Perfect for a first-time homebuyer or savvy investor looking to enjoy instant value in the heart of San Pedro while catching the appreciation wave from all the new development coming to town; this is a rare opportunity to acquire a move-in ready and amenity-rich unit with entry level pricing. This well-maintained and beautifully updated spacious First level 1-bed/1-bath condo exudes resort-style living with an abundance of natural lighting, a built-in murphy bed in the living room, plenty of cabinet and closet space for additional utility, and a sliding glass door opening to a balcony facing lush and beautiful plant life. Pride of ownership evident throughout; the unit has been lovingly maintained by the same owner for nearly 20 years and was freshly painted and updated in 2021. Upgrades include a beautiful kitchen backsplash above flowing Calacatta Quartz Gold countertops, self-closing cabinets, custom plantation shutters in the living room and bedroom, blackout blinds for privacy and sound insulation, recess lighting throughout, new thermostats, updated shower backsplash, in-ceiling speaker and LED lighting in shower, LED mounted mirror, a towel warmer and a beautiful marble composite countertop at the bathroom vanity. Unit #2 is ideally situated within the 22-unit San Catalda HOA, opening to an artfully tiled courtyard with serene water fountain and lush landscaping. You can let yourself spread out with two (2) exclusive use tandem parking spaces, in-garage storage space, and additional exclusive-use storage space in-building near the elevators. You’ll sleep soundly with gated parking and secured entry ... and you can save on gym membership with a community gym that was upgraded in 2021 with new equipment, new floors, countertops, and bathroom upgrades. Additional amenities include a meeting room, wet bar, community library, and community laundry facility with app-based access all, on the first floor (don’t worry - these amenities elevator are all on the other side of the complex so all you’ll hear from your space is the relaxing rhythm of the water fountain). For the practical-minded, the low HOA fee keeps expenses predictable by covering water, sewer, and trash utilities. Located only blocks away from Downtown San Pedro and minutes from the Cabrillo Marina, Brouwerij West, and the work-in-progress Waterfront Development. Unlike many condos in the area, this home is not subject to LA City RSO (according to ZIMAS - buyer to verify).