1224 S Mesa Street
San Pedro, CA 90731
- – beds
- – baths
- – sqft
- 5,014 sqft lot
- 1922 build
- – on site
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We are pleased to present our newest exclusive listing in San Pedro. This 5-unit multifamily property is located only 3 blocks away from Ports O' Call Village and minutes from the Cabrillo Marina. The property boasts spacious units comprised of three 1 bedroom/1 bathroom and two 2 bedroom/1 bathroom units. The property has been well taken care of over the years and boasts a 5.28% CAP RATE on current income with a 10.62% proforma cap rate. Additionally, the property has an estimated 65% upside in rents. The property is individually metered for gas and electric and all units have washer/dryer hookups. The property is mainly copper plumbing and has individual water heaters. There are three garages in the rear that can used for additional income or potentially converted into an ADU. For more information, please reach out to the listing agents.
Last checked:
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Last updated Jan 18, 2025
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MLS# 24465415 —
The Building
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Year Built:1922
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New Construction:No
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Building Area Total:3559.00
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Total Number Of Units:5
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# of Buildings:3
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Stories Total:2
Interior
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Levels:Two
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Laundry:Stackable
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Laundry:1
Location
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Directions:S Mesa St & W 13th St
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Latitude:33.73273900
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Longitude:-118.28549700
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:5014.0000
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Lot Size Acres:0.1151
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Lot Size SqFt:5014.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7456009025
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Appliances
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Appliances:Disposal, Refrigerator
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking Spaces:3.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/27/24
Dec 27, 2024
|
Sold | CRMLS_CA | $895,000 | |
|
12/10/24
Dec 10, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $895,000 | |
|
11/19/24
Nov 19, 2024
|
Listed / Active | CRMLS_CA | $895,000 |
