1224 S Mesa Street, San Pedro, CA 90731
- $975,000
- 4
- BD
- 5
- BA
- 3,559
- SqFt
- Sold Price
- $975,000
- List Price
- $1,075,000
- Closing Date
- Oct 10, 2025
- Status
- CLOSED
- MLS#
- 25589019
- Year Built
- 1922
- Bedrooms
- 4
- Bathrooms
- 5
- Living Sq. Ft
- 3,559
- Lot Size
- 5,014
- Acres
- 0.12
- Days on Market
- 8
- Property Type
- Multifamily
- Stories
- Two Levels
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.
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Additional Information
- Heat
- None
- Cooling Description
- None
- Attached Structure
- Detached
- Number Of Units Total
- 5
Listing courtesy of Listing Agent: Chase Simonton (Chase@RemaxOneCommercial.com) from Listing Office: RE/MAX One.
Listing sold by Chase Simonton from RE/MAX One
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.