San Pedro, CA 90731,1309 S Mesa St
San Pedro, CA 90731,1309 S Mesa St
San Pedro, CA 90731,1309 S Mesa St
San Pedro, CA 90731,1309 S Mesa St
San Pedro, CA 90731,1309 S Mesa St
San Pedro, CA 90731,1309 S Mesa St
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$ 999,000
Est. payment | /mo

5 Beds

7 Baths

4,102 SqFt


Save
$ 999,000
Est. payment | /mo
Save

5 Beds

7 Baths

4,102 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,102 sqft

Price per Sqft $243

MLS Listing ID 26638163

Bedrooms 5

Year Built 1912

Lot Size 4,500 Sqft

Acres 0.1033

Property Sub-Type Multi-Family

Property Description

This exceptional 7-Unit property represents a rare investment opportunity with outstanding rental income potential. Currently delivering a robust cap rate of over 4.7%, it stands out as a prime addition to any portfolio. Built in 1912, this historic asset encompasses 4,102 square feet of thoughtfully designed living space, situated on a generous 4,500-square-foot lot with convenient alley access. The property features two charming, well-maintained 2-bedroom, 1-bath units alongside five inviting studio apartments, offering a diverse and flexible rental mix. Perfectly positioned within strolling distance to the vibrant Main Channel Waterfront, South Pacific Avenue's retail and dining hotspots, and 22nd Street Park, it combines unparalleled convenience with an exceptional lifestyle. San Pedro, one of Los Angeles' most promising emerging beach communities, seamlessly blends historic allure with dynamic growth potential, making this property a compelling opportunity for savvy investors seeking long term returns and appreciation!

Location

State CA

County Los Angeles

Area Plaza

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling Window Unit(s)

Equipment Range/Oven

Exterior

Parking Features On street

Building

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Global Platinum Properties, Inc.

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1309 S Mesa St