1224 S Mesa Street

San Pedro, CA 90731

  • 7 Bed(s)
  • 0 Bath(s)
  • 3,559 Sqft
  • 5014
    Sqft(Lot)
$1,125,000

Description

We are excited to present our latest exclusive listing in san pedro. this 5-unit multifamily property is conveniently located just three blocks from ports o' call village and minutes from cabrillo marina. the property features spacious units, including three 1-bedroom/1-bathroom and two 2-bedroom/1-bathroom units. well-maintained over the years, the property offers a 5.01% cap rate based on current income, with a proforma cap rate of 9.39%. seller financing available, with over 9 years remaining on the current note, offering an interest-only rate of 5.5% and no assumption fee. the property also presents an estimated 65% upside in rents. it is individually metered for gas and electricity, and each unit includes washer/dryer hookups. the property is primarily equipped with copper plumbing and individual water heaters. three garages at the rear provide potential for additional income or conversion into an adu. for more details, please contact the listing agents.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48521645

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Property Details

  • Bedroom Information

    • Total Bedrooms : 7

    Bathroom Information

    • Total Baths: 5
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Disposal,Refrigerator

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1922
    • Building Area Total: 3,559

    Laundry Features

    • Stacked

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1151
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 5014

  • Listing Price Information

    • Original List Price: 1,125,000
    • Listing Contract Date: 2025-02-03

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7456009025

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 185 - Plaza
    • Postal Code Plus 4: 4230
    • Directions: S Mesa St & W 13th St
    • Zoning: LARD1.5
    • Source Property Type: Residential Income
    • Area: 185 - Plaza

    Building and Construction

    • Property Age: 103
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 3559
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 03/03/2025 @ 05:03

  • MLS: 25494855
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 7 bedrooms which is for sale, it has 3,559 sqft, 5,014 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of San Pedro , in zip code 90731, this Los Angeles County Home are nearby neighborhoods.