. Storage is a breeze with generous closets, a basement, and a two-car garage, plus two additional reserved parking spots right next to the garage. In total, enjoy five parking spaces (two in the garage, two adjacent, and one behind the garage) along with ample street parking. Step outside to the back patio, an ideal canvas for your personal oasis. With the convenience of being within walking distance to all three local schools and easy access to shopping and the Port of Los Angeles known as the San Pedro Waterfront Project, represents a transformative vision for the area, blending modern functionality with community-focused spaces. This vibrant development enhances the existing port facilities while creating an engaging waterfront experience for residents and visitors. The location is unbeatable. Don’t miss this exceptional opportunity to own a versatile property in a prime area! Call Listing Agent for details about a Lender Financing opportunity on this property. Note: If you don’t find street parking when visiting, feel free to use the two designated spaces next to the garage, but please return the yellow chain when you leave.
Listing agent: Carol Fisher DRE #01205022 carolfisher.realestate@gmail.com, Listing office: Berkshire Hathaway HomeServices California Properties
MLS data updated 10/30/2026, 1:56:36 PM PT
Source: CRMLS, MLS #: SB24200340
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 21, 2025
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$680,000Closed sale · Mar 21, 2025ZIP 90731 · Mar 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.