2222 S Mesa Street #24

San Pedro, CA 90731

  • 2 Bed(s)
  • 3 Bath(s)
  • 1,736 Sqft
$340,000

Description

Experience resort-style living in this spacious, updated condo with over 1,736 square feet of living space, stunning ocean views, and a premium location. this rare opportunity combines comfort, affordability, and significant tax advantages, making it a standout value in the south bay. the home features two large bedrooms, three full bathrooms, a wide-open floor plan, dual balconies with walk-in storage, a cozy fireplace, and well-placed skylights for abundant natural light. the well-equipped kitchen overlooks the community pool, and washer/dryer hookups are conveniently located in the hallway. included are three full-sized storage units and two side-by-side parking spaces. resort-style amenities include an onsite fitness center, pool, and jacuzzi. what sets this condo apart is its long-term ground lease (expiring in 2050), which translates into a significantly lower purchase price. the total monthly hoa and ground lease payment is $1,896.72, offering a financial advantage when compared to a traditional property purchase. here’s the breakdown: if you were to purchase a $560,000 condo with a comparable hoa ($483/month), your mortgage and property tax payments would result in a similar monthly cost—but you simply won’t find this much living space, ocean views, and proximity to world-class developments anywhere else in the south bay. add in the tax-deductible benefits of the ground lease under irs code 1055, and the value becomes even clearer. consult your cpa for details. located within walking distance to cabrillo beach yacht club, the marina, cabrillo beach, and crafted, this home is also positioned near the exciting upcoming west harbor development. don’t miss your chance to own this incredible waterfront property. with unmatched space, location, and financial benefits, it’s truly a one-of-a-kind opportunity. schedule your private showing today.

  • Property Type

    Residential

  • County

    Los Angeles

  • Style

    Residential

  • AD ID

    49051727

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Property Details

  • Bedroom Information

    • Total Bedrooms : 2

    Bathroom Information

    • Total Baths: 3
    • Full Baths: 3

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: Primary Suite
    • Fireplace: Living Room

    Cooling Features

    • Central Air
    • Air Conditioning

    Fireplace

    • Fireplace Features: Living Room
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1990

    Pool Features

    • Association

    Laundry Features

    • Inside

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Source: Vendor Enhanced

  • Listing Price Information

    • Original List Price: 340,000
    • Listing Contract Date: 2024-11-30

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7465004049

  • Garage and Parking

    • Garage Description: Assigned,Community Structure,Side By Side

    Homeowners Association

    • Association: Yes
    • Association Amenities: Controlled Access,Fitness Center,Maintenance Grounds,Insurance,Management,Pool,Spa/Hot Tub
    • Association Fee: 483
    • AssociationFee Frequency: Monthly
    • Calculated Total Monthly Association Fees: 483

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 181 - Point Fermin
    • Directions: Corner of W. 22nd St and Via Cabrillo-Marina.
    • Zoning: LARD1.5
    • Source Property Type: Residential
    • Area: 181 - Point Fermin
    • Property SubType: Condominium

    Building and Construction

    • Property Age: 35
    • Common Walls: 2+ Common Walls
    • Structure Type: Condominium
    • Year Built Source: Public Records
    • Total Square Feet Living: 1736
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
    • Structure Type: Multi Family
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BuyOwner last updated this listing 04/05/2025 @ 01:29

  • MLS: SB25025731
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 2 bedrooms which is recently sold, it has 1,736 sqft, 1,736 sized lot, and 2 parking. are nearby neighborhoods.