1224 S Mesa St new Save Request In-Person Tour Request Virtual Tour
San Pedro,CA 90731
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,559 sqft
Price per Sqft $302
MLS Listing ID 25589019
Bedrooms 4
Year Built 1922
Lot Size 5,014 Sqft
Property Sub-Type Multi-Family
Property Description
Seller Financing Available: $716,000 at 5.5% Interest-Only, Fixed for 9 Years. No assumption fee or prepayment penalty, providing are and flexible financing structure for investors. The property consists of (2) 2 Bed / 1 Bath and (3) 1 Bed / 1 Bath units. Each unit is individually metered for gas and electricity and features washer/dryer hookups, copper plumbing, and individual water heaters. Kitchens and bathrooms are finished with tile flooring and showers, while the two upstairs units enjoy a harbor-facing balcony and a carpeted entry staircase.Three garages are located at the rear of the property (3x rented at $175 each), providing additional income potential or the option for ADU conversion. Well maintained and located in a residential neighborhood, the property offers strong cash flow with long-term upside supported by below-market operating expenses.
Location
State CA
County Los Angeles
Area Plaza
Zoning LARD1.5
Rooms
Other Rooms None
Interior
Heating None
Cooling None
Equipment None
Exterior
Parking Features None
Garage Spaces 3.0
Building
Story 2
Others
Special Listing Condition Standard